flexiblefullpage -
billboard - default
interstitial1 - interstitial
catfish1 - bottom
Currently Reading

Chicago’s long-gestating luxury condo tower nears construction

Multifamily Housing

Chicago’s long-gestating luxury condo tower nears construction

Helmut Jahn designed the project.


By David Malone, Associate Editor | October 25, 2019
1000M on the Chicago skyline

All renderings couretsy Helmut Jahn.

It’s been four years since 1000M, a 74-story luxury condo tower located on Chicago’s South Michigan Avenue, was first announced. But after a recent ceremonial groundbreaking ceremony, the project is finally close to starting construction, according to the project’s developers Time Equities, JK Equities, and Oak Capitals.

The 832-foot-tall, Helmut Jahn-designed building welcomes residents and visitors via a two-story Michigan Avenue lobby that includes a social lounge and art installations. A sun deck on level 11 includes space for outdoor yoga, an aquamarine pool, a fire pit, and a garden. Also on level 11 is the library lounge, which holds a curated collection of classic Chicago literature surrounded by panoramic views from the adjacent terrace. 

 

1000M entrance

 

A sky terrace located more than 800 feet above Michigan Avenue and equipped with telescopes offers views of Grant Park, Lake Michigan, and the surrounding city. Other amenities include the 1000M spa that features a meditation room, plunge pools, a steam room, a beauty bar, and a hydration station; a private dining room on level 72; and a 24/7 fitness room with programmed fitness classes, personal training, and advanced equipment.

 

See Also: London’s new ‘Can of Ham’ office building completes construction

 

1000M penthouses

 

Located on floors three through 19 are the Avenue Residences, which offer views of the park, the lakefront, and the Cultural Mile. Floor 20 features the Terrace Residences, which were designed for a seamless integration of interior and exterior space. Each Terrace Residence has two terraces, one located off the master bedroom and one of the living room. Dubbed the International Collection, floors 41 through 47 are being reserved for micro units that range from 325 sf to 850 sf. The idea was to create highly efficient condominium plans similar to those found in luxury towers throughout Europe, Asia, and Canada. 

 

1000M lobby

 

Floors 22 through 40 and 48 through 69 are the Sky Residences, These units offer the best views of Grant Park, Lake Michigan, and the Chicago skyline. The Sky Residence views are only surpassed by those of the four 5,491-sf penthouses located on floors 70 and 71.

Currently, the plan is for construction to begin soon with a completion date of some time in 2022.

 

1000M condo unit

Related Stories

MFPRO+ News | Apr 12, 2024

Legal cannabis has cities grappling with odor complaints

Relaxed pot laws have led to a backlash of complaints linked to the odor emitted from smoking and vaping. To date, 24 states have legalized or decriminalized marijuana and several others have made it available for medicinal use.

MFPRO+ News | Apr 10, 2024

5 key design trends shaping tomorrow’s rental apartments

The multifamily landscape is ever-evolving as changing demographics, health concerns, and work patterns shape what tenants are looking for in their next home.

Mixed-Use | Apr 9, 2024

A surging master-planned community in Utah gets its own entertainment district

Since its construction began two decades ago, Daybreak, the 4,100-acre master-planned community in South Jordan, Utah, has been a catalyst and model for regional growth. The latest addition is a 200-acre mixed-use entertainment district that will serve as a walkable and bikeable neighborhood within the community, anchored by a minor-league baseball park and a cinema/entertainment complex.

Multifamily Housing | Apr 9, 2024

March reports record gains in multifamily rent growth in 20 months

Asking rents for multifamily units increased $8 during the month to $1,721; year-over-year growth grew 30 basis points to 0.9 percent—a normal seasonal growth pattern according to Yardi Matrix.

Industry Research | Apr 4, 2024

Expenses per multifamily unit reach $8,950 nationally

Overall expenses per multifamily unit rose to $8,950, a 7.1% increase year-over-year (YOY) as of January 2024, according to an examination of more than 20,000 properties analyzed by Yardi Matrix.

Affordable Housing | Apr 1, 2024

Biden Administration considers ways to influence local housing regulations

The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.

Affordable Housing | Apr 1, 2024

Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness

Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.

Standards | Apr 1, 2024

New technical bulletin covers window opening control devices

A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.

Adaptive Reuse | Mar 26, 2024

Adaptive Reuse Scorecard released to help developers assess project viability

Lamar Johnson Collaborative announced the debut of the firm’s Adaptive Reuse Scorecard, a proprietary methodology to quickly analyze the viability of converting buildings to other uses.

Green | Mar 25, 2024

Zero-carbon multifamily development designed for transactive energy

Living EmPower House, which is set to be the first zero-carbon, replicable, and equitable multifamily development designed for transactive energy, recently was awarded a $9 million Next EPIC Grant Construction Loan from the State of California. 

boombox1 - default
boombox2 -
native1 -

More In Category



Mixed-Use

A surging master-planned community in Utah gets its own entertainment district

Since its construction began two decades ago, Daybreak, the 4,100-acre master-planned community in South Jordan, Utah, has been a catalyst and model for regional growth. The latest addition is a 200-acre mixed-use entertainment district that will serve as a walkable and bikeable neighborhood within the community, anchored by a minor-league baseball park and a cinema/entertainment complex.


halfpage1 -

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021