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Mixed Use

Nov 21, 2023

Fulton St & JDL Turn Kick-off Construction of 11-Story Mixed-use Development in Fulton Market

Exciting news from the real estate sector as Fulton St. Companies and JDL officially break ground on an ambitious mixed-use development project in the Fulton Market District.

Fulton St & JDL Turn Kick-off Construction of 11-Story Mixed-use Development in Fulton Market
Traded Media
Traded Media

Traded Editorial

2 min read

Groundbreaking Event Marks the Start of 919 W Fulton Market Development

Exciting news from the real estate sector as Fulton St. Companies and JDL officially break ground on an ambitious mixed-use development project in the Fulton Market District. The 11-story structure at 919 W Fulton Market is set to redefine the skyline and offer a plethora of opportunities for businesses and residents alike.

Project Overview

The new development promises a whopping 409,000 square feet of space, primarily dedicated to office and retail purposes. The main office tenant will be Harrison Street Real Estate Capital, which will occupy a substantial 112,000 square feet. Gibsons Restaurant Group has also committed to leasing 15,000 square feet for a ground-floor restaurant, adding a culinary touch to the project.

Architectural Highlights

The design of the building, a collaborative effort by Morris Adjmi Architects and FitzGerald, is nothing short of impressive. The structure features a stepped terrace base extending up to six floors, with the top five floors set back from the street line. The exterior facade design is a blend of dark brick, floor-to-ceiling windows, and metal slab covers, creating a modern and sleek aesthetic.

Amenities and Location

919 W Fulton Market is not just about looks; it's about functionality too. The building will offer tenants a fitness center, options for exterior signage, and an underground parking garage with a capacity of 65 vehicles. Its prime location near various public transportation routes, including bus service for Routes 8, 65, and 20, and the Morgan station for the CTA’s Green and Pink Lines, makes it an attractive proposition for businesses and residents.

Green Building Certifications

Skender, the project’s general contractor, is aiming to achieve WELL and LEED Silver certifications with the new construction, reflecting a commitment to sustainability and wellness in the built environment.

Financing and Completion

With financial backing of $233 million, the development is expected to be completed in 2025. Financing was led by SNK Capital, alongside Bank of the Ozarks and Manulife Investment Management. The groundbreaking event was a testament to the collaborative efforts of all partners involved, and a celebration of the future growth and development of the Fulton Market District.

Conclusion

The 919 W Fulton Market development is a significant addition to the Fulton Market District, promising to bring new life and opportunities to the area. As the project progresses, it will be exciting to see how it shapes the future of the district and contributes to the city's growth.

Meta Description: Discover the latest development in the Fulton Market District as Fulton St. Companies and JDL break ground on the 11-story mixed-use project at 919 W Fulton Market. Learn about the design, amenities, and the impact it will have on the district.

#Chicago#Mixed Use#Development Site
Published: Nov 21, 2023Last updated: December 1, 2023