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, is expected to increase its initial offering from 506 condominium units to 738 rental apartments to meet demand. The project, as of yesterday, has released its updated marketing campaign on its official website.
A demolition permit has been approved for a two-story masonry multi-unit building and a detached frame garage at 1218 W Cornelia Avenue in Lake View. The structure is a pale masonry residential building, whose owner is 1218 W Cornelia LLC and whose planned replacement currently remains unknown.
South Loop is poised for another step in its southward density push following City Council approval of a new two-building affordable residential development.
A construction permit has been issued for a new residential development at 4228 S Langley Avenue in Bronzeville. The project entails a three-story, three-unit masonry building. The building’s design incorporates open rear steel decks, an egress stair, a concrete patio, and a three-vehicle private masonry garage. The project will occupy what was previously an empty lot, with ownership under Jack Properties LLC.
Final landscaping and metalwork are in progress at 1400 S Wabash Avenue. The 30-story, 350-foot tower, developed by Lendlease, will provide 299 rental units and ground-floor retail space to the South Loop neighborhood.
