YIMBY has photos of the site preparation for 1043 W Fulton Market in the development-heavy Fulton Market neighborhood. The development will be two-fold, consisting of a 12-story hotel with 132,000 square feet of space and a six-story boutique office building with an additional 46,000 square feet of space. The project will replace two single-story buildings and a parking lot.
Photos show a fence and equipment now on-site. Despite no recent permit filings, current site activity suggests demolition permits are likely imminent for the occupying structures.
The site lies along the increasingly dense Fulton Market passageway, with nearby points of interest include a variety bars, restaurants, and outdoor public space along the pedestrian-friendly corridor and the N Morgan cross street one block east. Transit options include bus route 8’s Halsted & Fulton Market stop, which is a seven-walk west from the 1043 W Fulton Market address. CTA L access includes a three-minute walk southeast to the Morgan station, serviced by the Green and Pink Lines. The nearest Divvy bike station can also be found at this intersection.
According to Crain’s, the project is being developed by Fulton Street Companies, which is funded by the Chicago-area investment firm Huizenga Capital Management. The building is designed by Hartshorne Plunkard Architecture, whose offices are currently located in a single-story office building on the west edge of the site. It is unclear if Hartshorne Plunkard will be a tenant in the new six-story office development.
A look at the renderings of 1043 W Fulton Market show masonry facades on the prospective developments, each featuring loft-style window treatments that harken to the industrial aesthetic of the neighborhood. In addition to the distinct loft-appearance of the hotel building, visible on the eight-story section, a taller 12-story component integrates a diamond-patterned glass and metal exterior into its overall design. The setback that delineates the two includes a ninth-floor outdoor terrace.
No completion date has been indicated for the project, though a groundbreaking is expected in the coming months.