The parapet topping the new 1000M apartment tower has been installed, bringing the development to its pinnacle height of 805 feet. The completion of this capping structure now offers a final glimpse of the skyscraper’s design and its impact on the South Loop skyline. This 74-story development at 1000 S Michigan Avenue will house 738 total apartments, a pivot from the originally planned 506 condominiums. Time Equities, Inc., JK Equities, and Oak Capitals are operating as co-developers.
Jahn/ is behind the curvilinear glass and metal design, which complements the rectilinear NEMA (designed by Rafael Viñoly Architects) to the southeast. The massing of the tower portion tapers outward as it rises, while sitting atop a base that slants outward.
Units range from studios up to four-bedroom penthouses, with interiors outfitted with Kara Mann design. There will be 80,000 square feet of indoor and outdoor amenity areas, which include a pool, a sundeck, a library, a music conservatory, a 24-hour fitness center, a yoga studio, virtual golf, and the city’s highest rooftop observation deck.
Parking will include 325 spaces and 356 bike spaces. Transit in the area includes the Orange, Green, and Red Lines at Roosevelt station within a five-minute walk, along with Metra service and bus service for Routes 1, 3, 4, 12, 18, 29, 62, 146, and 192.
James McHugh Construction Co. is serving as the general contractor behind the $470 million project, with leasing expected to start early next year.
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Now this is exciting
The most exciting part about this building is… its height.
This will be Chicago last building over 500 ft built for at least a decade.
I very much doubt this sentiment. Will it be the last until this recession/slow slope of development we’re seeing comes to an end? Probably.
But to go as far to say for the next TEN years, we won’t see even A high-rise in Chicago 501 feet is a little bit pessimistic. I would agree from a different angle that the City has been slow and lackluster in approving or pushing for taller development since Rahm’s days.
But there are TONS of development out there that’s already approved of or waiting for approval from the city that’s over 500ft. And most of those only need financing to kickoff. Interest rates are high, and getting loans for projects like these are tough to get with the Fed’s rates and Banks being pickier about who they give their loans out to.
Once we’re out of this slope of an economy and back in the green, I am very optimistic we could see another 800=900+ ft proposed/built in Chicago 🙂
This is the new normal. Interest rates are not going down anytime soon.plus city leadership and a good chunk of residents are hostile to development. Without these supports, Chicago skyline will stagnate.
This city used to have no fear of pushing heights…now with alderman like Reily at the reign we seem to not be going in the direction of shying away from tall buildings (600ft plus range) …Granted we get a big one every now and then…but we wont get a Toronto/NYC type of boom where the average building going up is 50 plus stories… we seem to be in that 35 story range as our comfort zone unfortanlty
Chicago needs a supertall more that 1,500 feet high yes we can chicago is the city that invented supertall Skyscrapers let’s bring back that Reign 900 footer in Fulton Market LETS GO
unfortunately this building typifies everything bad about Helmut Jahn’s later work. It is ungainly, doesn’t fit the landscape and flies in the face of contemporary urban lifestyle thinking… let’s hope the next generation of architects takes after Studio Gang’s subtler, more beautiful approach.