A permit application has been submitted for the first of three towers at 370 N Morgan Street in Fulton Market. Located on the intersection with W Kinzie Street, the multi-phase project has been in development since 2022 and appears to be moving forward as interest rates soften. Developer Vista Property Group had received all of the necessary city approvals last year already.
Site context model of 370 + 400 N Morgan Street by Gensler
The new application is for a full building permit, this comes after a caisson application was submitted earlier this summer that is also awaiting approval. Records show that there have been some changes to the plans, with Antunovich Associates taking over the design from Gensler. This also saw a slight change in density.
PREVIOUS ground floor plan of 370 N Morgan Street by Gensler
Permit Application for 370 N Morgan Street via City of Chicago
With a demolition permit also pending, the revised project is set to rise 31-stories instead of 34. With this we can expect a slight chop in height from the previously announced 410-feet. However, the total unit count did not change and the building will still contain 493-residences of which 154 will be considered efficiencies.
PREVIOUS rendering of 370 + 400 N Morgan Street by Gensler
Plans still call for a large chunk of commercial space on the ground floor as well as a lobby and ramp up to the revised parking garage. The building will now only contain 190 parking spaces instead of the originally planned 225. Residents can still expect many of the standard amenities like an outdoor pool deck, fitness center, and various lounge spaces.
Rendering of 370 + 400 N Morgan Street by Gensler
While we have not seen updated renderings or elevations, we can assume the building’s original price of roughly $151 million will remain. While a formal construction timeline has also not been revealed, permit applications do show that Skender Construction will serve as the general contractor.
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If anyone at Gensler can read this, your site model showing proposed stuff of the city is not colorblind friendly.
The blue and purple are just a tad too similar. It doesn’t seem like blue is used too commonly, but just wanted to shine some light if possible.
Nice to see 2 different high rise proposals move thru after a long lull. Rates are going down and cities nationwide are now experiencing a buidling boom so Chicago has no excuse to still be last place in building high rises
Insipid and bland as always, developers’ aversion to experimentation (even if economic considerations partly justify it) appalls me.
It gives me great Joy as I’m looking forward to the implementation of these impeccable renderings. Have a great day!