The BMO Tower, also known as 320 South Canal, is a 51-story, skyscraper in the
West Loop
The Near West Side, one of the 77 community areas of Chicago, is on the West Side, west of the Chicago River and adjacent to the Loop. The Great Chicago Fire of 1871 started on the Near West Side. Waves of immigration shaped the history of t ...
neighborhood of
Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...
,
Illinois
Illinois ( ) is a U.S. state, state in the Midwestern United States, Midwestern United States. It borders on Lake Michigan to its northeast, the Mississippi River to its west, and the Wabash River, Wabash and Ohio River, Ohio rivers to its ...
, and sits directly south of the
Union Station
A union station, union terminal, joint station, or joint-use station is a railway station at which the tracks and facilities are shared by two or more separate railway company, railway companies, allowing passengers to connect conveniently bet ...
rail terminal.
When completed, it became the
24th-tallest building in Chicago, and the tallest to the west of Canal Street.
The building, designed by Goettsch Partners and consulted by Magnusson Klemencic Associates, added of office space to the city.
The project is managed by Convexity Properties and Riverside Investment and Development. The building serves as the headquarters for
BMO Bank
BMO Bank, N.A. (colloquially BMO; ) is a U.S. national bank headquartered in Chicago, Illinois. It is a subsidiary of the Canadian multinational investment bank and financial services company Bank of Montreal, which owns it through the holding ...
, the U.S. commercial banking subsidiary of the
Bank of Montreal
The Bank of Montreal (, ), abbreviated as BMO (pronounced ), is a Canadian multinational Investment banking, investment bank and financial services company.
The bank was founded in Montreal, Quebec, in 1817 as Montreal Bank, making it Canada ...
, and was opened in Spring 2022.
Development and construction
Prior to construction, the site was the location of an
Amtrak
The National Railroad Passenger Corporation, Trade name, doing business as Amtrak (; ), is the national Passenger train, passenger railroad company of the United States. It operates intercity rail service in 46 of the 48 contiguous United Stat ...
-owned parking lot. Plans for the development were announced in early 2019, and construction began later that year in December.
The designs for the tower included terraced setbacks and V-shaped structural frames.
Plans also called for a 1.5-acre public park, and a renovation of the upper floors of the Union Station into a 400-room hotel.
In August 2020, the structure began vertical construction.
In April 2021, the final beam of the structure was laid at a ceremony attended by Chicago Mayor
Lori Lightfoot
Lori Elaine Lightfoot (born August 4, 1962) is an American politician and attorney who was the mayor of Chicago#List of mayors, 56th mayor of Chicago from 2019 until 2023. A member of the Democratic Party (United States), Democratic Party, she ...
.
See also
*
List of tallest buildings in Chicago
Chicago, the List of United States cities by population, third-largest city in the United States, is home to 1,397 completed high-rises, 56 of which stand taller than . The tallest building in the city is the 110-Storey, story Willi ...
References
Skyscraper office buildings in Chicago
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