
Fulton St. Cos. Eyes Its Largest Fulton Market Project Yet
Teeing up what would be its largest project to date in the Fulton Market District, Fulton St. Cos. is under contract to pay roughly $40 million for more than half of the 1200 block of Fulton Street bounded by Racine and Carroll avenues and Elizabeth Street, Crain’s Chicago Business reported. The Chicago-based developer aims to develop a trio of buildings totaling 1.1 million square feet of apartments and offices.
Fulton St. Cos. plans to redevelop the two-acre eastern half of the block along with two apartment buildings totaling close to 600 units and a 500,000-square-foot office building, co-founder Alex Najem told Crain’s.
Known as Fulton Square, the plan would add to a series of proposals for new residential buildings in Fulton Market north of Lake Street after the Lightfoot administration lifted a ban on such projects earlier this year to encourage new investment amid the COVID-19 pandemic.
- ◦Development