Construction is nearing full height for 160 N Morgan Street, a 30-story mixed-use tower in Fulton Market District. Set to stand 350 feet in height, the new high rise by Sterling Bay and Ascentris will yield a total of 282 for-rent apartments atop two levels of retail.
The developers are planning to offer a range of residences, from studios to two-bedroom floor plans. Of the on-site units, 28 will be set aside as affordable housing. In addition, the developers have committed to providing $2 million to the neighborhood opportunity fund and $5.26 million to help fund a new mixed-income residential development in the South Loop.
The building will provide a range of amenities for its occupants, including an outdoor deck on the fifth floor, an indoor fitness center and lounge, 89 parking spaces in a podium garage, and 153 bike parking spaces.
With bKL Architecture as project architect, the tower is composed of a rectangular massing that is topped off by two offset volumes at its crown. The facade of the tower will be composed of floor-to-ceiling windows, red metallic paneling, and dark gray metal accents. The southern section of the tower will extend over the podium, adorned on its underside with a mosaic pattern and supported by two Y-shaped columns.
The project is conveniently located in close proximity to a variety of transit options. Within a 10-minute walking distance, there are multiple Divvy bike stations and bus transit for Routes 8 and 20. Additionally, the Morgan station for the Green and Pink Lines is only a minute away to the north. This allows for easy access to the city and its surrounding areas.
Walsh Construction has set a target completion date for later this year, with the reported cost estimated to be $82 million.