Final Exterior Touches Advance for 1000M Tower in South Loop

As pre-leasing continues, final touches are being made to the facade of 1000 S Michigan Avenue in the South Loop. This 74-story residential project, known as 1000M, stands at 805 feet and is located opposite Grant Park. The tower has been developed by Time Equities, JK Equities, and Oak Capital, with architectural design by Jahn/ and interior design by Kara Mann Design. There will be a total of 738 apartments, ranging from studios priced at $2,075 per month to four-bedroom penthouses starting at $14,470 per month.

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Ramova Theater Redevelopment Completed With Opening Concert

An official opening has occurred for the redevelopment of the Ramova Theater at 3518 S Halsted Street in Bridgeport. Located near the intersection with 35th Street, the iconic theater’s interior and exterior have been under construction for nearly two years after new renderings were revealed last year. The $30 million project was led by Baum Revision with a collection of locals and celebrities as well.

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Sales Surpass Halfway Mark for Harrison Row Townhomes in East Garfield Park

Home sales have surpassed the 50-percent mark for Harrison Row Townhomes, located in East Garfield Park. Led by Structured Development, under the affordable Requirements Ordinance (ARO), the program targets households earning up to 120% of the area median income. Fulfilling the ARO obligation for Structured’s Wendelin Park in Clybourn Corridor, these 40 townhomes are required to remain affordable for at least 30 years, with oversight by the Chicago Housing Trust (CHT).

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Additional Funding Announced For O’Hare Terminal 3 Renovation

An additional $40 million in funding has been announced for the upcoming renovation of Terminal 3 at O’Hare International Airport. We previously covered the renovation nearly a year ago when it originally received $50 million from the 2021 infrastructure bill. Now further dollars have been awarded to the project led by the Chicago Department of Aviation (CDA) with an undisclosed set of designers and engineers.

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