Chicago & Midwest + Downtown + Apartments | December 9, 2022

Three developers have joined the rush to develop in Chicago's Fulton Market District with plans for as many as 2,100 apartments and an office tower

Three More Developers Join the Fulton Market Parade

Three developers have made plans for as many as 2,100 apartments and an office tower at the north end of the Fulton Market District, adding to the growing list of high-rise projects proposed for the fast-growing neighborhood. All three will present their proposals to the Chicago Committee on Design on Dec. 14, reported Crain’s Chicago Business.

One of the buildings, an apartment tower that Miami-based Crescent Heights plans at 420 N. May St., would rise 52 stories, or 600 feet, making it the tallest building in the Fulton Market District. About three blocks east, New York-based Vista Property Group wants to develop three towers on North Morgan Street that could hold nearly 1,600 apartments.

Three blocks farther east, Canadian developer Onni Group has proposed a 27-story building at Kinzie and Green streets that would include 676,000 square feet of office space.

Pictured: 420 N. May St. rendering, courtesy of Hartshorne Plunkard Architects.

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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).