Revised Plans Filed For South Loop’s Stalled 1000M Skyscraper
The proposal was submitted by Time Equities, who has co-planned the project alongside JK Equities and Oak Capitals. The application requested an amendment to allow for 738 units, an increase from the initially planned 421 condominiums. Current zoning, according to The Real Deal, would only allow for a maximum of 506 units. It is unclear what types of units will occupy the new version of the tower, although a Chicago Tribune article from December 2020 suggests a potential shift to apartments. Despite the unit count increase, the height of the new structure would reduce slightly from 832 feet and 76 floors to 802 feet and 73 floors. Additionally, the tower’s total floor area would now stretch 903,455 square feet. The incorporated renovation of an adjacent 102-foot-tall office building would remain as is.
Link:
https://chicagoyimby.com/2021/02/rev...kyscraper.html