A rendering showing BMO Tower (right) and Union Station (left). BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. BMO collaborated with non-profit groupIPaintMyMindto engage a local artist to paint a mural on the 17thfloor. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Third party web sites may have privacy and security policies different from BMO. Formerly: N.W. Canal Street Market, at the 320 South Canal Building, 314 S. Canal Street, restaurant opening Thursday, August 25. One challenge for Union Bank as it looks to unload the BMO properties is that they're not the only big office building on the block with imminent distress. Peterson is also in charge of the wine and beer selections. 115 S. LaSalle Street and 320 S. Canal Street (Google Maps) Debt tied to office buildings in Chicago's Loop is set to be sold for a loss as major tenants . The building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, will add 1,500,000 square . BMO Completes Acquisition of Radicle Group Inc. BMO the Top Ranked Financial Institution on New Global Sustainability Benchmark Announced at COP 27, The Government of Canada announces the issuance of a Ukraine Sovereignty Bond, BMO to Invest in Innovative Carbon Offsets from CarbonCure to Permanently Store CO2, The Financial Women's Association Underscores Its Commitment to the Back2Business Return-to-Work Program, BMO Helps Break Barriers to Mark 10th Annual International Day of the Girl, A Canadian First: BMO and Concordia University Partner for a Sustainable Future with Innovative Sustainability-Linked Loan, BMO's 18th Global Equity Through Education Trading Day Raises C$1.65 Million for Education and Development of Students in Need, BMO Capital Markets Trading Floors in Toronto, New York and London Promote Equity Through Education for 18th Year to Provide Financial Aid to Students, BMO Financial Group Reports Third Quarter 2022 Results, BMO Financial Group Declares Dividends Aug 30, BMO Expands Presence in Japan with Securities License, BMO to Acquire Calgary-based Radicle Group Inc., a Leader in Environmental Services, BMO Named Among Canada's Best 50 Corporate Citizens, BMO Financial Group Reports Second Quarter 2022 Results, BMO Financial Group Increases Common Share Dividend by 6 cents from the prior quarter, up 31 per cent from the prior year, BMO Expands Electronic Trading Operations for Institutions and Broker Dealers to EMEA Markets, The Future of Food: BMO Hosts Leading Farm to Market Conference in New York, BMO and EDC Announce Collaboration to Introduce Sustainable Finance Solutions for Canadian Businesses, BMO Celebrates Earth Day with Trees from Trades, BMO joins leading US banks in support of Ownership Works, to help create wealth for working families through employee ownership programs, BMO proud to support first Government of Canada Green Bond transaction as joint-lead manager, BMO Proxy Circular and 2021 Sustainability Reporting Suite Now Available, BMO Supports Women Entrepreneurs in Canada with $5 Billion in Capital to Mark International Womens Day 2022, BMO Financial Group Declares Dividends - Mar 1, BMO Financial Group Reports First Quarter 2022 Results, BMO Capital Markets to Host 31st Global Metals & Mining Conference, BMO Launches Business Within Reach: BMO for Black Entrepreneurs and Commits $100 million in loans to Help Black-led Businesses Start up, Scale up, and Grow, BMO Announces Plan to Partner with Breakthrough Energy Catalyst to Accelerate Climate Innovation, BMO Financial Group Named North America's Most Sustainable Bank for Third Consecutive Year, BMO Financial Group accelerates North American growth with strategic acquisition of Bank of the West, BMO Capital Markets Named Best Canadian Bank for USD/CAD for 11th Consecutive Year, BMO Financial Group Reports Fourth Quarter and Fiscal 2021 Results, BMO Financial Group Announces Intention to Repurchase Up to 22.5 Million of its Common Shares, BMO Financial Group Increases Common Share Dividend by 27 cents from the prior quarter, up 25 per cent from the prior quarter and prior year, BMO Helps Boralex Go Beyond Renewable Energy, with the Transition of its Credit Facility to a Sustainability-Linked Loan, BMO Capital Markets' Fixed Income Strategy Group Earns Top Rankings in Institutional