One of the late Helmut Jahn’s last designs may get built after all. Time Equities, JK Equities, and Oak Capitals have announced that the construction of 1000M is going to restart any day now. How is this possible? Money.
The development trio has closed on a $304 million construction loan, which will be used to get things moving again. It was last year that local media were talking about financing problems with this project, but as of today that all seems to have been resolved. Construction is scheduled to be completed in three years, so December 2024, which is adjacent to January, 2025. By then I should be out of the habit of writing “19” on my checks.
More importantly, the developers of this project have released new renderings, which is good because the design has changed several times since the last batch. Here they are for you to enjoy: