Lendlease Unveils Chicago South Loop Community
- Oct 19, 2018
Lendlease has opened The Cooper at Southbank, the first Chicago community that it fully developed and built. The 29-story residential tower sits on a 7-acre site along the South Branch of the Chicago River, an area where Lendlease is planning to build four other communities.
The property encompasses a mix of 452 studio-, one- and two-bedroom luxury units rentable from $1,710 a month. Perkins + Will provided the architectural services while McGuire Architectural Interiors worked on the design of the three model units that visitors had access to at the beginning of October, when the grand opening party was held.
Chicago’s newest riverfront community
Located at 720 S. Wells St., The Cooper at Southbank includes more than 35,000 square feet of indoor and outdoor amenity space:
- a listening lounge with playable instruments
- shop space with sewing machines and craft supplies
- virtual spots simulation room
- video game lounge
- resident lounge with pool, ping-pong and shuffleboard tables
- fireplace reading room
- styling studio
- club-level fitness center
- co-working rooms
- pool and spa outdoor terrace with sundeck, cabanas, pizza oven and grilling stations
- bocce ball court
The community also features six large penthouses located on the top floor, which will be complete in early 2019, as well as 26 rental townhomes that wrap the base of the tower offering views of the river. The penthouses range from 1,124 to 1,997 square feet and can be rented from $4,646 per month. The rental townhomes come in two- and three-level floor plans ranging between 1,269 and 2,293 square feet and can be rented for $4,806 and $7,404 per month.
Lendlease has also broken ground on Southbank Park, an adjacent 2-acre green space in the Southbank neighborhood. The park will be completed and open to the public in 2019. It will feature Hoerr Schaudt-designed landscape, walkways that lead down to a new riverwalk, a kayak launch and water taxi stop. Last year, the developer also delivered Landmark West Loop, a 30-story tower on Van Buren street.
Image courtesy of Lendlease