City Breaks Ground on New BMO Tower

Lawndale News Chicago's Bilingual Newspaper - Business

Lawndale News Chicago's Bilingual Newspaper - Business

Mayor Lori E. Lightfoot joined BMO Financial Group and Riverside Investment & Development at the groundbreaking of the new BMO Tower, located at 320 S. Canal St. The future tower, which will open in 2022, will be 50 stories in height with over 1.4 million square feet of office space, taking its place as one of the tallest new office towers in the City, and adding to the beauty of Chicago’s skyline.  BMO Tower will serve as the company’s US headquarters. The transformational new office space is being designed to reflect the future of BMO, one that provides an exciting, vibrant environment for BMO customers to conduct their banking, and for BMO employees to work. Riverside Investment & Development and Convexity Properties are developing the property that will include a 400-stall parking lot, a BMO branch bank on the ground floor and 1.5-acre park adjacent to the tower.   To learn more about the initiative or sign up for email updates, visit www.chicago.gov/investSW.

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