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On the riverfront, city living converges with nature at The Reed

by Melanie Kalmar


 

 

Live, work and play in natural surroundings at The Reed, a 41-story industrial-chic skyscraper in the Southbank development of Printer’s Row.

Nestled along the water at Harrison and Wells streets, Southbank is an extension of the Loop that connects downtown with neighborhoods farther south and joins the city with the river.

“For the first time, buyers can own a piece of the riverfront lifestyle with a brand-new home at The Reed,” says David Wolf, president and CEO of Wolf Development Strategies. “The tranquility of nature and the buzz of city living converge at Southbank, making The Reed an ideal place to call home.”

Best of both worlds
Stroll along the Chicago Riverwalk, catch a free concert at the outdoor amphitheater or jump on a water taxi to dinner in Chinatown or shopping along Michigan Avenue. At The Reed, it’s all right outside your doorstep. What’s more, Printer’s Row, where you can browse quaint shops and boutiques, dine at fantastic restaurants and shop for everyday essentials, is half a block away. Even more convenient, public transportation, including most CTA lines, as well as Union Station and Ogilvie Transportation Center, are nearby.

With the migration of jobs to the southwest corner of the Loop, along with the redevelopment of the Old Post Office and other newly completed projects, prospective buyers understand that The Reed is a preeminent destination.

Commune with nature
Adjacent to The Reed is Southbank Park — 2 acres of serene recreational space that includes an amphitheater with limestone seating for concerts and community events — and the glorious Chicago Riverwalk. “The Riverwalk is really special, because it feels like you’re somewhere in nature, but you’re in the middle of the city,” Wolf says.

Take a look inside
Designed by renowned architectural firm Perkins & Will, The Reed’s brick exterior and large, loft-style windows pay homage to the industrial heritage of Printer’s Row. LEED Gold-certified, the building features 216 luxury condominiums, priced from $390,000 to just under $2 million. The homes come with one to three bedrooms — larger combination plans are available — and range in size from 625 to 1,659 square feet. Each residence features open floor plans, floor-to-ceiling windows that let in plenty of natural light and custom-finish, nine-foot concrete ceilings. A private outdoor terrace is available with select residences. Best of all, the homes start on the 23rd floor; apartments are below.

“Residents have unparalleled views of the skyline, Lake Michigan, views up the river, The Loop and Southbank Park,” says Christine Lutz, executive vice president of Wolf Development Strategies.

Parking is available for purchase on floors three through seven, and residents can opt for their own electric-car charging station. To keep homes free from clutter, bicycle and general storage is available.

High-end finishes
Every home features wide-plank wood flooring throughout, Bosch stainless steel appliances, Caesarstone quartz countertops, Hansgrohe plumbing fixtures, Kohler undermount sinks and a designer lighting package. Rounding out the high-end look are organized closets, solid-core wood doors and European flat-panel furniture-quality cabinets. Energy-efficient heating and air conditioning are individually controlled and on-demand with a smart thermostat. A must-have, keyless electronic entry prevents residents from ever getting locked out of the house.

Incomparable indoor and outdoor amenities
Within the building are 27,000 square feet of high-end amenities — shared on the eighth floor and exclusive to homeowners on the second floor. “The value proposition is you’re getting unmatched amenities within your property,” says Wolf. “But you’re also getting the natural amenities of Southbank and Southbank Park.”

The second-floor amenity suite opens to Southbank Park, giving residents an opportunity to create their own riverfront dining and entertainment experience without leaving home. Prospective buyers will be in awe of the library, fireplace lounge, separate show kitchen, flexible workspaces and outdoor terrace for taking in views of the park and river.

Moving up to the eighth level, a fantastic pool deck overlooking Southbank Park and the Riverwalk features cabanas, grilling stations, an outdoor kitchen, dining and seating areas and fire pits — all against a backdrop of the city’s skyline. The amenity suite (on the same floor) includes a wet lounge; show kitchen; living lounge room with TVs; pool table and cluster of seating areas that can double as workspaces; virtual sports simulation room; screening room; and indoor/outdoor fitness center with dedicated high-intensity interval training and yoga spaces, as well as cardio and strength training equipment — some of which can be brought outside for open-air workouts.

“With such amazing amenities, we’re still able to keep the HOA in the mid-to-low $0.60 per square foot per month. Other luxury, high-amenity buildings are typically over $1 per square foot per month,” Wolf says.

See for yourself
Help prospective buyers visualize what life would be like at The Reed by visiting the sales gallery, located on the 29th floor of The Cooper, an adjacent residential tower with a bird’s eye view of the site. The sales gallery has a show kitchen, bathroom and scale model. But prospective buyers can get a better look by going on a virtual tour of The Reed’s 22 different floor plans and experiencing every inch of the building, from residences and common areas to the stunning daytime and nighttime views. It’s about as close to the real thing as buyers can get — right down to the virtual boats that sail along the adjacent river.

Ground will be broken in spring/summer of 2021, and homes delivered in summer of 2023. For more information, visit www.wolfdev.com.

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