Located in the heart of Chicago’s hot and rapidly-changing Fulton Market District, a run-down former meatpacker is ready to start its conversion into a new commercial development. Yesterday, the City of Chicago issued a $7 million renovation permit that will see the three-story brick and timber structure at 939 W. Fulton Market eventually reopen as office, retail, and—very likely—restaurant space.
Acquired by New York-based Madison Capital in 2015 in a four-property deal worth $27 million, the old industrial building will also add a green roof and elevated outdoor terrace. Designed by Chicago’s Hartshorne Plunkard Architecture, the adaptive reuse project commenced interior demolition earlier this year.
In other West Loop construction news, the nine-story condo development known as The Hayden just received a full build-out permit estimated at $38 million. Located near McDonald’s upcoming corporate HQ, the Booth Hansen-designed project at 1111 W. Washington Boulevard began foundation work in August. It will eventually be joined by an identical twin just around the corner at 19 N. May Street.
- Renovation/alteration permit at 939 W. Fulton Market [Chicago Cityscape]
- New construction permit at 1109 W. Washington [Chicago Cityscape]
- Previous West Loop coverage [Curbed Chicago]