Fulton Street's Plans for New 10-story Commercial Project in Chicago's West Loop

Exciting new plans have emerged for the commercial development at 1010 W Madison Street in Chicago's vibrant West Loop neighborhood. Situated at the intersection with N Morgan Street, this proposal represents a shift from the site's original vision, transforming a vacant parking lot into a unique urban experience. The project is spearheaded by Fulton Street Companies, who have taken a new direction with a design by Gensler.

The previous proposal: The redevelopment of this site was initially unveiled in 2021, featuring a 10-story residential building named "Momad" after the intersection it calls home. The original concept, which did not include ground-floor retail, was intended to house 25 for-sale condominiums, ranging from one- to four-bedroom layouts. However, given the evolving real estate landscape, particularly in the condo market, the developers have made a strategic pivot.

The current plan: Now, the 17,000-square-foot lot will undergo a transformation into a 40,000-square-foot bathhouse in collaboration with New York-based Bathhouse. Drawing inspiration from the success of similar ventures like Aire, this new outpost will rise two stories, adorned with concrete arches and opaque windows on the exterior. 

The upcoming amenities: 

• A spacious spa

• Multiple pools

• A restaurant

• A rooftop pool with a deck

• And more

What’s the timeline: The construction timeline for this exciting endeavor is set to kick off in the first quarter of 2024, with an eagerly anticipated opening date in the spring of 2025. With this transformation, 1010 W Madison Street is poised to become a haven of relaxation and recreation in the heart of the West Loop, contributing to the ever-evolving tapestry of Chicago's urban landscape.