1000M

1000M is Chicago’s Second Tallest Construction Project

7:45 am on December 30, 2022 By Jack Crawford

In second place in Chicago’s year-end countdown is 1000M, a 74-story residential skyscraper in South Loop. The 788-foot-tall tower is now rapidly ascending and beginning to leave its mark on the south end of the Chicago skyline. The joint project between JK Equities, Time Equities, and Oak Capitals promises to consist of a total of 738 rental units located at 1000 S Michigan Avenue.

1000M Reaches Main Tower Portion in South Loop

7:45 am on October 19, 2022 By Jack Crawford

Now that the slanted cantilever section above the podium is complete, structural work has begun on the main tower component for the 73-story 1000M residential building at 1000 S Michigan Avenue in South Loop. The developer team of JK Equities, Time Equities, and Oak Capitals have planned for 738 rental units in this most recent building iteration. As Chicago’s second tallest active construction project (behind the 850-foot-tall Salesforce Tower), the skyscraper will stand 788 feet upon completion.

Facade Work Begins for 1000M Apartments in South Loop

7:45 am on September 5, 2022 By Jack Crawford

Curtain wall glazing has begun installation for the 73-story 1000M apartment tower at 1000 S Michigan Avenue in South Loop. Developer trio JK Equities, Time Equities, and Oak Capitals have planned for a total of 738 rental units in this most recent iteration, which will stand 788 feet upon its completion.

Podium Tops out for 1000M in South Loop

7:45 am on July 5, 2022 By Jack Crawford

Superstructure work has now surpassed the top of the podium for 1000M, a 73-story residential apartment tower rising at 1000 S Michigan Avenue in South Loop. The 788-foot tower is currently the city’s second tallest active construction project, surpassed only by the 850-foot Salesforce Tower in River North. Developed in partnership between JK Equities, Time Equities, and Oak Capitals, plans have pivoted from 506 condominiums to 738 rentals after an initial construction hiatus. In late 2021 following this two-year pause, the developers received a $304.5 million loan from Goldman Sachs and Deutsche Bank for work to resume. The design by the late Helmut Jahn has shifted only slightly with a small height reduction.

1000M Continues Ascent in South Loop

7:45 am on May 4, 2022 By Jack Crawford

As concrete and steel continue to rise, the podium is now taking shape for a planned 73-story residential tower known as 1000M, located at 1000 S Michigan Avenue in South Loop. At a revised height of 788 feet, the skyscraper is currently one of Chicago’s tallest active construction projects, helping to expand city’s skyline further south. After a 20-month stall, developer trio JK Equities, Time Equities, and Oak Capitals have updated their condominium plans to 738 rental units, ranging in size from studios up through three-bedrooms.

Core Rises for 1000M Tower in South Loop

7:45 am on March 12, 2022 By Jack Crawford

This week, YIMBY stopped by the rising core at 1000M, currently Chicago’s fourth tallest construction project. Located at 1000 S Michigan Avenue just across from Grant Park, this 788-foot-tall, 73-story residential tower is set to house a total of 738 rental units. The developer trio of JK Equities, Time Equities, and Oak Capitals had originally planned 506 condominiums, but ultimately pivoted due to the city’s booming apartment market. The skyscraper resumed construction following a nearly two-year hiatus and a $304.5 million loan from Goldman Sachs and Deutsche Bank.

Updated Renderings for 1000M. Renderings by JAHN

Full Building Permit Issued for 1000M Tower in South Loop

7:00 am on February 10, 2022 By Bee Ricketts

The full building permit has finally been issued for 1000 S Michigan Avenue. As previously reported, the building will be a 73-story residential development, known affectionately as ‘1000M‘, and is being developed by Time Equities and JK Equities in South Loop. The building itself was designed by the late Helmut Jahn and plans indicate 738 total dwelling units, along with 320 on-site parking spaces. The units will be split into four tiers of design and will vary in size and amenities as the floors ascend. Future residents will have access to nearly 75,000 square feet of indoor and outdoor space.

1000M Tower Gears Up to Rise in South Loop

7:45 am on January 27, 2022 By Jack Crawford

Over this past weekend near the northern edge of South Loop, an army of concrete trucks could be seen pouring the foundation of Chicago’s fourth tallest construction project. Known as 1000M after its 1000 S Michigan Avenue address, this 73-story residential skyscraper will rise 805 feet and house 738 rental apartment units.

Work Resumes On 1000M , Countdown’s Fourth Tallest Development

7:45 am on December 28, 2021 By Ian Achong

Resuming into the fourth spot of the 2021 Chicago YIMBY’s year-end countdown is 1000 S Michigan Avenue otherwise known as 1000M in the South Loop. Topping out at a revised 805 feet tall, the tower is designed by prolific architect Helmut Jahn whose work includes the Thompson Center and passed away earlier this year in the suburbs. Developers Time Equities and JK Equities partnered on the skyscraper which recently secured financing to resume construction after stopping work early in the pandemic.

Construction Permit Issued for Revised 1000M Tower in South Loop

7:45 am on October 22, 2021 By Jack Crawford

A revised construction permit has been issued for 1000 S Michigan Avenue, the site of a 73-story residential tower that is now ready to resume construction. The development known as ‘1000M‘ is being developed by Time Equities and JK Equities in South Loop. Meanwhile, the building itself was designed by the late Helmet Jahn, which upon completion will be his tallest addition to the city (not accounting for a possible tower addition to Thompson Center).

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