Chicago’s hot Fulton Market District could soon welcome another boutique mid-rise office development, this time at the southwest corner of Lake Street and Racine Avenue. Dubbed ‘Twelve01West’ the glassy, seven-story project from local developer McCaffery Interests and architect Antunovich Associates has been issued a permit to begin construction.
Publicly discussed since 2015, the project changed its exterior design twice before settling on its current look. The final plan calls for 135,000 square feet of office space finished in raw concrete and floor-to-ceiling glass, nearly 12,000 square feet of street level retail, and a 45-car parking garage. Amenities include a tenant lounge, wellness center, bike room, and two outdoor terraces.
While the issuance of a foundation permit is a clear sign that the project is moving forward, don’t expect shovels to break dirt until the corner’s existing building first bites the dust. So far, the single-story commercial structure has yet to receive a demolition permit. According to McCaffery’s website, Twelve01West is expected to be delivered in the fourth quarter of 2018.
- New construction permit at 176 N. Racine Avenue [Chicago Cityscape]
- Proposed Fulton Market office development tweaks its design [Curbed Chicago]
- Twelve01West [McCaffery Interests]