Land Sale Finalized For 1234 W Randolph Street In Fulton Market

The sale of the land for the mixed-use development at 1234 W Randolph Street in Fulton Market has now been finalized. Located on the intersection with N Elizabeth Street and replacing a couple of commercial structures, the development can now proceed after originally being proposed as a hotel multiple years ago. Developers Azur Holdings and Golub & Company are behind the project with architecture firm SCB working on its design.

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Harper Court Phase II Rises at 5201 S Harper Avenue in Hyde Park

The core and superstructure is now rising for Harper Court Phase II, located at 5201 S Harper Avenue in Hyde Park. Officially dubbed “Hyde Park Labs,” the mixed-use 13-story building is an effort between The University of Chicago, Trammell Crow, and Beacon Capital Partners. The 302,000-square-foot structure will consist primarily of lab and office space geared towards STEM-orient companies, while also introducing 4,000 square feet of retail. The University of Chicago will occupy a portion of the $225 million building for its own engineering and quantum research.

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