A building permit is now pending for the mixed-use development at 1224 W Randolph Street in Fulton Market. Located near the intersection with N Elizabeth Street, the project was first announced nearly three years ago. The development team—Azur Holdings and Golub & Company—purchased the land in late 2023.
Plans for the partial residential conversion of 30 N LaSalle Street in The Loop, part of the city’s LaSalle Street Reimagined initiative. Now more than two years in the making, the project has been slightly altered and approved by the city’s Permit Review Committee, leaving just final approval of its funding outstanding.
On Wednesday, April 3rd, Mayor Brandon Johnson announced the selection of four developments for the LaSalle Street Reimagined initiative. These projects aim to rejuvenate the area by brining residents into the corridor after pandemic vacancies, utilizing $151.2 million in tax-increment financing funds. The office-to-residential developments will repurpose underused office buildings and adding over 1,000 new residential units, including at least 319 affordable units. Pending approval by the City Council, completion is slated for 2027 as reported by WTTW News.
The sale of the land for the mixed-use development at 1234 W Randolph Street in Fulton Market has now been finalized. Located on the intersection with N Elizabeth Street and replacing a couple of commercial structures, the development can now proceed after originally being proposed as a hotel multiple years ago. Developers Azur Holdings and Golub & Company are behind the project with architecture firm SCB working on its design.
The Chicago City Council has approved the mixed-use development at 1234 W Randolph Street in Fulton Market. Located on the intersection with N Elizabeth Street the building replaces a handful of low-slung commercial structures after having originally been proposed as a hotel a few years back. Now after receiving its approval from the Plan Commission and comments from the Committee on Design, developers Azur Holdings, and Golub & Company have cleared some of the last hurdles towards construction for the SCB-designed project.
