Superstructure work has now surpassed the top of the podium for 1000M, a 73-story residential apartment tower rising at 1000 S Michigan Avenue in South Loop. The 788-foot tower is currently the city’s second tallest active construction project, surpassed only by the 850-foot Salesforce Tower in River North. Developed in partnership between JK Equities, Time Equities, and Oak Capitals, plans have pivoted from 506 condominiums to 738 rentals after an initial construction hiatus. In late 2021 following this two-year pause, the developers received a $304.5 million loan from Goldman Sachs and Deutsche Bank for work to resume. The design by the late Helmut Jahn has shifted only slightly with a small height reduction.
In a blog post released on June 23rd, Yelp co-founder and CEO Jeremy Stoppelman announced that “the future of work is remote.” Along with their New York and Washington D.C. offices, the internet mainstay will also be shuttering its Chicago offices located at 222 W Merchandise Mart Plaza, within the Merchandise Mart. These changes come after the 2021 downsizing of its San Francisco headquarters.
A permit was issued this past Friday for a three-story residential building with a masonry facade at 6314 S Evans Avenue in the Woodlawn neighborhood. Bonita Harrison of Sunshine Management is listed as the owner of the proposed project. This will be a three-flat construction with a fenced-in yard, and a three-vehicle parking pad. The lot is currently undeveloped.
This week, YIMBY stopped by the Adler Planetarium in South Loop‘s Museum Campus, with exterior renovation wrapped up earlier this year. While the building re-opened earlier in March, the makeover today still warrants an article highlighting the building’s re-clad copper dome.
A permit was issued last week for the interior renovation of existing office space on the 44th floor of the Willis Tower, located at 233 S Wacker Drive in The Loop. This permit was issued to Industrious, and while not much has been revealed, there will be changes to the existing co-working space. No structural work will be performed and there will not be a change of use for business.