Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design.
L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
OKW Architects is serving as the design architect for the revamped and expanded edifice. The new design takes on a industrial-themed aesthetic, with a modern palette of brick, metal paneling, and floor-to-ceiling windows. While the first two floors will be primarily clad in brick, the remaining third floor will be wrapped in metal paneling, creating a compelling street presence. Other features include an elevator and stairwell tower at the northeast corner, bringing the maximum height to 55 feet.
No on-site parking will be provided, though tenants and visitors will find bus stops for Route 8 within five-minute walk east to Halsted & Randolph. A five-minute walk south at the intersections of Madison & Morgan and Madison & Peoria are additional bus stops for Route 20. For those looking to board the CTA L, the Green and Pink Lines at Morgan station can be found via a two-minute walk northeast.
Norcon Inc. served as the demolition contractor to strip the prior structure to just its frame, while Walsh Construction Company is now the general contractor for the construction portion. A full completion is anticipated prior to the end of this year.