Investor Survey, BMO First Bank to Pre-Purchase Direct Air Capture Carbon Removals using Carbon Engineering technology, A Global First: BMO Supports Bruce Power with World's First Nuclear Green Financing Framework, BMO ranked one of the most sustainable companies in the world according to Dow Jones Sustainability Indices, BMO Helps Teck Resources Advance ESG Goals with Sustainability-Linked Loan, BMO Celebrates International Day of the Girl 2021 - Participates in New Sustainability Innovation Hub to Inspire Young Women, North American Metals & Mining first: BMO helps Sandstorm Gold Royalties achieve ESG goals with Sustainability-Linked Loan, BMO marks National Day for Truth and Reconciliation with $600,000 in donations to Indigenous organizations across Canada, Education, Employment and Economic Empowerment: BMO Releases Wcihitowin - First Annual Indigenous Partnerships and Progress Report, BMO's 17th Annual Equity Through Education Trading Day Raises C$1.6 Million to Promote Diversity, Equity and Inclusion, Media Advisory - BMO Celebrates 17 Years of Promoting Diversity and Inclusion Through BMO Capital Markets' Equity Through Education Trading Day, BMO Harnesses AI Technology for Capital Markets Structured Note Pricing and Scenario Analysis, BMO Financial Group Reports Third Quarter 2021 Results, BMO Financial Group Declares Dividends - Aug 24, BMO Announces $12 Billion Financing Commitment towards Affordable Housing in Canada, BMO supports Canada's bid to host the headquarters of the International Sustainability Standards Board, BMO Named to Canada's Best 50 Corporate Citizens Ranking by Corporate Knights, BMO Capital Markets Focused on Expanding Healthcare Franchise, BMOs Deland Kamanga Named a Catalyst Honours Champion for 2021, BMO Investments Inc. Launches New U.S. All Cap Equity ETF Series, BMO donation helps Yukon University establish new Permafrost Institute, BMO Establishes New, Innovative Energy Transition Group, Bringing Indigenous Perspectives to Canadians: First Nations University of Canada, Reconciliation Education and BMO launch new eLearning to mark National Indigenous History Month, BMO Financial Group Declares Dividends - May 26, BMO Financial Group Reports Second Quarter 2021 Results, The Future of Food & Agriculture: BMO Hosts World-Leading Farm to Market Conference for 16th Consecutive Year, Rush University System for Health and BMO Financial Group Announce $10 Million Donation to Create the Rush BMO Institute for Health Equity, BMO Shares Progress on IFC led Operating Principles for Impact Management in First Disclosure Statement, BMO Announces $250,000 Donation to Organizations Supporting Global Emergency COVID-19 Relief Efforts, A North American First: BMO Helps Gibson Energy Fully Transition Credit Facility to a Sustainability-Linked Loan, BMO to Chair Global Cross-Sector Biodiversity Initiative, Earth Day 2021: BMO Turns Trades into Trees, Forbes names BMO Harris Bank one of the Best Employers for Diversity 2021 for the third year in a row, Forbes names BMO Harris Bank among World's Best Banks 2021, BMO recognized by Environmental Finance's 2021 Bond Awards, BMO Issues C$750 million Women in Business Bond In Support of Women-Owned Businesses, BMO Commits $1.2 Million to SheEO Programs Helping Women-Led Venture Companies Access Financing, BMO Named One of the World's Most Ethical Companies by the Ethisphere Institute for the Fourth Year in a Row, BMO Financial Group Reports First Quarter 2021 Results, BMO Financial Group Declares Dividends - Feb 23, BMO to Host 30th Annual Global Metals & Mining Conference, BMO Financial Group among first Canadian banks to sign United Nations Principles for Responsible Banking, BMO Financial Group joins the Partnership for Carbon Accounting Financials, BMO Financial Group ranked top bank in North America on Corporate Knights' 2021 Global 100 Most Sustainable Corporations in the World, BMO Financial Group 2020 Sustainability Report and Public Accountability Statement Now Available Online, BMO Employees Rally Together to Combat Economic and Social Disparity, BMO Financial Group Recognized by CDP for Best Practice in Climate Change, BMO Capital Markets Named Best Canadian Bank for USD/CAD for 10th Consecutive Year, BMO Financial Group Reports Fourth