1000M

Core Rises for 1000M Tower in South Loop

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.

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Updated Renderings for 1000M. Renderings by JAHN

Full Building Permit Issued for 1000M Tower in South Loop

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.

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

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.

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Updated Renderings for 1000M. Renderings by JAHN

Construction Permit Issued for Revised 1000M Tower in South Loop

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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