Construction Update
South Loop’s Southbank Development Gets Its First Residents

Southbank, the northern portion of what used to be the Riverline development south of Roosevelt Road, has its first people living in its first residential tower.  People have started moving into The Cooper (720 South Wells Street), a 29-story building that is the first of five planned for this project.

Rendering of The Cooper (Courtesy of Lendlease)

Rendering of The Cooper (Courtesy of Lendlease)

The Perkins+Will-designed building brings 452 new homes to the South Loop, in one of three new projects hugging the Chicago River.

Studios start at $1,710.  Convertibles, one-bedroom, and two-bedroom apartments are also available.  There are also six penthouses on the top floor, which start at $4,646 a month for 1,124 square feet.

If you’re looking for a little more space, there are two-story townhouses at the base of the tower ranging from 1,269 to 1,938 square feet.  Those won’t be available until January, so you have a little time to save up the minimum $4,806 you’ll need to make one of them your crib.

Lendlease’s choice to add townhouses around the base of the skyscraper is a nice touch that makes the area seem more neighborhoody, and less like a vertical people warehouse.  We saw this way back when Aqua went up in Lakeshore East, and it’s slowly becoming a popular feature, especially in places with adjacent open space.

In this case, that open space is the Southbank Park — a two acre space that should be ready for picnics. Frisbee, and impromptu croquet matches in 2019.

Southbank Park will also provide access to a new section of the Chicago Riverwalk, with both a water taxi station, and a kayak launch.

The Cooper comes with all of the usual amenities you expect from a new apartment building in Chicago in 2018.  And it also has a few standout features, like a common pizza oven, shop space with arts and crafts supplies, and a music lounge stocked with instruments.  No more Guitar Hero on the Playstation.  This time it’s for real.



Location: 720 South Wells Street, South Loop

Author: Editor

Editor founded the Chicago Architecture Blog in 2003, after a long career in journalism. He can be reached at

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