Construction begins on Helmut Jahn’s 74-story tower that will alter the skyline
3 December 2019
With construction officially underway at 1000M, the building’s continued development is the talk of the town. In a recent article, Curbed Chicago shared the moments that culminated to 1000M’s groundbreaking, and what’s to come next.
Here’s what they had to say:
“The 1000M development was first announced in 2015. Since launching sales in 2017, the project sold just over 23 percent of its 421 residential units, according to its developers. The team reconfigured several floors for smaller micro-units starting at $313,000, but a number of unsold units—listed between $4 million and $8.1 million—are still well above record prices for the neighborhood.
Construction on 1000M is expected to take 30 to 36 months, Jordan Karlik of JK Equities told Curbed Chicago at October’s ceremonial groundbreaking. Assuming crews adhere to that timeline, the South Loop high-rise would open in mid- to late-2022.”
You can read the full feature at Curbed Chicago, here.