Metra has unveiled preliminary plans for a new station and rail flyover for the growing West Loop area. The neighborhood has seen some of the fastest growth of any in Chicago with population numbers nearly doubling in the last five years and the area median income increasing to nearly $120,000 per year, a sharp increase of over $40,000 since its meat-packing days. With a population of roughly 30,000 people and thousands more commuting in for work throughout the day, it has become the next target for Metra service which will force the system to address its largest bottleneck.
Final glazing and cladding work is taking place for a new 26-story high rise at 1400 W Randolph Street in Fulton Market District. Now branded as Parq Fulton, the development by Marquette Companies is replacing a one-story masonry commercial building and an adjacent parking lot. The 282-foot-tall mixed-use high rise will yield 278 new apartments and 10,000 square feet of ground-level retail.
Exterior work is rapidly approaching the finish line for a three-story mixed-use commercial redevelopment project at Fulton Market‘s 932 W Randolph Street. As part of the redevelopment, developer L3 Capital is re-skinning the former bank building and adding a new three-story addition at the northern end of the property.
Caisson and other foundation work continues for the 43-story 906 W Randolph Street, which will dramatically alter Fulton Market District‘s skyline when complete. Set to stand 495 feet in West Loop, the new edifice has been planned by Tucker Development alongside Related Midwest.