Last week, developers Fulton St. Companies and JDL held an official groundbreaking ceremony for an 11-story mixed-use development located at 919 W Fulton Market. The structure is designed to offer 409,000 square feet of space for office and retail purposes.
Harrison Street Real Estate Capital is set to be the main office tenant, occupying 112,000 square feet. Additionally, Gibsons Restaurant Group has agreed to lease 15,000 square feet for restaurant space on the ground floor. The project also encompasses the neighboring six-story building at 910 W Lake Street, which will maintain its residential units with retail spaces at the ground level.
The design of 919 W Fulton Market, by Morris Adjmi Architects and FitzGerald, features a stepped terrace base extending up to six floors, with the top five floors set back from the street line. The building’s total roof height is 153 feet, with a pinnacle height of 172 feet including the bulkhead. Its exterior facade design consists of dark brick, floor-to-ceiling windows, and metal slab covers.
The building will offer tenants ample outdoor space, a fitness center, options for exterior signage, and an underground parking garage with a capacity of 65 vehicles. It is located near various public transportation routes, including bus service for Routes 8, 65, and 20, and the Morgan station for the CTA’s Green and Pink Lines.
Skender has been chosen as the project’s general contractor, aiming to achieve WELL and LEED Silver certifications with the new construction. With recent financial backing of $233 million, the development is expected to be completed in 2025. Financing was spearheaded by SNK Capital, who served as the lead investment partner, alongside Bank of the Ozarks and Manulife Investment Management.
Fulton Street Companies’ Founder and CEO Alex Najem spoke at the ceremony, stating, “Today’s groundbreaking event is a huge win for the city. We have assembled the very best team to bring the newest building in Fulton Market to life. Without these partners, especially Shanna Khan/SNK Capital, whose belief in and commitment to the project is unwavering, and Alderman Burnett, who continues to champion growth in the neighborhood, we would not be here today. To each and every one, I say thank you for making this ambitious and remarkable development a reality for our great city.”