Building Type

1000M

Podium Tops out for 1000M in South Loop

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.

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View of 1150 W Lake Street. Rendering by Gensler

Demolition Begins for 1150 W Lake Street in Fulton Market

Demolition has begun for 1150 W Lake Street in Fulton Market District, where LG Development Group has planned for a major mixed-use development. Straddling the elevated CTA’s elevated tracks, the two-tower scheme includes an 18-story building at the northern end replacing, as well as a 29-story building the southern end. The shorter edifice will be replacing a formerly vacant lot, while the taller tower will replace multiple single-story masonry buildings that are now being removed.

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311 W Huron Street. Rendering by NORR Architects

311 W Huron Street Receives Full Building Permit in River North

A full construction permit has been issued for 311 W Huron Street, paving the way for a new 15-story mixed-use building in River North. Under development by North Wells Capital, the primarily office high rise will serve as the second phase in the developer’s “Verso” assemblage. Earlier this spring, the market research company Spins signed an anchor tenant lease for 48,000 square feet within the top three office floors.

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