News

Worries about COVID-19 spreading through the vents send Chicago building owners in search of cleaner air. ‘You can’t put a force field around your property.’

As seen Chicago Tribune There’s an invisible obstacle to reviving Chicago’s economy from the coronavirus pandemic. Potential transmission of the virus through air conditioning and heating systems is the latest issue employers and building owners are focusing on as they prepare for more people to head back to office towers and other non-residential buildings, whether   Continue Reading

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Riverside Press Release: 1900 Lawrence

Article Summary: 1900 Lawrence project will deliver building infrastructure designed to maximize occupant health and comfort, creating a new standard for indoor environment for the Denver office market. Press Release: In conjunction with advancement of the zoning process for the 1900 Lawrence office development, Riverside Investment & Development is announcing deployment of a state-of-the-art infrastructure   Continue Reading

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Real property tax relief must come from Springfield

As seen Crain’s Chicago Business A body blow to north suburban commercial landlords, the property tax bills now landing in mailboxes should be a wake-up call to Gov. J.B. Pritzker and state legislators. My colleague Alby Gallun reports that commercial and industrial property tax bills in northern Cook County rose 15.8 percent on average, an alarming figure underscoring the   Continue Reading

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Three Chicago firms unite to launch innovative indoor air quality program

As seen REjournals ESD, Cohesion and Riverside Investment & Development are deploying a state-of-the-art indoor air quality (IAQ) program this summer. The first building to host the program will be Chicago’s 150 North Riverside. This collaborative program will deliver enhanced levels of safety, comfort and assurance to occupants as they return to the building amid   Continue Reading

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Shannon Rovers at 150 North Riverside

Group photo of Riverside Investment & Development and the Shannon Rovers Irish Pipe Band, who stopped by the 150 North Riverside lobby in honor of St. Patrick’s Day.

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Developer behind Chicago skyscrapers proposes 30-story office project in Denver

As seen BusinessDen Chicago-based Riverside Investment & Developments, whose Windy City projects include the 54-story office tower 150 North Riverside and 55-story Bank of America Tower, submitted an early-stage development proposal to the city of Denver last week. The project concept, a precursor to a more detailed site-development plan, proposes a 30- or 32-story office building   Continue Reading

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Riverside Investment & Development Team Celebrates 320 South Canal Groundbreaking

The Riverside Investment & Development team celebrates the 320 South Canal Groundbreaking event on Friday December 20th. The 50-story tower is an iconic new Class A office property developed through a partnership between Riverside Investment & Development and Convexity Properties. Located directly south of the 1925 Union Station headhouse building, the 2.2-acre full-block site is   Continue Reading

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BMO Tower officially breaks ground in Chicago

As seen Rejournals Goettsch Partners celebrated the groundbreaking today for Union Station Tower, also known as BMO Tower, a new 50-story office building in Chicago. Goettsch is serving as the architect for the project, developed by Riverside Investment & Development and Convexity Properties and anchored by Montreal-based BMO Financial Group. The tower and new public space are part of the larger   Continue Reading

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Riverside Investment and Development Announces Chapman and Cutler LLP signs lease at 320 South Canal Street

National Law Firm Becomes Second Tenant to Join Class A, Trophy Office Building; Signing Further Strengthens Momentum Around Highly-Anticipated Union Station Redevelopment Project CHICAGO (December 18, 2019) – Riverside Investment and Development Company and Convexity Properties announced today national law firm Chapman and Cutler LLP has signed a 100,000 square feet lease to become the   Continue Reading

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50-story office tower to begin construction next to Union Station after getting $476 million loan

As seen Chicago Tribune Work is set to begin this month on a 1.5 million-square-foot office tower alongside Union Station, after the developers landed a $476 million construction loan. BMO Tower will be under construction once demolition of a parking garage is completed on the site at 320 S. Canal St., said John O’Donnell, CEO   Continue Reading

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