CHICAGO | 1000M (1000 S Michigan) | 805 FT | 73 FLOORS - Page 69

Knightwing · #**1361** Posted **Nov 28, 2019, 10:49 PM**

Quote:

Originally Posted by Bombardier

^No, Stalworth is putting in the deep foundation.

Caseless site - won’t quite be the same :-(

harryc · #**1362** Posted **Nov 29, 2019, 2:23 AM**

Quote:

Originally Posted by BVictor1

Not familiar with them at all when it comes to the high-rise scene here in Chicago.

They must have bid low.

56 E Huron, Bentham, a few others in River North.

Hourstrooper · #**1363** Posted **Nov 30, 2019, 2:56 AM**

Quote:

Originally Posted by SolarWind

November 27, 2019

OH boy about to be U/C!!!!!

BVictor1 · #**1364** Posted **Nov 30, 2019, 6:35 AM**

Quote:

Originally Posted by harryc

56 E Huron, Bentham, a few others in River North.

All small bouquet buildings.

marothisu · #**1365** Posted **Nov 30, 2019, 2:33 PM**

New construction permit was issued yesterday for the foundation...

SolarWind · #**1366** Posted **Nov 30, 2019, 2:53 PM**

Quote:

Originally Posted by BVictor1

Not familiar with them at all when it comes to the high-rise scene here in Chicago.

Stalworth Underground has worked on several buildings the last couple of years. I did a quick search through some of my old photos and came up with the list below, but it's possible I missed a few.

Aloft Chicago Mag Mile - 237 E Ontario
Illume Condominiums - 111 S Peoria
Moxy Hotel - 530 N LaSalle
Marlowe - 169 W Huron
30 East - 30 E Balbo
The Paragon - 1326 S Michigan
Lakeshore LDS Meetinghouse - 822 N Clark
61 Banks Street - 61 E Banks
Home2 Suites by Hilton - 110 W Huron
Hyatt Hotel - 113 N May
Milieu - 855 W Adams
Toyoko Inn Hotel - 320 S Clinton
Hoxton Hotel - 200 N Green
811 W Fulton
845 W Madison
900 W Washington
320 N Sangamon

LouisVanDerWright · #**1367** Posted **Dec 1, 2019, 12:39 AM**

I was gonna say, Stalworth has done a bunch of projects since first showing up on the Chicago skyscraper scene a few years ago.

Northwest · #**1368** Posted **Dec 1, 2019, 3:41 AM**

Quote:

Originally Posted by BVictor1

Not familiar with them at all when it comes to the high-rise scene here in Chicago.

They must have bid low.

Would not be surprised Case Foundation's quote was padded a bit to account for risk. The foundation is always first, and to be the first contractor on a project that still lacks financing... well there is a chance they wont get paid, and end up in court. This project needs to secure financing ASAP, I would be adverse to working on this too since they are being so secretive about where the money is coming from.
The Spire site should have taught them a lesson.

Hourstrooper · #**1369** Posted **Dec 1, 2019, 7:02 PM**

Quote:

Originally Posted by Northwest

Would not be surprised Case Foundation's quote was padded a bit to account for risk. The foundation is always first, and to be the first contractor on a project that still lacks financing... well there is a chance they wont get paid, and end up in court. This project needs to secure financing ASAP, I would be adverse to working on this too since they are being so secretive about where the money is coming from.
The Spire site should have taught them a lesson.

They're not being secretive at all? they've got one of the most reputable American lenders there is financing this thing.

At 1000M, an excavator is on-site, and the start of caisson drilling is “imminent,” Jordan Karlik of JK Equities tells Curbed Chicago. The South Loop project has also secured financing from Goldman Sachs, the development team announced on Thursday

Northwest · #**1370** Posted **Dec 1, 2019, 9:19 PM**

Quote:

Originally Posted by Hourstrooper

They're not being secretive at all? they've got one of the most reputable American lenders there is financing this thing.

At 1000M, an excavator is on-site, and the start of caisson drilling is “imminent,” Jordan Karlik of JK Equities tells Curbed Chicago. The South Loop project has also secured financing from Goldman Sachs, the development team announced on Thursday

Sorry, I must have missed that news. Lots of forumners are still expressing doubt, so I guess I was going along with that.
If this is a solid go, then bring it on! Monday we should be U/C.

KWillChicago · #**1371** Posted **Dec 2, 2019, 10:24 AM**

The turkey has been digested. Time to start digging.

MorganChi · #**1372** Posted **Dec 2, 2019, 11:47 AM**

Happy born day 1000M

Skyguy_7 · #**1373** Posted **Dec 2, 2019, 2:36 PM**

Today will be a day for the ages! Truly unbelievable boom we're experiencing.

What a time to be alive!

Steely Dan · #**1374** Posted **Dec 2, 2019, 8:12 PM**

curbed is reporting that construction has officially begun!

Quote:

Construction begins on Helmut Jahn’s 74-story tower that will alter the skyline
1000M is happening

By Jay Koziarz Updated Dec 2, 2019, 1:43pm CST

Chicago’s current tally of 33 high-rise buildings under construction can add another large project to the mix as crews officially break ground on the 74-story, Helmut Jahn-designed skyscraper known as 1000M.

Although co-developers Time Equities, JK Equities, and Oak Capitals hosted a groundbreaking ceremony in October, work at 1000 S. Michigan Avenue didn’t start in earnest until the last weekend of November—after the project landed its first building permit.

Seeing foundation rigs move dirt should go a long way to alleviate doubts about the project, voiced by publications such as Crain’s. Concerns included questions about the market supporting high-end condos at this location as well as doubts if the slow-to-start project would get off the ground amid concerns of a possible economic downturn.

source: https://chicago.curbed.com/2019/10/2...groundbreaking