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

[CrazyCres]

Any activity on-site?

[Bombardier]

^Still on hold and my guess is that this one's not coming back any time soon.

[Mikelacey45]

So I have some questions I’ve been seeing them advertising lately saying it’s under construction .... are they still hoping that this thing will get up and my second question by the city reopening tomorrow do you believe we will see some activity tomorrow ?

[Bombardier]

^I guess technically it is under construction by some definition. They installed caissons, dug a hole for the mat slab and stopped. Until you see the rest of that tower crane installed and operating, this one is on hold.

[Mikelacey45]

Originally Posted by Bombardier

^I guess technically it is under construction by some definition. They installed caissons, dug a hole for the mat slab and stopped. Until you see the rest of that tower crane installed and operating, this one is on hold.

So within the next few months I’m assuming this thing be cancelled

[Zapatan]

Originally Posted by Mikelacey45

So within the next few months I’m assuming this thing be cancelled

No necessarily, the world is in chaos, maybe they're just waiting it out?

[KWillChicago]

I would say let patience prevail, but definitely understand the concern. Im trying to stay positive. I just hope whatever redesign happens, if it does, doesn't drop it 200 feet.

[Zapatan]

Originally Posted by KWillChicago

I would say let patience prevail, but definitely understand the concern. Im trying to stay positive. I just hope whatever redesign happens, if it does, doesn't drop it 200 feet.

What makes you think there will be a redesign?

[Kumdogmillionaire]

Originally Posted by Zapatan

What makes you think there will be a redesign?

I believe he's implying there may be a Waterview Tower 2.0 situation where that tower lost 400 feet after being put on hold and purchased by a different developer because of the Recession

[nergie]

From a Crain’s Article posted this afternoon:



The developers of a Michigan Avenue condominium tower designed by architect Helmut Jahn have halted construction. They say they did it to prevent the spread of COVID-19 among construction workers.

Construction began on the 74-story tower, called 1000M for its address at 1000 S. Michigan Avenue, in late 2019. At some point in the past 10 weeks, it stopped, sources told Crain’s.

[CrazyCres]

Well at least it's official now, and that cases in Illinois are going down maybe we can see construction start again in the near future

[Donnie77]

could have sworn they stopped earlier then that but ok lets go with that!

[Bombardier]

Originally Posted by Donnie77

could have sworn they stopped earlier then that but ok lets go with that!

I think it was mid-April...

Originally Posted by Bombardier

I'm hearing the project has been put on hold by the client for 30 days (minimum).

[Fvn]

Hmmm...

Should I be skeptical? Probably not, this seems like a legit reason. But is this the ONLY reason? I mean don't get me wrong, I'm not trying to discount the project team looking out for the well being of workers, this is obviously very important. But the only major active construction project in Chicago that indefinitely shut down due to COVID?? One Chicago, BMO, 110 Wacker, 333 Wolf Point, etc, all didn't stop for COVID and I don't think any had major issues... I mean BMO even constructed their mat foundation in a similar condition that "had workers underground, working shoulder to shoulder, making it effectively impossible to maintain social distancing" and had no issues?

I mean, again, obviously, protecting workers from COVID is important, but it just seems like a convenient excuse for a project that is already rather troubled...?

“we continue to advance all off-site activities (including) signing subcontracts, procuring and testing the curtain wall, processing our building permits and finalizing construction documents, which allow the project to generally stay on track. We will resume work when we feel the situation has stabilized.”

This quote from the article seems slightly re-assuring though...

[Mr Downtown]

Yeah, this doesn't really pass the smirk test. I mean, what underground work did this project ever have, other than having one guy in a hole tying together caisson rebar?

[skysoar]

Originally Posted by nergie

From a Crain’s Article posted this afternoon:



The developers of a Michigan Avenue condominium tower designed by architect Helmut Jahn have halted construction. They say they did it to prevent the spread of COVID-19 among construction workers.

Construction began on the 74-story tower, called 1000M for its address at 1000 S. Michigan Avenue, in late 2019. At some point in the past 10 weeks, it stopped, sources told Crain’s.

Did Crains give any mention of when 1000m might restart construction, or is it on hold indefinitely. Have anyone knowledge of a building of similar size being put on hold for COVID-19? Yet thankfully there is at least some news.

[SIGSEGV]

I wonder if they had a materials vendor problem or something.

[Zapatan]

This quote from the article seems slightly re-assuring though...

Yea they aren't pausing due to any project related reason, just Covid, which is good.

[Fvn]

Originally Posted by Zapatan

Yea they aren't pausing due to any project related reason, just Covid, which is good.

That doesn't necessarily confirm that... I'd say if it doesn't start within the next ~30 days I'm gonna be rather suspicious about other possible reasons

[Zapatan]

Originally Posted by Fvn

That doesn't necessarily confirm that... I'd say if it doesn't start within the next ~30 days I'm gonna be rather suspicious about other possible reasons

Yea we'll see...