After securing $233 million in construction financing just last week, developers Fulton Street Cos. and JDL Development are wasting no time getting shovels in the ground for Chicago’s newest office development at 919 W. Fulton. Planned for a rectangular site along N. Sangamon St spanning from W. Fulton St to W. Lake St, the project scope also includes an existing building at 910 W. Lake that will be reworked.
As a rare accomplishment amidst waning demand for office space, the 400,000 square foot building is set to become home to the headquarters of Harrison Street Real Estate Capital, who will occupy 112,000 square feet of space in the 11-story building. On the ground floor, Gibsons Restaurant Group will occupy 15,500 square feet of the planned retail space. 65 car parking spaces will be included in an underground parking level.
Designed by Morris Adjmi Architects and FitzGerald, the 11-story building features a facade that was designed to fit into the historic context and exhibits a series of notches and setbacks as it rises to reduce its visual impact on the historic Fulton-Randolph Market District that it will sit within. Originally planned to connect to the residential building at 910 W. Lake and convert it into more office space, the revised scope of the project will leave the existing building as apartments due to the stronger demand for residential.
With this foundation permit issued, general contractor Skender Construction can begin below-grade construction, including excavation work and mechanicals underground, and work on the partial superstructure up through level five. Further permits will allow the construction to continue through completion, which is targeted for 2025.