The Fulton Market District is preparing to shed yet another of its long-time food wholesalers for which the neighborhood owes the “market” portion of its name. According to Crain’s, Isaacson & Stein Fish Company is cashing out after nearly 60 years at the northwest corner of Fulton and Halsted as this once industrial neighborhood solidifies its position as a trendy new hub for retail, dining, hospitality, and high-tech jobs. The third-generation seafood distributor has sold its properties at 800 and 810 W. Fulton Market to Chicago-based developer R2 Companies for a reported $9 million.
Located mere feet from the light-up Fulton Market neighborhood gateway sign, the site will be redeveloped into new, multi-level flagship retail space. Working with architecture firm Gensler, R2 plans to demolish and replace the two-story masonry structure at the corner as well as rehab the attached four-story building to the west. The completed project is expected to deliver a combined 26,000 square feet of new retail space as well as an outdoor rooftop deck. Isaacson & Stein will stay put through the end of this year before redevelopment is anticipated to begin.