South Loop’s new 73-story residential skyscraper, 1000M, is progressing toward its final 805-foot height at 1000 S Michigan Avenue. The building, a collaboration between JK Equities, Time Equities, and Oak Capitals, has pivoted from initially offering from 506 condominium units to now renting 738 apartments. The project, as of yesterday, has released its updated marketing campaign on its official website.
The cylindrical design of the building expands towards the top and is supported by a cantilevering south-facing podium, the work of the late architect Helmut Jahn and his recently rebranded firm, Jahn/. The design combines a glass curtain wall with metallic paneling and accents, decorating both the tower and podium.
Of the 738 units planned, 23 are designated as affordable housing. The diverse floor plan includes studios, one-, two-, and three-bedroom apartments, with the uppermost levels hosting rentable penthouse units. The interiors of these apartments, as well as the amenity areas, are designed by Chicago-based interior designer Kara Mann.
The building reserves 80,000 square feet for resident amenities, including indoor and outdoor swimming pools, a virtual golf game room, lounges, a fitness center, and a skydeck bar and lounge on the 73rd floor. Its base houses a porte-cochere and a garage with 320 parking spaces.
Aiming at LEED certification, the tower uses materials sourced within a 500-mile radius with a high recycled content, minimizing waste, and reducing landfill contribution. The building’s green features include a green roof and rainwater storage tanks to manage heavy rainstorms without stressing the city’s sewer system, with the added benefit of mitigating the urban heat island effect.
Residents will have access to a variety of public transit options. Bus stops and the CTA L Green, Orange, and Red Lines are within a short walk, and the Loop’s center, offering access to other lines, is nearby. The nearest Metra service is available at the Museum Campus/11th St. station.
Prospective residents can now join the pre-leasing priority list, with the first units expected to be ready by spring 2024. Lincoln Property Company will handle the leasing and management for 1000M. Goldman Sachs and Deutsche Bank have provided the financing, while McHugh Construction has served as the general contractor.