CMK, Lendlease Break Ground On Its Massive South Loop Development
CMK broke ground yesterday on Riverline, its massive multifamily development along the Chicago River that will transform the South Loop yet again.
Riverline Phase 1 features two high-rises with views facing downtown and the river. A 29-story, 420-unit rental tower dubbed Ancora will include 24 townhomes and skyhomes on the first five floors, and apartment units on the 7th to 29th floors. Current, an 18-story, 251-unit condominium building, will include 28 townhomes and skyhomes on the first five floors and condos on the 7th to 18th floors.
The CMK/Lendlease JV bought 8.8 acres between River City and Roosevelt Road in March 2015, followed by another 7.3 acres between Harrison Street and River City three months later. Phase 1 also includes a 3.5-acre riverfront park. When completed, Riverline will have a half-mile of uninterrupted riverwalk for residents and neighbors to enjoy.