JK Equities

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.

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.

1400 Monroe Reaches Finish Line in West Loop

7:45 am on October 25, 2021 By Jack Crawford

Construction is now complete for a seven-story residential building known as 1400 Monroe, located at 1400 W Monroe Street near the southwest corner of West Loop. The developer, JK Equities, has provided a total of 42 condominium units, ranging from two- to four-bedroom layouts. While the majority of the units are now sold, the remaining eight units are three-bedroom residences, ranging from 1,668 square feet to 1,958 square feet, and beginning at $1 million.

Updated Renderings for 1000M. Renderings by JAHN

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).

1400 Monroe Street Wraps Up in West Loop

7:45 am on September 4, 2021 By Jack Crawford

Cladding and window installation are wrapping up for 1400 Monroe Street, a seven-story residential building in West Loop by JK Equities Prior to construction, the property housed a three-story masonry building. The replacement, known as 1400 Monroe, is set to yield a total of 42 condominiums ranging between two- and four-bedroom residences. Prices begin at $800,000 for a one-bedroom, $1 million for a two-bedroom, and $2.5 million for a four-bedroom. Layout sizes, meanwhile, will fall between 1,242 and 3,887 square feet.

Facade Takes Shape at 1400 Monroe in West Loop

7:45 am on July 11, 2021 By Jack Crawford

Brickwork is progressing rapidly at 1400 W Monroe Street, a seven-story condominium mid-rise underway near the southwest corner of West Loop. Dubbed “1400 Monroe” and planned by JK Equities, the residential project will yield a total of 42 residences, ranging from two- to four-bedroom units. These listings begin at approximately $800,000 for a one-bedroom, $1 million for a two-bedroom, and $2.5 million for a four-bedroom penthouse.

Groundbreaking Expected This Fall for 1000M as City Council Approves Updated Plan in South Loop

7:45 am on July 7, 2021 By Lukas Kugler

Groundbreaking is expected to occur this fall after the Chicago City Council has approved the revised design for 1000M, a long-planned residential skyscraper at 1000 S Michigan Avenue in South Loop. Fronting S Michigan Avenue, the project site is an infill site between E 9th Street and E 11 Street. Currently a stalled construction site, the development already has caissons in the ground. Time Equities and JK Equities are the developers behind the project.

Plan Commission Approves Revised Design for 1000M at 1000 S Michigan Avenue in South Loop

7:45 am on June 19, 2021 By Lukas Kugler

The Chicago Plan Commission has approved the revised design for 1000M, a planned residential skyscraper at 1000 S Michigan Avenue in South Loop. Fronting S Michigan Avenue, the project site is an infill site between E 9th Street and E 11 Street. Currently a stalled construction site, the development already has caissons in the ground. Time Equities and JK Equities are the developers behind the project.

Brick Cladding Begins for 1400 Monroe in West Loop

7:45 am on May 8, 2021 By Jack Crawford

Brick installation has begun for JK Equities‘ 1400 Monroe, a seven-story condominium building located near the southwest corner of West Loop. The project addressed as 1404 W Monroe Street will yield 42 residences, ranging in size from 1,242 to 3,887 square feet. Prices will fall between $650,000 and $2.5 million.

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