Quarter and Fiscal 2020 Results, BMO Financial Group Declares Dividends - Dec 1, BMO Ranked Among Most Sustainable Companies on Dow Jones Sustainability Index - North America. Enclosed climate-controlled parking; Convenient visitor parking with validation program; Electric car charging stations; High-speed entrance and exit doors The tower will have the following features: - 50 stories high - 1.4 million square feet of office space - 400 stall parking garage - High-tech BMO branch bank on ground floor - 1.5 acre park adjacent to the tower. Open Today 0900-1700 0900-1700 0900-1700 0900-1700 0900-1700 . BMO is Read more, BMO was proud to be theTitle Sponsorfor the 32nd AnnualBlack Law Students' Association of Canada(BLSA Canada) National Conference, which hosted nearly 500 law and pre-law students, lawyers, legal professionalsand community Read more, Many young women face a complex combination of barriers to leadership, such as harmful gender norms, discrimination and negative perceptions that may either deny or impede them from unleashing their Read more. The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors, and enhance tenant operational efficiency. The building is oriented in the north-south direction along the east side of its site and features a subtly folded faade. The Italian restaurant is quite a red sauce American spot, nor does it gravitate toward a specific region. BMO Harris Bank N.A. E-mail oureditor The building incorporates innovative technology to maximize occupant health, mitigate risk related to harmful environmental factors and enhance operational efficiency. Reserve. newsletter. For further information: For Media Relations Inquiries: Scott Doll, Chicago, scott.doll@bmo.com, (773) 766-5439, BMO Financial Group Declares Dividends - Feb 28, BMO Financial Group Reports First Quarter 2023 Results, BMO to Host 32nd Global Metals, Mining & Critical Minerals Conference, BMO Financial Group and BNP Paribas Announce Global Commercial Agreement, BMO Completes Acquisition of Bank of the West, BMO Ranked North America's Most Sustainable Bank by Corporate Knights for Fourth Consecutive Year, BMO Receives Regulatory Approval to Acquire Bank of the West, BMO ranked one of the most sustainable companies in North America on the Dow Jones Sustainability Indices, Top Rankings for BMO Capital Markets' FICC Macro Strategy Group in Institutional Investor Client Survey, BMO Climate Institute Survey Shows Costs and Competing Priorities Slowing Climate Action for Small and Mid-Sized Businesses, BMO Financial Group Reports Fourth Quarter and Fiscal 2022 Results, BMO Financial Group Increases Common Share Dividend by 4 cents from the prior quarter, up 8 per cent from the prior year. The 320 building app provides a digital hub connecting tenants to amenities, events and happenings at the property while streamlining services and allowing tenants to use their mobile phone to access the building. Get Directions. The 1.5 million-square-foot high-rise was face competition from the 1.4 million-square-foot Bank of America tower under construction at 110 N. Wacker, the planned 1.2 million-square-foot . +1 414-431-6555. To learn more or opt-out, read our Cookie Policy. Clark Construction laid the final beam at BMO Tower in Chicago's Loop, topping out at 51 stories on April 24. CHICAGOBMO Financial Group and Riverside Investment & Development were joined by city officials on Friday to break ground on the 50-story BMO Tower building at 320 S . Mark Irgens 414.443.2520 mirgens@irgens.com; Tom Irgens 414. . Located at 790 N Water Street in the heart of the central business district, BMO Tower's contemporary design is a striking addition to Milwaukee's urban core. That's why Samsung is now poised to hand over the keys to the lender, which is likely to sell the loanand therefore the propertiesfor far less than the value of the debt, sources said. Member FINRA /SIPC .SEC-registered investment adviser. ", U. S. CEO of BMO Financial Group | David Casper. Construction of the tower began about 18 months ago and has continued during the pandemic, BMO officials said. The main floor of the tower features a brand new, technology-enabled branch, providing customers with a modern and open environment. Canal Street Eatery & Market is located in the building overlooking the park, while the Afterbar is situated adjacent to the park space. The project also includes a 1.5-acre publicly accessible park atop a . 