Major Fulton Market Apartment Proposal Grows in Size

Posted by Helaine Cohen on Saturday, February 29th, 2020 at 8:52am.

While developers and architects are sometimes tasked with shrinking down projects to appeal to nearby neighbors, one particular project is doing just the opposite. Last summer, LG Development announced plans for two towers to go in at the corner of May and Lake streets.

At the time, one tower stood 22-stories, while the other was 20-stories. The latest proposal for the exact same property now calls for just one high-rise, but it stands 33-stories high.

While the original plan called for 484 apartments, the new plan includes 555. That could make this proposal one of the largest rental developments in the West Loop.

The design change will reportedly allow more light to reach the ground level of the building. Updated renderings show a glass building with a pedestrian-friendly alley lined with retailers. 

The project goes before the Plan Commission later this month. Commissioners recently agreed to three Fulton Market projects, including a hotel development, an office building and another apartment tower.

Helaine Cohen, Chicago Real Estate Broker

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