CHICAGO—Officials from Golub & Co. and its partner, Los Angeles-based CIM Group, say they have just opened their new 40-story multifamily residential tower at 1001 S. State St. in Chicago's South Loop neighborhood. The Solomon Cordwell Buenz-designed glass and steel development has 397 luxury units and a host of technology-focused amenities. The building's first residents will move in this month.
“The South Loop is one of Chicago's fastest-growing and most-desirable neighborhoods,” says Golub president and chief executive officer Michael Newman. “1001 is destined to become the place for Chicago's top innovators to live, work and collaborate.”
“Companies relocating from the Chicago suburbs to downtown are boosting employment in the city, while long commutes are motivating renters to move into the urban core,” according to a recent Apartment Market Research Report by Marcus & Millichap. “As such, apartments within an easy commute into downtown are highly sought after.”
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
