At number 15 in the year-end countdown of tallest construction projects is the near-complete 1400 W Randolph Street, aka Parq Fulton, a 26-story mixed-use tower at the western end of West Loop‘s Fulton Market. Marquette Companies‘ plans for the 282-foot project involve 10,000 square feet of mercantile space and 278 rental apartment units. The ground-floor retail will be occupied by one retail space and a new restaurant, which received an interior buildout permit this past October. The apartments, meanwhile, will range from studios through three-bedrooms. Pricewise, studios begin at $2,075, one-bedrooms at $2,549, two-bedrooms at $3,945, and three-bedrooms at $5,685.
The units themselves will offer white quartz countertops, wood plank flooring, soft-close cabinetry with under-cabinet lighting, black roller shades, Latch keyless entry, a Nest smart home thermostat, and custom built-in closets. Kitchens specifically will be equipped with stainless steel LG appliances and a French door refrigerator, while the bathrooms will feature glass walk-in showers.
All layouts except the studios will come with attached private balcony space. Other features limited to select units include a built-in tech desk, custom built-in island extensions, black stainless steel appliances, a 28-bottle wine fridge, double vanities, as well as touchless Kohler kitchen faucets and premium Kohler bath fixtures.
Planned resident amenities are comprised of a state-of-the-art fitness center, a resident lounge with entertaining space, a meditation room and attached private terrace, a large dog park with a pergola, and a co-working space with individual workstations, conference rooms, and a heated outdoor lounge. One other feature of note will be an expansive rooftop pool deck with cabanas, a courtyard, grills, and downtown skyline views.
The connected “two-tower” massing by Brininstool + Lynch is encased in a glass and aluminum glazing, dotted by recessed private balconies. The podium portion will be masonry, utilizing a tan brick cladding with textured patterns.
Within the podium’s garage, there will be a total 0f 108 parking, as well as a bike room with 225 spaces. Nearby public transportation includes bus stops for Routes 9 and X9, both of which are a four-minute walk west to Ashland & Lake. Route 20, meanwhile, is an eight-minute walk south to Madison & Loomis. For those looking to board the CTA L, the Green and Pink Lines can be found at Ashland station, a five-minute walk west.
Marquette Companies has also been constructing a shorter sibling, known as Evo Union Park, located just across Ogden from Parq Fulton. Under the address 1454 W Randolph Street, this 11-story development was also designed by Brininstool + Lynch and is set to yield an additional 242 residential apartments when it opens next year. As part of this two-part endeavor, Marquette will be subsidizing 100 affordable units that are both on-site and off-site, as well as contributing $2.6 million to the neighborhood opportunity fund.
The current $112 million construction has been carried out by Power Construction. With pre-leasing currently underway, move-ins are anticipated for March 2022.
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Beautiful building, but I can’t wrap my head around how those prices (in that location) can be justified. Maybe I’m wrong, but that far west should be priced much cheaper.. regardless of new build.