The Department of Planning and Development’s (DPD) updated plan for real estate development and infrastructure investment within the Fulton Market area will be presented for consideration by the Chicago Plan Commission at its meeting Thursday.
The updated Fulton Market Innovation District (FMID) plan includes 12 new strategies to guide mixed-use improvements in the area primarily bounded by Hubbard Street, Halsted Street, Randolph Street, and Ogden Avenue on the Near West Side.
The original FMID plan was adopted in 2014 to help guide the westward expansion of the CBD around the Morgan Street CTA station, which opened in 2012. Since then, the 217-acre area has seen more than $14 billion in approved or built real estate investments.
If the updated plan is approved by the Plan Commission following a public hearing, it will guide policy implementations and project review criteria for future public and private investments.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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