The 74-story residential skyscraper, 1000M, is nearing its final height of 805 feet. Situated at 1000 S Michigan Avenue in South Loop, this joint venture by JK Equities, Time Equities, and Oak Capitals has evolved from initially planned 506 condominium units to now house 738 rental apartments.
The Chicago City Council has approved the residential development at 330 W Chestnut Street in the Near North Side. Located on the intersection with N Orleans Street near the quickly rising North Union megadevelopment, the proposal will replace a surface parking lot and received a handful of changes we previously covered during its Plan Commission approval in March. Now developers Draper & Kramer and BlitzLake Partners have received the last green light needed for the FitzGerald Associates-designed structure.
A construction permit has been approved for a new commercial low-rise at 4015 W Cermak Road. Located in Lawndale, this development will replace the previously vacant lot owned by Mohammed Musa.
The St. Regis Chicago has taken its last major step forward towards completion with the opening of its hotel component at 401 E Wacker Drive in Lakeshore East. Going by the same name as the tower itself and occupying the first 11 lower floors, the hotel and the residences above are being run by St. Regis Hotels and Resorts which is a subsidiary of Marriott. The interiors of the were designed by Gensler with Studio Gang and bKL Architecture working on the overall tower developed by Magellan Development Group.
Steel beam installation is wrapping up for a three-story commercial building at 151 N Michigan Avenue in New Eastside. This mixed-use development will be a direct expansion of the Millennium Park Plaza apartment building located adjacently north. The 74-foot-tall structure, developed by BJB Partners, will activate a previously under-utilized corner at Michigan & Randolph that was a single-story restaurant venue.
