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James McHugh Construction breaks ground on 1000M, Michigan Avenue’s tallest tower to be

BD+C

October 30, 2019 – Co-developers Time Equities, Inc. TEI), JK Equities and Oak Capitals, hosted a groundbreaking ceremony Thursday, October 24th, to celebrate the start of construction for 1000M , the ultra-luxury condominium building across from Grant Park in Chicago. CHICAGO, Ill.,

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Chicago’s long-gestating luxury condo tower nears construction

BD+C

It’s been four years since 1000M, a 74-story luxury condo tower located on Chicago’s South Michigan Avenue, was first announced. But after a recent ceremonial groundbreaking ceremony, the project is finally close to starting construction, according to the project’s developers Time Equities, JK Equities, and Oak Capitals.

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$25 Million Pledged for Economic Development Partnership in Flint, Michigan Amid Water Crisis

Buisness Facilities Contributed Content

The FlintNOW Foundation and Huntington Bank have announced a multi-million economic development partnership aimed at boosting the economy of Flint, Michigan, and providing relief to local businesses and residents affected by the ongoing water crisis in that city. Flint, Michigan.

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15 Cities, Counties Join Green Buildings Leadership Program

Business Facilities

In partnership with Bank of America, USGBC LEED for Cities certification has provided over $2 million to accelerate action on climate change, resilience, and social equity.

Equity 101
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Rising Mortgage Rates Cripple Homebuyer Confidence

Pro Builder

The most recent rate hike pushed the University of Michigan consumer sentiment index to a record low, revealing the waning confidence of homebuyers even in an economy sustained by low unemployment rates. . Rates were gradually increasing throughout the week, then shot higher on Friday with the Consumer Price Index release.

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Women to the Rescue: How to Solve The Skilled Labor Shortage in Construction

Viewpoint Construction Technology

While that means there’s still some work to be done in terms of pay equity, it also means construction could be an appealing career for many women. A Michigan nonprofit called Women in Skilled Trades also focuses on helping women enter these jobs, providing training in tasks like stenciling cement, wiring outlets and framing walls.

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Metros With the Highest Home Value Growth

Pro Builder

Homeownership provides buyers with equity and a long-term investment that could have a great payoff when it comes time to sell, as long as they’re buying in an area where the homes’ value will grow. Three of the best areas for growth and stability can be found in Texas, whereas Michigan has four metros in the bottom five. cbroderick.

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