Unit layouts are being redesigned at 1000M, the Helmut Jahn-designed condo tower on South Michigan Avenue, in an effort to refinance the project and resume construction next year, “primarily as a rental project.”
“The exterior of the building would remain substantially as previously approved,” Francis Greenburger, chairman and CEO of New York-based Time Equities, added in an emailed statement. “Our hope would be to commence construction next year, but this will depend on economic conditions and the availability of financing.”
The plans are preliminary, and there’s no guarantee the tweaks will lead to a relaunch of the 74-story project.
https://www.chicagotribune.com/colum...000M-skyscrape