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.
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.
The Chicago Plan Commission has approved the mixed-use development at 360 N Green Street in Fulton Market. Replacing a vacant lot just east of the recently announced Guinness Brewhouse, the Sterling Bay-led project is being designed by Gensler and has gone through a series of revisions, most recently this past February. The approval is the second tower moving forward this month in the area with the residential-heavy 1353 W Fulton Street also getting the green light.
The Chicago Plan Commission has approved plans for the mixed-use development at 1353 W Fulton Street in Fulton Market. Located on the corner with N Ada Street, the new high rise replaces an existing industrial building on the quickly-growing corridor that has seen numerous high-profile proposals including a 600-foot-tall tower in the last few months. Developer Shapack Partners has been working with SOM on the design of the structure, which has undergone a handful of updates since we originally covered its announcement late last year.
Earlier this month, YIMBY reported on the Committee on Design’s review of 170 N Green Street, where CRG (of St. Louis-based Clayco) and Shapack Partners have planned a massive mixed-use development. The Fulton Market site was previously owned by Bridgford Foods, whose former packaging facility is currently undergoing full demolition. Clayco purchased the property for $60 million in 2020, prior to which Bridgford Foods had considered its own plans for a 17-story building to occupy the site.