A new office building is headed to the Fulton Market District and will replace a narrow parking lot along Chicago's Restaurant Row. The eight story building at 730 W. Randolph Street recently got approval from the Neighbors of the West Loop (NOWL) according to Chicago Curbed.
The building was designed by Hirsch MPG Architects and will be a "contemporary take on a turn-of-the-century building." The all masonry structure will have a height of 126 feet and will include the following:
- Ground floor restaurant space
- Rooftop deck for office tenants
- Loading off the rear alleyway
Since this development will not require a zoning change from the city, work will begin relatively soon. A construction permit will be applied for this year and ground breaking is expected in early 2019.
In the mean time, across the street at 725 W. Randolph Street, an Equinox-branded hotel, health club and apartment tower is also expected to begin work in early 2019. The Roger Ferris + Partners designed skyscraper was approved for a height of 52 stories and 615 feet and will make it Chicago's tallest high-rise west of the Kennedy Expressway.
Per Neighbors of West Loop, the windows of this structure would wrap around the west and south side of the building. The height of the first two floors would match that of the adjacent buildings and the subsequent four floors would match that of the six-story building to the west. The ground floor of both the new and adjacent existing building would be restaurants.
According to Chicago Curbed, the once quiet West Loop and Fulton Market District have undergone a huge transformation in recent years. Development is surging forward at a blistering pace. Contact Databid today to find out how we can make your business grow. The neighborhood west of the Kennedy Expressway has evolved as a really hot place to work, live, eat, shop and stay. There are currently three 500 foot skyscrapers currently in development.
The West Loop is no longer just a place to grab dinner but rather a major economic powerhouse for the entire city.