Another demolition permit issued for 1200 W. Fulton

Another demolition permit has been issued for the massive development at 1200 W. Fulton, this time for a one-story structure at 1230 W. Fulton. Proposed by Chicago-based Fulton Street Cos, the $600 million development scheme would be located at the northwest corner of W. Fulton St and N. Racine Ave.

With preliminary details revealed back in 2022, the massive 1.5-million-square-foot plan calls for office and lab space, apartments, a hotel and a big fitness center in the bustling Fulton Market District. As their largest project to date, Fulton Street Cos. is teaming up with Harrison Street Real Estate Capital, Waterton, and Shanna Khan to finance and manage the project. 

With a design led by Hartshorne Plunkard Architecture, the development will deliver 500 apartments and 200 hotel rooms in the roughly 50-story tower, expected to rise approximately 600 feet. A second building of 25 floors will encompass 500,000 square feet of office space. The final structure will contain 200,000 square feet of life sciences office and lab space across 10 floors. The developers also plan for a fitness center spanning 200,000 square feet, but where that space will be located is unclear. Morris Adjmi Architects will be consulting on the project’s design.

Since the reveal in 2022, the developers have been silent on any potential progress on the future development. As a new proposal, the project still needs to go through multiple steps before construction could begin. The development has yet to go before the city for a zoning review, with no hearings or community meetings scheduled as of yet. 

Despite that, Fulton St. Cos is moving forward with clearing the site. After the first demolition permit was issued in March, Atlas Industries cleared the corner building from the site. During Urbanize’s tour of Sterling Bay’s 225 N. Elizabeth in mid-May, photos showed the site cleared except for a few piles of debris and construction fencing around the development site. With an additional demolition permit for 1230 W. Fulton, Atlas Industries can continue clearing the property to make way for the future project.