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
Multifamily Housing | Nov 8, 2017
No place like home: LA’s The Six provides permanent supportive housing for veterans
The 52-unit development gives hope and dignity to homeless or disabled veterans and others in need.
Mixed-Use | Nov 1, 2017
18-story residential tower breaks ground near Temple University
The tower will provide apartment units for students and young professionals.
Multifamily Housing | Oct 30, 2017
Multifamily ventilation: Help buildings breathe
What's the right set of "lungs" for your building?
Multifamily Housing | Oct 30, 2017
First two affordable family apartment communities open in Irvine’s master planned Great Park Neighborhoods community
The buildings offer a total of 166 apartments.
Multifamily Housing | Oct 29, 2017
Multifamily visionaries: The Beach Company’s family ties
Spanning four generations, The Beach Company continues to expand its development footprint across the Southeast.
Greenbuild Report | Oct 19, 2017
Can 'living well' sell?
As the competition for renters and buyers heats up, multifamily developers look to health and wellness for an edge.
Multifamily Housing | Oct 19, 2017
Enlightened conversion: A church becomes condos in D.C.
Once there were 857 churches in the District of Columbia. Now there are 856. One of them became an award-winning condominium complex.
University Buildings | Oct 13, 2017
The University of Oklahoma receives its first residential colleges
The residential communities were designed by KWK Architects and combine living and learning amenities.
Multifamily Housing | Oct 11, 2017
A 267-unit multifamily community is under construction in Summerville, S.C.
Summer Wind will be about half an hour outside of Charleston, S.C., in the rapidly expanding Summerville submarket.
Multifamily Housing | Oct 9, 2017
6 new products for the multifamily construction market
Bamboo wall panels, an adaptable prep sink, and a two-tiered bike parking system are among the product innovations geared for multifamily buildings.