The Chicago City Council has approved the mixed-use development at 350 N Morgan Street in Fulton Market District. Located at the corner of W Carroll Avenue, the project received approval from the Chicago Plan Commission last month and is now ready to proceed, pending funding and building permits from developer Sterling Bay.
Site context of 350 N Morgan Street by Gensler
Site context of 350 N Morgan Street by Gensler
Adjacent to Google’s current Midwest headquarters, the now-vacant lot was originally intended for an office tower. However, following Google’s announcement to relocate to the former Thompson Center, Sterling Bay shifted plans just over a year ago to focus on residential. The new tower, dubbed The Residences at 350, will rise 39 stories and reach a height of 436 feet.
Rendering of 350 N Morgan Street by Gensler
Ground floor plan of 350 North Morgan Street by Gensler
Designed by Gensler, the building will be set back from the street to allow for wider sidewalks, including space for outdoor seating for ground-floor commercial tenants. The podium will feature 11,000 square feet of retail space, a residential lobby, and a ramp leading to a 240-space parking garage spread across the next three floors.
Rendering of 350 N Morgan Street by Gensler
The podium will be clad in brick and tinted windows, topped by a large outdoor deck for residents. The tower above will house 573 apartments, including 115 designated as affordable housing. While the unit breakdown has not been disclosed, it is expected to include a mix of studio, one-bedroom, and two-bedroom layouts, similar to nearby developments.
Rendering of 350 N Morgan Street by Gensler
The tower itself will feature a glass façade divided by a metal panel grid, with a small rooftop terrace on the upper setback. With an estimated cost of $300 million, Sterling Bay aims to break ground by the end of the year and complete the project by late 2027 or early 2028.
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570+ residences is a strong number. It would be even more awesome to see some of the many approved projects make it to the break ground and tower crane permit phase.
It’s crazy to think there’s more towers approved in West Loop than most cities have tall buildings across the US. An entire new city’s worth of buildings could sprout overnight if the economics could pencil out. Certainly not for a lack of ambition getting those plots filled, simply a market that makes it worthwhile to invest.
The crazy thing is West Loop still has many vacant lots waiting to be built. Fulton Market has been such a massive success (even if haters will say its fake) and should be an example for other parts of the city. Walkable, dense corridors filled with restaurants, shops and other activities.
I also hope they don’t mess up W Fulton Street (from may street and on)