Brickwork and glass installation is now nearing the top of 345 N Morgan Street, an 11-story mixed-use development in West Loop’s Fulton Market district. Under development by Sterling Bay, the 200,000 square feet of programming includes ground-floor retail and offices on the above floors.
Structural work has topped out for the eight-story life sciences center known as ALLY at 1229 W Concord Place. This 320,000 square-foot development by Sterling Bay is the first phase of the gargantuan Lincoln Yards master plan, which will ultimately span 55 acres along Chicago’s North Branch Corridor.
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.
Final glass pieces are being installed for 300 N Michigan Avenue, a 47-story mixed-use skyscraper in The Loop. Co-developers Sterling Bay and Magellan have planned for a retail base, a 280-key citizenM hotel on the lower levels, and 289 rental apartment units on the upper floors.