Chicago & Midwest + Downtown + Healthcare | May 17, 2021

Mark Goodman Proposes Fulton Market’s Biggest Life Sciences Project to Date

Veteran Chicago developer Mark Goodman presented plans for a life sciences lab building along the western edge of the Fulton Market District, Crain’s Chicago Business reported. At 500,000 square feet, the 19-story lab and office building at 400 N. Elizabeth St. would be the neighborhood’s largest such project yet.

Crain’s reported that Goodman is expected to file a zoning application in the weeks ahead for the project, adding him to the short list of developers betting on Chicago as a burgeoning destination for early-stage life sciences companies.

“We’ve assembled a ‘dream team’ of experts, from environmental specialists to geotechnical and structural engineers to electrical and traffic consultants, to ensure we design and deliver a best-in-class facility that propels Chicago to the forefront as a top-tier life sciences hub,” Goodman told Crain’s.

The project would be two blocks west of a 425,000-square-foot life sciences project under development by Trammell Crow Company.

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About Paul Bubny

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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