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JDL Development Opens 1000 S. Clark Street

CHICAGO—The new multifamily development is already 60% leased.

By Brian J. Rogal | brianjrogal | | Updated on August 12, 2016

 

chi-1000clark (2) The units at 1000 S. Clark offer the high-end finishes that South Loop residents have come to expect.
CHICAGO— JDL Development recently celebrated the grand opening of 1000 South Clark , its new 469-unit luxury apartment tower in Chicago’s South Loop neighborhood. The 29-story building hosted a reception on July 27, and about 300 guests toured the studio and one-bedroom models – designed by Crate & Barrel , West Elm , Room & Board and Interior Define – along with more than 43,000 square feet of amenities. “It was our goal with this project to set a new standard for luxury apartment living, and I’m happy to say we’ve exceeded even our own high expectations,” says Yale Dieckmann , executive vice president and chief investment officer at Chicago-based JDL Development. Currently 60% leased, 1000 South Clark offers studio, one-, two- and three-bedroom residences ranging from 512 to 2,730 square feet with rents ranging from $1,895 to $7,000. Additionally, the community features six three-bedroom rental townhomes, each with 3½ baths and attached two-car garages. Townhomes average 2,635 square feet and rents start at $6,950. Residences at 1000 South Clark offer premium finishes, including high ceilings, panoramic lake and city views, custom kitchen cabinetry and quartz countertops, stainless steel Whirlpool appliances, custom bathroom vanities with tile bath and shower surrounds, plank flooring, and full-size washers and dryers. Select units also feature floor-to-ceiling windows, custom Elfa® closets and balconies. “With more than 40,000 square feet of amenity space, 1000 South Clark is unlike anything we’ve seen in Chicago,” says Sheila Byrne , executive vice president of property management at The Habitat Co. , which manages the community. “Residents enjoy an amazing offering of five-star amenities in the heart of the South Loop, steps from shopping, dining, entertainment and the lakefront. When it comes to amenities, residents in this building want for nothing.” The amenity space includes a 20,000-square-foot outdoor terrace with grilling stations, an indoor/outdoor pool and rooftop running track; a 10,000-square-foot state-of-the-art fitness center; basketball and racquetball courts; and a virtual golf simulator and putting area. The building also has an automated package retrieval system and on-site valet dry cleaning. A four-story garage attached to the west facade of the tower will provide parking for 327 vehicles. 1000 South Clark is a joint venture between JDL Development and New York-based iStar .

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