1000M, a 74-story residential skyscraper at 1000 S Michigan Avenue in South Loop, is now approaching the 620-foot roofline of the nearby Sentral Chicago Avenue. Set to rise 805 feet to its pinnacle and 789 feet to its roofline, the tower is a joint venture by JK Equities, Time Equities, and Oak Capitals. The building will house 738 rental apartments, a pivot from the initially planned 506 condominium units.
Construction permits have been issued for the renovation and alteration of a three-story residential building located at 6727 S East End Avenue in the South Shore neighborhood. Owned by South Shore IL Preservation LP, the existing building currently houses 25 residential units. The renovation will involve a level one alteration with no structural changes to the building.
A new Homewood Suites by Hilton Hotel and Conference Center is set to open in downtown Skokie, after Chicago-based E&M Strategic Development completed construction and topped out the project. The hotel, which is expected to be a major draw for business and leisure travelers, will have 143 rooms, as well as 10,000 square feet of indoor meeting space, 5,000 square feet of outdoor meeting space, a rooftop bar, and 13,000 square feet of ground-floor retail.
The Committee on Design is currently in the process of reviewing a new mixed-use development at 1300 W Lake Street, situated at the intersection of W Lake Street and N Elizabeth Street in Fulton Market. The proposed 46-story tower will be designed by bKL Architecture, and rise to a height of 530 feet.
With foundation work beginning late last year, construction is progressing rapidly for a collection of nine single family residences at 5338-56 W Argyle Avenue at the corner of W Argyle Street and N Long Avenue in Jefferson Park. Developed by MK Construction & Builders and designed by Beata Klak, each of the homes will stand three stories and occupy 3,200 square feet. Each is expected to sell for $800,000.
