Fulton Street Companies (FSC) has signed Gibsons Restaurant Group (GRG) to a 15,000-square-foot, ground floor lease at its now under construction 919 West Fulton St. in Chicago’s Fulton Market. The restaurant, whose concept has yet to be decided, will be Gibsons’ 13th location in the Chicago area when it debuts.
A savvy entrepreneur with an unyielding sense of community, Stephen Lombardo, Jr. has founded and operated restaurants since 1969. In 1989, Steve and his partner Hugo Ralli opened Gibsons Bar & Steakhouse, now a Chicago institution, and have continued to shape the city’s dining landscape ever since. Today GRG operates iconic hospitality concepts including Gibsons Italia, Hugo’s Frog Bar & Fish House, LUXBAR, and Quartino Ristorante & Wine Bar.
Located at the corner of Fulton Market and Sangamon Streets, 919 West Fulton St. is FSC’s new, 400,000-square-foot, 11-story office building. The property will capture the essence of the neighborhood with its factory style storefronts, architectural masonry, and large outdoor terraces on each floor. It will feature modern indoor/outdoor amenities such as state-of-the-art conferencing center, a 24/7 health club, and tenant lounge, as well as 40,000 square feet of ground floor retail. Delivery is expected Q1 2025.
Fulton Street Companies was founded in 2017 by Najem and partner Ross Babel and specializes in the development and redevelopment of iconic properties with iconic brands in Chicago’s hottest neighborhood, