Demolition Permit Issued for 210 N Morgan Street in Fulton Market

The first demolition permit has now been issued for 210 N Morgan Street in Fulton Market. The demolition will give rise to a 33-story mixed-use development by Newcastle Limited. This 380-foot tower will house 204 residential units: 59 studios, 18 convertibles, 72 one-bedroom units, 23 one-bedrooms with a den, and 33 two-bedrooms. Of these units, 41 will be designated as affordable for those earning 60% or below the Area Median Income (AMI).

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Sale Announced For Parcel At 527 W Kinzie Street

A new land sale has been announced for the property at 527 W Kinzie Street in the Fulton River District near The Loop. Located by the river and directly next to the upcoming Cassidy on Canal tower, the lot had originally been earmarked for a potential residential development. The sale is being executed by CBRE on behalf of the owner Vornado Realty Trust, who is based in New York and owns Merchandise Mart.

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UAW Strike Deal Includes Major Investments In Chicagoland

New details have been revealed for major investments on Chicagoland auto plants as part of a deal with United Auto Workers. The two largest winners are the Stellantis Belvidere factory at 3000 W Chrysler Drive, and the Ford factory at 12600 S Torrence Avenue in Hegewisch. The announcement comes as part of the recently announced contract between the UAW and the three major automakers of GM, Stellantis, and Ford.

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