410 North Elizabeth

The tower crane is being erected this week at 410 North Elizabeth, the new Fulton Market residential tower from developer The Tree Street Group. Twenty-two months after it was permitted the first time (December 12, 2024) and eight months after its second, for-real issuance (February 19, 2026) we saw the full crane in the air on Tuesday. Workers on top of the rig were adding finishing touches, and it looked like it would be ready to do the heavy lifting by Wednesday.

Caissons are done and the tower crane has been planted for the first of two residential towers at 410 North Elizabeth in the Fulton Market District. The stub has been in the ground since at least last Friday, when we spotted it from a passing Metra train. General contractor Clark Construction and the concrete crew from Adjustable Concrete are working at grade on the site, which is bound by two sets of Metra tracks to the north and south, North Elizabeth Street to the east, and North Ogden Avenue to the west.

Just shy of a year after caissons were permitted, and a little more than three months after its tower crane was permitted for the second time, site preparation is underway for 410 North Elizabeth. Some time over the past week or so, new construction fencing has been set up around the perimeter of the lot, and what had been a considerable amount of vegetation has been cleared. The site is now a well-manicured mixture of rock and dirt, ready for caissons to begin.