JAHN

1000M Begins to Rise Above South Loop Skyline

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.1000M

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1000M is Chicago’s Second Tallest Construction Project

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.

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1000M Reaches Main Tower Portion in South Loop

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.

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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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