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Sterling Bay Wants To Bring Its 10th Building To Fulton Market: A 14-Story Office Tower

The developer will tell neighbors about its plan at a meeting Wednesday at the Ace Hotel.

The existing building at 1200 W. Carroll Ave.
Mauricio Peña/ Block Club Chicago
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FULTON MARKET — Sterling Bay wants to build another office building in Fulton Market.

The prominent developer aims to build a 14-story office building at 1200 W. Carroll St. They will share details on the plan at a community meeting at 6 p.m. Wednesday in Ace Hotel’s Mahoney Room, 311 N. Morgan St. 

The 227-foot-tall building designed by Gensler Architecture would add 485,000 square feet of office space to the area and would also include retail, according to Julie Gouldie, a Sterling Bay spokeswoman. The plan also calls for 90 parking spaces to be developed on site, according to a zoning application.

A warehouse is currently located at the site and the developer is seeking a zoning change.

Credit: Mauricio Peña/ Block Club Chicago
1200 W. Carroll Avenue

Ryan Companies and partner IBT Group, plan to build two office towers, 18 and 14 stories tall, at 1200 W. Fulton Market just north of Sterling Bay’s Carroll site.

If approved, the office tower would be their 10th building in Fulton Market. The new property was purchased for $22 million last year, Crain’s reported. 

Last fall, the developer received city approval to build an 18-story office tower at 1000 W. Carroll Ave. and an 11-story office building at 345 N. Morgan St. in the neighborhood.

RELATEDSterling Bay Gets Key Approval To Build 2 More Office Buildings In Fulton Market

The developer is currently working on three other office towers, too: a 20-story building at 330 N. Green St.; a 19-story building at the old Coyne College parking lot, 333 N. Green St.; and a 21-story building at 360 N. Green St.

Sterling Bay previously developed Google’s Midwest headquarters and built McDonald’s corporate headquarters in the neighborhood.

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