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.
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
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.
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.
Related Stories
Seismic Design | Feb 27, 2023
Turkey earthquakes provide lessons for California
Two recent deadly earthquakes in Turkey and Syria offer lessons regarding construction practices and codes for California. Lax building standards were blamed for much of the devastation, including well over 35,000 dead and countless building collapses.
Multifamily Housing | Feb 21, 2023
Watch: DBA Architects' Bryan Moore talks micro communities and the benefits of walkable neighborhoods
What is a micro-community? Where are they most prevalent? What’s the future for micro communities? These questions (and more) addressed by Bryan Moore, President and CEO of DBA Architects.
Multifamily Housing | Feb 21, 2023
Multifamily housing investors favoring properties in the Sun Belt
Multifamily housing investors are gravitating toward Sun Belt markets with strong job and population growth, according to new research from Yardi Matrix. Despite a sharp second-half slowdown, last year’s nationwide $187 billion transaction volume was the second-highest annual total ever.
Multifamily Housing | Feb 21, 2023
New multifamily housing and mixed-use buildings in Portland, Ore., must be ready for electric vehicle charging
The Portland, Ore., City Council recently voted unanimously to require all new residential and mixed-use buildings to be ready for electric vehicle charging. The move amends Portland’s zoning laws to require all new multi-dwelling and mixed-use development of five or more units with onsite parking to provide electric vehicle charging infrastructure.
Reconstruction & Renovation | Feb 16, 2023
Insights from over 300 potential office-to-residential conversions
Research from Gensler finds that, surprisingly, the features that result in an unpleasant office often make for a superlative multifamily product.
Multifamily Housing | Feb 16, 2023
Coastal Construction Group establishes an attainable multifamily housing division
Coastal Construction Group, one of the largest privately held construction companies in the Southeast, has announced a new division within their multifamily sector that will focus on the need for attainable housing in South Florida.
High-rise Construction | Feb 15, 2023
Bjarke Ingels' 'leaning towers' concept wins Qianhai Prisma Towers design competition
A pair of sloped high-rises—a 300-meter residential tower and a 250-meter office tower—highlight the Qianhai Prisma Towers development in Qianhai, Shenzhen, China. BIG recently won the design competition for the project.
Senior Living Design | Feb 15, 2023
Passive House affordable senior housing project opens in Boston
Work on Phase Three C of The Anne M. Lynch Homes at Old Colony, a 55-apartment midrise building in Boston that stands out for its use of Passive House design principles, was recently completed. Designed by The Architectural Team (TAT), the four-story structure was informed throughout by Passive House principles and standards.
Multifamily Housing | Feb 11, 2023
8 Gold and Platinum multifamily projects from the NAHB's BALA Awards
This year's top BALA multifamily winners showcase leading design trends, judged by eight industry professionals from across the country.
Multifamily Housing | Feb 10, 2023
Dallas to get a 19-story, 351-unit residential high-rise
In Dallas, work has begun on a new multifamily high-rise called The Oliver. The 19-story, 351-unit apartment building will be located within The Central, a 27-acre mixed-use development near the Knox/Henderson neighborhood north of downtown Dallas.
