Molson Coors inks lease deal in BMO Tower as picture brightens for newest West Loop buildings

The move could signal a rise in downtown leasing as more workers return to the office.

The BMO Tower is seen on April 21, 2021, when it was still under construction.

BMO Financial Group agreed to occupy about one-third of the 1.5 million-square-foot, 52-story tower immediately south of Union Station long before it opened last summer, but leasing fell off drastically when COVID-19 shuttered downtown.“Everybody was kicking the can down the road because they didn’t know how much space they would need,” Nieman said. “Now, I feel like things are starting to pick back up.

“We’ve had a hybrid schedule in our corporate offices since October 2021, and our team has the flexibility to work three days a week in the office and two days from home,” he said. “The approach has worked quite well, and we are excited to move into a modern space that allows for strong collaboration, and which offers top-flight amenities.”

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