Southbank Image
Chicago, Illinois, United States


Located on the South Branch of the Chicago River and steps from the city’s downtown, Southbank is a new inclusive and sustainable neighbourhood which when complete, is expected to offer approximately 1,200 apartments and over 100,000sqm of office space across several high-rise towers, all located on over two acres of riverfront public park space. The first of the residential towers ‘The Cooper’ has already been completed and comprises 452 homes for rent. The second tower ‘The Reed’ is currently under construction and will offer a mix of homes for rent and for sale.



Project at a glance


Lendlease with Equity Partner, Aware Super

Chicago, Illinois, United States


Estimated Value
AUD$2 billion total estimated development end value

Investment Management, Development, Construction


As at 31 Dec 2023. Estimated project value, details and completion date reported in Lendlease Full Year Results, 31 Dec 2023. Figures in AUD.

Project outcome

Developed and constructed by Lendlease, Southbank is a new neighborhood development located on the South Branch of the Chicago River.

The Southbank neighborhood will comprise c.1,200 units and over 100,000sqm of office space across several high rise towers surrounding a public park. The Cooper at Southbank has already been completed with 452 new homes

The two-acre park will feature lush landscaping and meandering walkways that lead down to the riverfront, a natural stone amphitheater for small public events and concerts, and a viewing platform showcasing the river and surrounding cityscape. The park will also include a kayak launch and proposed water taxi stop on the southern end of the site, providing the South Loop with a new connection to the city's vibrant downtown.

Southbank Market will feature local retailers such as coffee roasters, local restaurants and temporary pop-up retail creating a vibrant experience for residents and guests. The neighborhood is within walking distance from The Loop, lakefront and several CTA stops, offering easy access to the city's parks, trails and museums.

Southbank, as a brand, is about celebrating artists and designers by showcasing their work within first-class buildings and public spaces for the neighborhood. It will be a neighborhood destination within the South Loop that is reflective of the area's eclectic roots, paying particular attention to the artistic past of nearby Printer's Row.