The development firm behind the high-profile office projects at 1K Fulton and 1330 W. Fulton is betting on continued commercial growth in Chicago’s hot West Loop as a previously announced project has recently increased in size to keep pace with new demand. In 2013 Chicago-based Sterling Bay purchased a 22,000-square-foot single story wholesale facility fronting the north side of Lake Street between Carpenter and Aberdeen from Cristina Foods Inc. for nearly $2.3 million. In its place, the firm had initially planned a five-story office structure dubbed 1056 W Lake, offering up to 120,000 square feet of build-to-suite office space plus ground floor retail.
Now, with the Fulton Market District experiencing unprecedented growth in the office, residential, and hospitality segments, Sterling Bay has upped the ante with new plans calling for a 13-story commercial development. Known by its address of 210 N. Carpenter Street, the project has seen its total square footage balloon to 218,000. Renderings show a roof garden and street-level retail topped by what appears to be just two-levels of garage parking, presumably to take advantage of the Morgan CTA station located 300 feet to the east. Occupancy is planned for late 2017/early 2018, according to SB’s website.
- 210 North Carpenter [Website]
- After Google deal, developer cooks up plans for nearby properties [Crain's]
- Previous Fulton Market coverage [Curbed Chicago]
- Previous West Loop coverage [Curbed Chicago]