Friedman Properties has announced it completed reconstruction of the riverwalk at the Reid Murdoch Building in Chicago’s River North neighborhood. Together with renovations at River Roast, the forthcoming opening of The Carlyle Club and prior ground-level improvements and activations, the updates represent approximately $15 million in recent investment at the landmark property.

Reid Murdoch Building ExteriorFriedman Properties

Originally constructed in 1914, the Reid Murdoch Building long served as the office, warehouse and manufacturing facilities for Reid, Murdoch & Co., one of the country’s largest wholesale grocers. The building hosted traffic courts and other municipal offices for decades, following the city of Chicago’s purchase of the property in 1955.

Reid Murdoch Building - RiverwalkFriedman Properties

The Reid Murdoch Building features a 300-foot riverwalk connecting Clark Street to LaSalle Drive. Friedman Properties’ latest renovation nearly doubled the width of the previous riverwalk and introduced a series of 10-foot-tall double doors in the south elevation, creating new opportunities for outdoor dining and improving pedestrian circulation. The work also included new precast piers, railings, lighting, integrated planters and improved access from the river level for visitors arriving by boat.

Reid Murdoch Building - River RoastLevy Restaurants

Coinciding with the redevelopment of the riverwalk, operator Levy Restaurants has completed renovations of River Roast, the 28,000-square-foot riverfront venue located in the Reid Murdoch Building. The restaurant’s main event space, which has been rebranded RR Events, now features a new riverside entrance with a curved grand staircase, dual-sided bars and upgraded lighting fixtures, furniture, flooring, tableware and features to improve the guest experience. The renovation also added Corner Roast, a new coffee concept with its own entrance that further diversifies the building’s food and beverage lineup.

Reid Murdoch Building - Carlyle Club PatioGroup LV Hospitality

Friedman Properties also closed a lease with The Carlyle Club, scheduled to open at the Reid Murdoch Building in September. Developed by Group LV Hospitality, The Carlyle Club will feature classic American fare and a curated drink menu. Occupying an 8,200-square-foot space, the restaurant has capacity for over 250 patrons in main and private dining rooms, a sushi bar and a 62-seat cocktail bar.

Reid Murdoch Building - Carlyle Club Dining RoomGroup LV Hospitality

The restaurants are joined at the building by “Theater of the Mind,” an experiential installation co-created by musician and artist David Byrne that debuted in March 2026. Collectively, these offerings reflect a commitment to programming the building and its riverfront in a way that supports the kind of mixed-use, activated neighborhood that draws people to River North to work, live and visit.

Reid Murdoch Building - Carlyle Club BarGroup LV Hospitality

Over the past year, Friedman Properties has completed interior renovations at the Reid Murdoch Building to support office tenants. These include a lobby transformation, 5,388-square-foot speculative office suite and fourth-floor lounge with kitchen, flexible seating areas, conference rooms and a fitness center with locker rooms, showers and towel service.