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Chicago & Midwest  + Office  |  December 23, 2019
Paul Bubny
By: Paul Bubny

BMO Headquarters Tower Breaks Ground Near Union Station

Riverside Investment & Development and BMO Financial broke ground Friday on a 50-story tower that will serve as BMO’s U.S. headquarters. Now known as BMO Tower, the 1.4-million-square-foot project across from Union Station is slated to open in 2022.

“It is our aspiration that BMO Tower becomes part of the architectural fabric of Chicago,” said Riverside CEO John O’Donnell. “We are grateful that both BMO and our newest tenant, Chapman and Cutler, have chosen this building for their new headquarters.” Riverside is developing the tower with Convexity Partners.

“This project will activate a prime site that has been largely underutilized next to Chicago’s busiest commuter station,” said James Goettsch, chairman of Goettsch Partners, which is designing the tower. It’s part of a larger redevelopment of Union Station.

Concurrently, BMO pledged $10 million to the Lightfoot administration’s INVEST South/West initiative through the United Way of Metro Chicago.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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