Sulo Development was already planning to build a 9-story, 28-unit condo building at 19 N. May in Chicago’s rapidly growing West Loop neighborhood. Now, plans have changed and their earlier proposal has been expanded to include 18 stories and 73 condominium residences.
If the name sounds familiar, it’s probably because Sulo was also the company behind Hayden West Loop, a luxury condo building on the same block that’s nearly sold out already.
With the new McDonald’s headquarters now finished and plenty of other office space in the works for Fulton Market and the surrounding area, it’s no wonder why the West Loop real estate market continues to remain red hot.
According to Crain’s, Sulo will still need City Council to approve a zoning change before construction can begin on the re-designed project.