Apostal Group

Development news: Fulton Market district is red hot Niko Apostal 04/15/16

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In what feels like an endless explosion of new construction this spring, one of the hot new neighborhoods to get a facelift is the corner of the West Loop known as Fulton Market. This formerly industrial corridor is suddenly a hot new area for residential, retail and nightlife development, with news coming out this week that there are plans for two new residential towers in what was formerly a food processing plant and storage facility across the street. Curbed reports that the former Bridgport Quality Foods building and a warehouse across the street will become a

13-story residential building while a five-story mixed-use structure is slated to go across the street at 171 N Green. The Hartshorne Plunkard-designed plan calls for 322 dwelling units, 250 parking stalls, new office space, and ground floor retail to be spread across the two separate sub-areas.

Not far away, another big development is in the works. A development company has owned the 900 block of W. Randolph since last year, and according to Curbed, is planning to “rehab a series of landmarked buildings fronting Randolph and Sangamon into approximately 91,000 square feet of new office space and retail.” This will include an 18-story, 260-unit tower.

Meanwhile, elsewhere in Fulton Market, the team behind the hot new Fulton Market restaurant/event space Brass Monkey is planning a new development as well. According to BisNow, the plans for 450 N. Morgan call for a mixed-used space that contains retail, office space, parking and rooftop decks.

Interested in learning more about this red-hot section of the city? We’d love to chat with you about it. Contact us!

*Photo courtesy of Flickr user David Wilson.

File: Fulton Market