When Miami-based developer Crescent Heights unveiled plans for a 76-story, 829-foot-tall skyscraper with 792 apartments, that building could lay claim to be the tallest in Chicago’s South Loop. This Rafael Viñoly-designed tower is the first of three that Crescent Heights is planning just south of Grant Park, according to Crain’s Chicago Business.
But only few days after Crescent’s plans became public, details surfaced about an even taller 86-story glass residential tower on 1000 S. Michigan Avenue, about a block from Crescent Heights’ proposed skyscrapers.
Last April that high rise’s developer, a joint venture between New York real estate firms JK Equities and Time Equities, paid $10.5 million for the 111-year-old eight-story Lighter Building, which is adjacent to their proposed tower. According to the JV’s application, the Lighter Building will continue to serve as office space. If the city approves 1000 S. Michigan, the joint venture intends to purchase a portion of the site for their tower from its current owner, First American Bank, according to Crain’s.
Architect Helmut Jahn designed this 506-unit tower, to be situated on a little more than an acre, to resemble four stacked boxes on its South façade. The 75-year-old Jahn has used this multi-step design approach before on a 41-story residential high rise in Chicago that was completed in 2008. The new tower proposal calls for condos on its top 60 floors and apartments on 21 floors. A parking garage with 598 slots would be in an 11-story rear extension to the tower.
Including its rooftop terrace, this tower would soar 1,030 feet, making it the Windy City’s fifth-tallest building. However, such claims are always transitory: Studio Gang’s architect Jeanne Gang has proposed a 1,140-foot-tall Vista Residences in Chicago, which would feature a trio of glass towers arranged in a row, with heights of 47, 71, and 93 stories. Gang told Dezeen magazine that she was inspired to mass the buildings by a formation called “frustum,” which resembles a pyramid without a pointy peak.
Helmut Jahn's proposed 506-unit tower. Rendering courtesy Hahn (via Chicagoist)
Jeanne Gang has proposed a 1,140-foot-tall Vista Residences. Rendering courtesy Jeanne Gang
Related Stories
MFPRO+ News | Mar 1, 2024
Housing affordability, speed of construction are top of mind for multifamily architecture and construction firms
The 2023 Multifamily Giants get creative to solve the affordability crisis, while helping their developer clients build faster and more economically.
Multifamily Housing | Feb 29, 2024
Manny Gonzalez, FAIA, inducted into Best in American Living Awards Hall of Fame
Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.
K-12 Schools | Feb 29, 2024
Average age of U.S. school buildings is just under 50 years
The average age of a main instructional school building in the United States is 49 years, according to a survey by the National Center for Education Statistics (NCES). About 38% of schools were built before 1970. Roughly half of the schools surveyed have undergone a major building renovation or addition.
MFPRO+ Research | Feb 28, 2024
New download: BD+C's 2023 Multifamily Amenities report
New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.
AEC Tech | Feb 28, 2024
How to harness LIDAR and BIM technology for precise building data, equipment needs
By following the Scan to Point Cloud + Point Cloud to BIM process, organizations can leverage the power of LIDAR and BIM technology at the same time. This optimizes the documentation of existing building conditions, functions, and equipment needs as a current condition and as a starting point for future physical plant expansion projects.
Data Centers | Feb 28, 2024
What’s next for data center design in 2024
Nuclear power, direct-to-chip liquid cooling, and data centers as learning destinations are among the emerging design trends in the data center sector, according to Scott Hays, Sector Leader, Sustainable Design, with HED.
Windows and Doors | Feb 28, 2024
DOE launches $2 million prize to advance cost-effective, energy-efficient commercial windows
The U.S. Department of Energy launched the American-Made Building Envelope Innovation Prize—Secondary Glazing Systems. The program will offer up to $2 million to encourage production of high-performance, cost-effective commercial windows.
AEC Innovators | Feb 28, 2024
How Suffolk Construction identifies ConTech and PropTech startups for investment, adoption
Contractor giant Suffolk Construction has invested in 27 ConTech and PropTech companies since 2019 through its Suffolk Technologies venture capital firm. Parker Mundt, Suffolk Technologies’ Vice President–Platforms, recently spoke with Building Design+Construction about his company’s investment strategy.
Performing Arts Centers | Feb 27, 2024
Frank Gehry-designed expansion of the Colburn School performing arts center set to break ground
In April, the Colburn School, an institute for music and dance education and performance, will break ground on a 100,000-sf expansion designed by architect Frank Gehry. Located in downtown Los Angeles, the performing arts center will join the neighboring Walt Disney Concert Hall and The Grand by Gehry, forming the largest concentration of Gehry-designed buildings in the world.
Construction Costs | Feb 27, 2024
Experts see construction material prices stabilizing in 2024
Gordian’s Q1 2024 Quarterly Construction Cost Insights Report brings good news: Although there are some materials whose prices have continued to show volatility, costs at a macro level are returning to a level of stability, suggesting predictable historical price escalation factors.
