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.
Since July’s update, foundation work has made extensive progress for Sterling Bay’s mixed-use development at 360 N Green Street in Fulton Market District. The planned 24-story tower will house 5,400 square feet of retail and Class A office space on the upper floors. At 399 feet in height, the project is set to replace a former vacant lot at the intersection of Green and Kinzie.
New details have been revealed for the groundbreaking of the mixed-use development at 1245 W Fulton Market Street in the West Loop. Located on the intersection with N Elizabeth Street, the new structure replaces a group of empty lots and snakes around an existing art gallery that will remain. West Loop stalwarts Sterling Bay have teamed up with Colorado-based Ascentris, the same team as 160 N Morgan Street, to co-develop the property being designed by local firm Hartshorne Plunkard Architecture.
Construction is crossing the finish line for the for an 11-story mixed-use building at 345 N Morgan Street in Fulton Market District. This latest addition to West Loop‘s rapidly evolving development arena will provide a combination of ground-level retail topped by offices above. Despite its relatively low floor count, this development by Sterling Bay measures up to much of the other nearby projects at a height of 178 feet.
A demolition permit has now been issued for the 18-story mixed-use high rise at 350 N Morgan Street in Fulton Market. Developed by Sterling Bay, the 288-foot-tall project is set to yield 505,000 square feet of programming, consisting of primarily class A offices and a supplementary 15,000 square feet of programming. Built to accommodate open, creative office layouts, the tower will provide its tenants with 30,000 to 45,000-square-foot floor plates.