A tower crane permit has been issued for the first phase of the mixed-use development at 400 N Elizabeth Street in Fulton Market. Sandwiched between N Ogden Avenue and W Kinzie Street, the permit comes quickly as the project was approved this summer after pivoting from a single life-sciences building to two residential towers.
Atlas Industries has most of the demolition work done at 400 North Elizabeth Street in the Fulton Market District, with little else left to do but clear rubble from the site. Two buildings on this property have now been torn down, with 400 North Elizabeth receiving a demo permit on June 6 of this year, and 401 West Ogden getting its walking papers on June 24. Coming soon will be a 33-story residential tower from Weldon Development Group and Mark Goodman & Associates, followed shortly thereafter by a 31-story building.
Just three weeks after the Chicago Plan Commission approved construction for 400 North Elizabeth, it has received a demolition permit. The Plan Commission meeting was held May 16; the demo permit was issued June 6. That means activity is imminent on the two-story, 724-unit apartment development in the Fulton Market District of the West Loop.