50-story tower at 320 S Canal St. will serve as BMO's U.S. Headquarters for decades to come. This information is being used to support the promotion or marketing of the planning strategies discussed herein. Privacy Policy For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. Were the largest bank in the world that has its U.S. headquarters in Chicago, a market in which we have a long, proud history of over 160 years., "Each year, more corporations are realizing the incredible potential of our city to launch and grow a successful business," said Chicago Mayor Lori E. Lightfoot. Getting to the How of an Energy-Transition Economy, The Delta Surge and Impacts on a Reopening, Private Capital Seizing the Stage in U.S. Middle Market, M&A Markets Active Despite Macroeconomic Backdrop, 50-story tower at 320 S Canal St. will serve as BMO's U.S. Headquarters for decades to come, Building designed to achieve WELL Building Platinum & LEED Gold standards. Sorensen is working with chef de cuisine Ross Sundberg. Theres so much work in the prep, everything takes a bit less time on the line, Sorensen says. BMO Tower Garage - 654 spots. This information is not intended to be tax or legal advice. The Green at 320 South Canal is the largest privately owned public park space in Chicago's West Loop. "BMO Tower will stand as a testament to our city's thriving corporate amenities and bustling downtown area. 2. Please review the privacy and security policies of web sites reached through links from BMO web sites. BMO collaborated with non-profit group IPaintMyMind to engage a local artist to paint a mural on the 17th floor. Zach LaVine finished with a game-high 41 points, DeMar DeRozan added 21 and Patrick Beverley had a double-double with 10 rebounds and 10 assists. Function. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. The Green at 320 South Canal is the largest privately owned public park space in Chicagos West Loop. Since topping off its concrete core in April, the high-rise at 320 S. Canal Street has received the rest of its structural steel. BMO Tower, developed by Riverside Investment & Development, aligns with BMOs Zero Barriers to Inclusion 2025 strategy by supporting and enabling all employees to do their best work. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. Designed by award-winning architect Goettsch Partners, 320 South Canal features market leading health and wellness design, excellent light and air with views of Lake Michigan, along with the largest outdoor park in the West Loop. Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago.Goettsch is serving as the architect for the project, developed by Riverside Investment & Development and Convexity Properties and anchored by Montreal-based BMO Financial Group.. The market will supply canned wine (sorry, glass isnt allowed outside) and charcuterie boards so customers could enjoy the outdoor space. BMO Harris Bank N.A. The ground floor will contain a BMO Harris bank . Venue: 320 S. Canal Sreet, Chicago. Both were to move there in early 2020. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. CHICAGO, June 24, 2022 /PRNewswire/ - BMO Financial Group today celebrated the grand opening of BMO Tower, Chicago, BMO's new U.S. Headquarters. Chicago > bmo tower; bmo tower. PHONE: 872-289-2300. The Samsung venture took out the loan in 2015 to finance its nearly $315 million acquisition of the BMO properties, according to Cook County property records. The 1.3 million-square-foot tower at 135 S. LaSalle St., immediately south of BMO, is mostly vacant after Bank of America vacated for its own namesake tower on Wacker Drive, and owner AmTrust . BMO Tower, developed by Riverside Investment & Development, aligns with BMO's Zero Barriers to Inclusion 2025 strategy by supporting and enabling all employees to do their best work. The vertical campus in the heart of the CBD redefines the office experience and offers an unrivaled business experience. BMO Harris Premier Services represents a combined service approach of BMO Harris Financial Advisors and BMO Harris Bank, each a part of BMO Financial Group. 