Posted by Leo Clark. on Wednesday, December 1st, 2021 at 7:46pm.
A new condo and apartment building is beginning to take shape in the South Loop. Construction is progressing on The Reed, which sits along the south branch of the Chicago River.
When finished, The Reed will include more than 200 condos, topping another 200 or so apartments. The podium of the building will house its amenities, some parking and some retail space.
Like some other recently constructed buildings in the area, the Chicago Riverwalk promenade will run underneath part of The Reed. This creates the opportunity for some retail space just adjacent to the Riverwalk.
It also provides some sun and weather cover, as well as the future possibility for outdoor dining. Being right up against the river likely also means at least some protection when it comes to the building’s views.
The luxury condos are expected to be priced starting from the $400,000s. Available condos come in one- to three-bedroom layouts with floor-to-ceiling windows and some units will include private balconies.
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