Sterling Bay


345 N Morgan Street

Ribbon Cutting Ceremony Marks Completion of 345 N Morgan Street in Fulton Market

This week, YIMBY attended the ribbon cutting ceremony for 345 N Morgan Street, an 11-story mixed-use building in Fulton Market District. This new development features new ground-level retail topped by offices on the upper floors. Continuing the trend of high-amenity, high-flexibility office space to be built in Fulton Market, the 200,000 square-foot structure highlights the neighborhood’s increasing densification and expanding urban footprint. Although only 11 floors, the 178-foot-tall development by Sterling Bay still measures up to many of the surrounding projects and planned developments.

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Updated Details Revealed For 330 N Green Street In Fulton Market

Updated details have been revealed for the mixed-use development at 330 N Green Street in Fulton Market. Located just north of the intersection with W Wyman Street, the project replaces an empty lot that once held the Coyne College building. Developer Sterling Bay also built the structure across the street at 333 N Green Street as well as the one to the north at 360 N Green Street. Being one of the main driving forces in the neighborhood, they have partnered with Gensler for the new design of the building which was originally proposed a few years back.

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2031-33 N Kingsbury Avenue

Sterling Bay Proposes 15-Story Apartment Building Across from Lincoln Yards

Sterling Bay, the real estate developer behind the $6 billion Lincoln Yards masterplan, has revealed plans for a new 15-story apartment building directly to its east in Lincoln Park. The project faces Sterling Bay’s mega-assemblage from across the North Branch river, calling for 359 new units on a parcel addressed as 2031-2033 N Kingsbury Avenue. Of the total unit count, 36 on-site residences will be affordable. In addition, Sterling Bay will contribute $5.1 million to the city affordable housing fund. The Chicago-based developer has partnered with Lone Star Fund as a joint venture, further continuing their collaboration beyond Lincoln Yards.

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225 N Elizabeth Street

225 N Elizabeth Officially Breaks Ground in Fulton Market District

Developer Sterling Bay and partnering private equity firm Ascentris have broken ground on a 28-story mixed-use tower, situated at 225 N Elizabeth Street (formerly addressed as 1245 W Fulton) in West Loop’s Fulton Market District. Plans for this 314-foot-tall edifice include 350 residential apartments atop first-floor retail. Unit sizes will be split into 66 studios, 46 convertibles, 140 one-bedroom, 92 two-bedroom, and six three-bedroom floor plans. To meet the 20 percent affordability requirement under the latest ARO guidelines, the development will have 70 on-site units for residents making up to 60 percent of the area median income (AMI). These units will be distributed as 13 studios, nine convertibles, 28 one-bedrooms, 19 two-bedrooms, and one three-bedroom.

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