771 N Broadway St. Juneau Town. Credit: Goettsch Partners. BMO Tower. Member FDIC. Reprints. CHICAGO,June 24, 2022/CNW/ - BMO Financial Group today celebrated the grand opening of BMO Tower,Chicago, BMO's new U.S. Headquarters. (member FDIC), Bank of Montreal Europe p.l.c, and Bank of Montreal (China) Co. Ltd, the institutional broker dealer business of BMO Capital Markets Corp. (Member FINRA and SIPC) and the agency broker dealer business of Clearpool Execution Services, LLC (Member FINRA and SIPC) in the U.S., and the institutional broker dealer businesses of BMO Nesbitt Burns Inc. (Member Investment Industry Regulatory Organization of Canada and Member Canadian Investor Protection Fund) in Canada and Asia, Bank of Montreal Europe p.l.c. Get Directions. In this way, the park becomes an integral part of the building, and the building serves as an extension of the park. BMO Tower will stand as a testament to our citys thriving corporate amenities and bustling downtown area. The program consists of 1.5 million square feet of Class A office space and associated amenities, including two levels of underground parking. BMO Capital Markets is a trade name used by BMO Financial Group for the wholesale banking businesses of Bank of Montreal, BMO Harris Bank N.A. Fresh pasta will be on the plate and eventually for sale for the homecook on the market side, and Dawsons experience at Tortello, the pasta restaurant in Wicker Park, will come in handy. The state-of-the-art, 50-story building is located . 320 South Canal, also known as the BMO Tower, is a new 50-story commercial office building adjacent to Union Station in Chicago. The Applicant acknowledges and agrees that the rezoning ofthe Property from the DX-7 Downtown Mixed-Use District to the DX-12 Downtown Mi.\ed-Use District and then to this Planned Development (PD) triggers the requirements of Section 2-45-115 of the Municipal Code of Chicago Serving customers for 200 years and counting, BMO is a highly diversified financial servicesprovider - the 8th largest bank, by assets, inNorth America. BMO Tower/Goettsch Partners. BMO Tower. BMO Tower includes a state-of-the-art fitness center and a 1.5-acre green space. The state-of-the-art, 50-story building is located at 320 S Canal St., in Chicagos West Loop Gate neighborhood. June 24, 2022 2:33 PM. The connected 37- and 23-story towers along Monroe Street, between LaSalle and Clark streets, are home to the Chicago offices of BMO Harris as well as law firm Chapman & Cutler, which occupy around 900,000 square feet combined in the properties but are relocating to the recently completed BMO Tower next to Union Station. This information is not intended to be tax or legal advice. "BMO Tower will stand as a testament to our city's thriving corporate amenities and bustling downtown area. Designed by Goettsch Partners and developed by Riverside Investment & Development along with Convexity Properties, the 1.5 million-square-foot development is located at 320 S Canal Street, on a full-block site directly south of the 1925 Union Station headhouse. Mayor Lightfoot stated that BMO is investing $10 million to the city's Invest South/West initiative through the United Way of Metro Chicago. Missing Crain's in print? The lease with Baker Tilly follows other recent announcements to bring new companies to BMO Tower . Please review the privacy and security policies of web sites reached through links from BMO Harris web sites. Please enter a valid email and try again. Slowly, workers are filling their BMO offices. Bank of Montreal Financial Group officials said their new 50-story BMO Tower at 320 S. Canal St. in Chicago is officially open. "BMO Tower represents a major investment by BMO inChicago," saidDavid Casper, U.S. CEO, BMO Financial Group. Workers are putting the finishing touches on downtown's 50-story BMO Tower (also known as Union Station Tower) ahead of the Class A building's anticipated January 2022 opening. Branch details for you local BMO Harris Branch in Chicago, IL. Integral part of the building, 314 S. Canal St., in Chicagos West Loop Gate neighborhood Partners and by... Lease with Baker Tilly follows other recent announcements to bring new companies to Tower. 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