South Loop tower scales back condos, adds apartments
South Loop tower scales back condos, adds apartments Initially planned to be all for-sale units, the 41-story building will instead be more than half rentals. A rendering of the Reed, center. A 41-story South Loop tower that was to be all condos now is slated to be more than half apartments. The Reed, scheduled to break ground in the spring, will have 216 condos on its upper floors and 244 apartments below them, according to Ted Weldon, executive general manager of development for the Chicago office of Lendlease, the firm developing the tower at 234 W. Polk St., at the edge of the South Bra...