The Chicago City Council has approved the rezoning for two new high-rises in Fulton Market. The projects are located on opposite ends of the district, with the residential-based 1353 W Fulton Street anchoring the west end of the growing area and 360 N Green Street continuing the string of commercial mixed-use properties along Green Street on the eastern end of the neighborhood. Both towers recently received Plan Commission approval as well.
Construction has surpassed the third floor at 1039-41 W Belmont Avenue, a four-story retail and residential building in Lakeview. The mixed-use structure has been planned by the occupying owner Cumin Restaurant, originally listed as Kathmandu Properties in the issued permit. Prior to construction, the parcel was occupied by a two-story masonry building, which was demolished in 2019.
Developer Sterling Bay has secured financing for its mixed-use development at 160 N Morgan Street in Fulton Market. Located just north of W Randolph Street and next to the CTA Morgan station, the tall tower replaces a now-demolished drive-thru bank that once held a Gucci pop-up shop. Earlier this year Sterling Bay forged a joint venture with Colorado-based real estate private equity firm Ascentris on the project with local firm bKL Architecture working on the modern design.
A tower crane permit has been issued for a new 18-story mixed-use building at 1044 W Van Buren Street in West Loop. Developed by Tandem, the building will yield 2,800 square feet of ground-level retail, 196 rental apartments, 70 on-site parking spaces, and 143 bike spaces.
Caisson work has begun for the new Howard Brown Health Clinic at 3501 N Halsted Street in Lake View East. The five-story development will replace a former low rise retail building at the corner of Halsted & Cornelia.
