JAHN

1000M Continues Ascent in South Loop

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.

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State Signs Sale Of Thompson Center In The Loop

The State of Illinois has officially signed a contract selling the Thompson Center at 100 W Randolph Street in The Loop. The controversial but architecturally significant building located on the corner with N Clark Street will now receive a multi-million dollar renovation that will forever change its appearance and use. The winning bid for the center came from the Prime Group headed by Michael Reschke with JAHN Architects, the firm of the center’s original architect Helmut Jahn, leading the design efforts for the renovation.

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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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