Initial funding has been secured for an upcoming mixed-use development at 400 North Elizabeth Street in Fulton Market. In the works for a few years, the two-tower project will fill a wedge-shaped lot bounded by West Kinzie Street and North Ogden Avenue. Efforts for the development have been led by Mark Goodman & Associates and Weldon Development Group.
Site context map of 410 North Elizabeth by Archeo Design Studio
Site context of 410 North Elizabeth by Archeo Design Studio
Originally approved in 2024 and slated for completion in 2026, the current iteration of the project has received its initial permits over the past couple of months, including one for a tower crane. The development is being designed by Archeo Design Studio, with plans calling for 28,000 square feet of open green space surrounding two residential towers.
410 North Elizabeth by Archeo Design Studio
Site plan of 410 North Elizabeth by Archeo Design Studio
Connecting the structures will be a small drive aisle running from Ogden to Elizabeth along the train tracks to the north. At the center will be a vehicle drop-off loop with central planters. The southern portion of the site will include the aforementioned public park, featuring multiple terraces, open green areas, seating, a dog run, and dining spaces for the retail within the towers.
410 North Elizabeth by Archeo Design Studio
The easternmost tower will be the first to rise, reaching 33 stories and approximately 395 feet in height. The ground floor will include a small lobby, a ramp leading to the parking garage, and a small commercial space connected to the terraces. The parking garage above will contain approximately 150 spaces.
410 North Elizabeth by Archeo Design Studio
Rendering of 410 North Elizabeth by Archeo Design Studio
The remainder of the tower will house amenity spaces along with 383 residential units, consisting of studio, one-bedroom, and two-bedroom layouts. It will also feature a large rooftop deck. The tower will eventually be joined by a 31-story counterpart to the west, with the combined project containing 300 parking spaces and 724 units, of which 146 will be designated as affordable.
The development team has secured a $102 million loan to kick off construction, with Clark Construction set to serve as the general contractor. At this time, a full construction timeline has not been announced.
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Anyone know why all of these towers in Fulton Market look the same? It’s getting pretty boring.
Glass curtain walls are easy and most major GCs are familiar with them. Why take a risk when you could just take the cheapest/safest option? That’s my impression at least, but I don’t work in the industry.
They look noticeably different to me and everyone I know. Not a hard task
Same reason the soviets built the same building over and over again, same reason we have different design languages over the decades. Familiarity with the materials/processes and economies of scale.
people forget this too often here, cheaper housing doesn’t correlate well with reinventing the aesthetic wheel every project
Yes, the key difference is that the soviets did it to build as much housing as possible at scale after their country was nearly annihilated by the Nazis. Luxuries weren’t considered. We’re building housing as cheaply as possible to maximize the amount of profit that can be generated per unit, we’re doing this to ourselves.
They don’t look the same to me.
“How often do these Metra trains go by?
So often you won’t even notice it!”
Double tower designs are so cool. Repeating forms and symmetry are both pleasing to the eye, and it seems like architects have forgotten that in the past 30 years.
Hope this gets built soon.
Excellent! These towers will be a nice addition to the neighborhood.
Didn’t we learn anything from the last twin towers?