South Loop’s new 73-story residential skyscraper, 1000M, is progressing toward its final 805-foot height at 1000 S Michigan Avenue. The building, a collaboration between JK Equities, Time Equities, and Oak Capitals, is expected to increase its initial offering from 506 condominium units to 738 rental apartments to meet demand. The project, as of yesterday, has released its updated marketing campaign on its official website.
An official groundbreaking has been held for the mixed-use development at 1959 W Lake Street in the Near West Side. Located on the intersection with N Damen Avenue adjacent to the CTA tracks and upcoming Damen Green Line station, the project dubbed Westhaven Park IID is the final phase of the greater Westhaven Park development near the United Center. Developers Brinshore Development, The Michaels Organization, and the Chicago Housing Authority worked with local firm Landon Bone Baker on its design.
A demolition permit has been approved for a two-story masonry multi-unit building and a detached frame garage at 1218 W Cornelia Avenue in Lake View. The structure is a pale masonry residential building, whose owner is 1218 W Cornelia LLC and whose planned replacement currently remains unknown.
South Loop is poised for another step in its southward density push following City Council approval of a new two-building affordable residential development.
New bike infrastructure plans have been announced along parts of N Milwaukee Avenue and W Grand Avenue within West Town. The two separate projects will run on portions of the large roads as each city ward must coordinate such infrastructure within their boundaries, the lanes would bring desperately needed improvements on some of the most dangerous streets in the city. The work for both is being executed in collaboration with the Chicago Department of Transportation (CDOT) with the support of some advocacy groups.
