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  #1821  
Old Posted Dec 3, 2020, 2:50 AM
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Quote:
Originally Posted by Northwest View Post
From another thread, this picture really demonstrates the gap exactly where 1000M will some day rise.
I'm imagining this image panned out with Lincoln Yards and Michael Reese.
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  #1822  
Old Posted Jan 23, 2021, 10:46 PM
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Last edited by l3g0; Jan 24, 2021 at 2:27 PM.
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  #1823  
Old Posted Jan 23, 2021, 10:51 PM
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^ protip: if you add an h to the part before .jpg in imgur, it will be autoresized to a reasonably-sized width.


Also, thanks for sharing this!
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  #1824  
Old Posted Jan 23, 2021, 11:24 PM
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So a negligible haircut on the height from 832'/76 floors down to 805'/73 floors, but a big increase on the unit count.

It will be interesting to see where this goes, and how big the impact to the overall design might be.

Thanks for posting!
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Last edited by Steely Dan; Jan 24, 2021 at 5:37 PM.
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  #1825  
Old Posted Jan 23, 2021, 11:31 PM
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Smaller, cheaper apartments I'm guessing? That would make sense.

Good news though
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  #1826  
Old Posted Jan 24, 2021, 4:45 PM
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Nice to see some movement on this one. The slight height reduction sucks but I'm not mad about more units.
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  #1827  
Old Posted Jan 24, 2021, 4:56 PM
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was prepared for a height cut based on everything you guys have been saying, super nice to know that it'll only be 30 feet. Will be a massive beast nonetheless
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  #1828  
Old Posted Jan 24, 2021, 5:07 PM
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Yeah, I was expecting a much more drastic height reduction, comparable to Waterview/OneEleven's ~40% cut. At 1000M's location, even a 700-footer would have a major impact on the skyline, let alone 803 ft.

I wonder if the units will now be a mix of condos and apartments.
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  #1829  
Old Posted Jan 24, 2021, 5:28 PM
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Is the proposed height 803 feet or the 805 feet listed on the Akerman letter?
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  #1830  
Old Posted Jan 24, 2021, 5:37 PM
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Quote:
Originally Posted by Romero View Post
Is the proposed height 803 feet or the 805 feet listed on the Akerman letter?
The 803' figure was a typo on my part. My bad.
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  #1831  
Old Posted Jan 25, 2021, 7:57 PM
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Will be very interesting to see what happens to the design here, and also what the mix is as far as rental units/condos.

This developer made some very odd and unfortunate choices with respect to that mix - also potentially with size/pricing - from the start. I believe there was a formula that would have worked (including with some minority condo component if desired) and resulted in a completed building by now.

Here's to hoping they've finally figured it out (maybe they've hired some good consultants to work out their market strategy?) this time!
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  #1832  
Old Posted Jan 25, 2021, 9:30 PM
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Quote:
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This developer made some very odd and unfortunate choices with respect to that mix - also potentially with size/pricing - from the start.
Yeah I think they assumed what works for them in Manhattan would work in the South Loop.
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  #1833  
Old Posted Jan 26, 2021, 10:28 PM
SamInTheLoop SamInTheLoop is offline
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^ Yeah - seriously, could be. I mean, I was certainly left with the impression at least that they didn't do all their homework.
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  #1834  
Old Posted Jan 27, 2021, 5:44 PM
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So should we have faith in the restructuring of the condo to rental ratio or is this basically a last second Hail Mary?
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  #1835  
Old Posted Jan 27, 2021, 6:03 PM
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Quote:
Originally Posted by AMWChicago View Post
So should we have faith in the restructuring of the condo to rental ratio or is this basically a last second Hail Mary?
With the rental component people can just sign leases and move in while brokers focus on selling the condo component. The money would be flowing for the rentals, making the entire project less of a risk.
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  #1836  
Old Posted Feb 7, 2021, 2:44 PM
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  #1837  
Old Posted Feb 7, 2021, 2:45 PM
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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
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  #1838  
Old Posted Feb 7, 2021, 4:08 PM
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what an awesome plan. can't wait to check out that roof deck one day!!!
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  #1839  
Old Posted Feb 9, 2021, 12:06 AM
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  #1840  
Old Posted Feb 9, 2021, 3:09 AM
Ricochet48 Ricochet48 is offline
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Excited this has come back to life.

Aside from Regis, this will have the biggest impact on the skyline (even more than OneChicago). I will fill the gap between the NEMA cluster and Essex very well when viewed from Alder (which is of course a super popular viewing point).
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