CHICAGO | BMO Tower | 727 FT | 50 FLOORS

[Clarkkent2420]

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[Chisouthside]

in terms of having empty lot or parking lot where you dont need to tear down any existing buildings.

Originally Posted by Clarkkent2420

What do you mean? The 130 N Franklin site location is terrible by comparison to recent developments.

[The Pimp]

I like the park. Otherwise, this is boring.

[Skyguy_7]

It would be GREAT if they could carry the X-bracing at the plaza throughout the tower. Like Hearst, Hancock, 3WTC. Even if it was just through only the center X, from top to bottom. Would take this design from a 5 to a 9/10

[left of center]

Why are they keeping the park as part of the design? Seems like a waste of space. Its next to a busy bus station, it doesn't seem likely that people will find much peace listening to all the bus engines, squeaky brakes and inhaling all the diesel fumes.

Originally Posted by Skyguy_7

It would be GREAT if they could carry the X-bracing at the plaza throughout the tower. Like Hearst, Hancock, 3WTC. Even if it was just through only the center X, from top to bottom. Would take this design from a 5 to a 9/10

Yes! Something like that would definitely jazz up the design.

[r18tdi]

Originally Posted by left of center

Why are they keeping the park as part of the design?

Reilly. Tacking suboptimal quasi-public open space onto projects is his thing.

[Notyrview]

Originally Posted by r18tdi

Reilly. Tacking suboptimal quasi-public open space onto projects is his thing.

Well, I guess that's one good thing about him.

[The Lurker]

Good news for those who prefered the 3-tier design of 110 N. Wacker, we might be getting it after all. God damn. 2019 Could be another big year for construction starts.

[Notyrview]

—-

[Kumdogmillionaire]

Originally Posted by The Lurker

Good news for those who prefered the 3-tier design of 110 N. Wacker, we might be getting it after all. God damn. 2019 Could be another big year for construction starts.

Haha, I want guess I can't complain about it when I look at it that way. I loved the three tier design. I'm wondering if the park will eventually turn into another tower down the line. The first plan for this site had that block with two large office towers and a revamped bus depot

[lakeshoredrive]

So disappointed. I hope the design will be refined some more.

[the urban politician]

^ We don’t know if this will be new jobs yet, do we?

[chicubs111]

From Tribune... still not 100% of if there new or relocated from other buildings but recent article seems to assume that it could be moves possibly ...

"BMO Harris currently leases more than 800,000 square feet combined in three downtown buildings — at 115 S. LaSalle St., 111 W. Monroe St. and 200 W. Adams St. Some or all of those workers could be consolidated into the new Union Station space."

http://www.chicagotribune.com/busine...910-story.html

[marothisu]

Originally Posted by chicubs111

From Tribune... still not 100% of if there new or relocated from other buildings but recent article seems to assume that it could be moves possibly ...

"BMO Harris currently leases more than 800,000 square feet combined in three downtown buildings — at 115 S. LaSalle St., 111 W. Monroe St. and 200 W. Adams St. Some or all of those workers could be consolidated into the new Union Station space."

http://www.chicagotribune.com/busine...910-story.html

500,000 sq ft is a lot of space - probably anywhere between 3500 and 4000 employees if not more. I can't tell what's what. The Sun Times article says they would bring thousands of new jobs to the city. Does BMO have corporate locations in the suburbs they are looking at consolidating?

I think perhaps some of these articles are confusing BMO Harris with BMO. BMO (Bank of Montreal) has divisions like BMO Capital Markets, BMO Wealth Management, BMO Asset Management, etc. These are all in Chicago as well - and not necessarily "BMO Harris". They are part of Bank of Montreal, the parent of BMO Harris.

BMO is a $16.5B USD company - they could go on a big hiring spree I guess, but I would be really surprised if they wouldn't move some of their other people to this building. They could hire a few thousand people but I somehow doubt 90% of their space in this building would be new hires. But hey, even at 50% that would be a few thousand people.

Kind of confusing though to determine how many people they are looking to hire, if any.

[RedCorsair87]

There still remains some work to do on the design said a source close to this project.

X-Bracing carried up the tower would be awesome. While we are wish-listing, I would like to see this bump to 800Ft.

[tjp]

Originally Posted by marothisu

500,000 sq ft is a lot of space - probably anywhere between 3500 and 4000 employees if not more. I can't tell what's what. The Sun Times article says they would bring thousands of new jobs to the city. Does BMO have corporate locations in the suburbs they are looking at consolidating?

They do have a large operations center in Naperville... Banks are so cheap, though, and I'd be surprised if they were planning to move those employees to more expensive space downtown.

[marothisu]

Originally Posted by tjp

They do have a large operations center in Naperville... Banks are so cheap, though, and I'd be surprised if they were planning to move those employees to more expensive space downtown.

Depends on the bank. There have been some banks lately to actually spend more on office space. I know from first hand experience on this.

[BVictor1]

BORING

COPY, CUT, PASTE, REPEAT...!

[tjp]

Originally Posted by marothisu

Depends on the bank. There have been some banks lately to actually spend more on office space. I know from first hand experience on this.

That's true.

I can imagine them moving their "front office" jobs to the new building and maintaining some space at the existing complex at Monroe / LaSalle for operations, including jobs coming in from the suburbs, which would align with the claim in the Sun-Times that this will result in new jobs for the city. The building on Monroe is Harris Bank's original home and literally has its name and logo in stone on front, so they could want to maintain a presence there.

[Mikemak27]

BMO Harris has an operations center out in naperville. They could consolidate those jobs into this new tower as well. So technically, it is an addition of jobs to the city itself, just not the metropolitan area.