Phase 1 Of CMK's Riverline Is Underway

A rendering of Riverline, the massive multifamily development from CMK and Lendlease in Chicago's South Loop.
Perkins+Will/CMK

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.

A rendering of Riverline, the massive multifamily development from CMK and Lendlease in Chicago's South Loop.
Perkins+Will/CMK

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.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Apartment Rent Declines Slowing, Demand Rising As Renter Pool Expands

High-Profile CBRE Chicago Exits Continue As 3 More Leave For Cushman & Wakefield

2 San Jose Multifamily Towers Change Hands For Combined $380M

Russell Galbut Axes 3 Miami Beach Live Local Act Projects

Chicago Office Tower Sells For $550M To Zara Founder In Blockbuster Deal

Phoenix Apartment Concessions Are Luring Students Away From Campus Housing

Tire Titan Acquires 2M SF Illinois Distribution Facility In Deal For Its Decadelong Home

Logistics Property Co. Acquires 716K SF Industrial Property: The Chicago Deal Sheet

JLL Nabs Brokerage Team With Over 75 Years Combined At Rival CBRE

Receiver Appointed For X Denver Apartment Building Near Coors Field

Social Housing Providers Turn To Bond Markets To Fund Expansions

Revere Beach Apartments Sell For $77M