The 14-story development is one of two West Loop projects to be awarded construction permits this week
The office boom transforming Chicago’s trendy Fulton Market District is creeping further west thanks to a new 14-story development sprouting up along Ogden Avenue. Known simply by its address of 1375 W. Fulton Market, the upcoming 315,000-square-foot building earned its first construction permit on Wednesday.
The project, which comes from Texas-based developer Trammell Crow, replaces a parking lot and a two-story structure that was demolished late last year. The design by ESG Architects features a rooftop deck for tenants and about 115 parking spaces on levels two and three. The site is also steps from the Archer Daniels Midland wheat mill where developer Sterling Bay is reportedly considering a new Metra rail stop.
In response to concerns raised by Alderman Walter Burnett Jr. regarding a lack of affordable retail rents in the area, representatives from Trammell Crow pledged to offer a portion of the building’s 15,000 square feet of ground floor commercial space below market rate. The developer hopes to complete 1375 W. Fulton Market in early 2020, says Crain’s.
In other West Loop construction news, a recent permit was also awarded to a 10-story apartment development slated for 1220 W. Jackson Boulevard. The transit-oriented project from LG Development and NORR Architects, calls for 166 rental units, 7,000 square feet of retail space, and 30 parking stalls.
- Texas developer bets on Fulton Market’s west end [Crain’s]
- More office space proposed for hot Fulton Market District [Curbed Chicago]
- Previous West Loop coverage [Curbed Chicago]