Facade progress is rapidly taking shape for 932 W Randolph Street, a redevelopment of a former three-story bank in West Loop‘s Fulton Market. The development involves the re-skin of the existing structure, and a new three-level connected addition that will take on the same design. L3 Capital is the developer behind the 35,000-square-foot project, whose programming will be entirely commercial. Recent reports have confirmed that a new showroom for the electric carmaker Rivian will occupy the building. Last year, L3 Capital received approval to convert the existing zoning designation of the property from C1-2 neighborhood commercial district to DX-5 mixed-use district.
Demolition has wrapped up for a former single-story bank, clearing the way for a new five-story mixed-use building at Fulton Market‘s 1020 W Randolph Street. L3 Capital is the developer of the West Loop project, whose new edifice will house ground-level retail space and 22,000 square feet of offices on the upper four floors. Programming will also offer tenants a sixth-floor amenity penthouse and a nearly 2,000-square-foot terrace with skyline views.
Transformation of 932 W Randolph Street continues to progress in West Loop‘s Fulton Market, where developer L3 Capital has planned a re-skin and renovation of a former three-story bank. The project will also include a new three-story addition at the northern end of the property, which will blend seamlessly into the new design.
The Chicago City Council has given the final approval for demolition of the existing structure at 1020 W Randolph Street in the West Loop. Located within Fulton-Randolph Market District, and the northeast corner of W Randolph Street and N Carpenter Street, the current site conditions consist of an existing one-story bank with drive-through that is the subject of this demolition approval. L3 Capital is the developer behind the project.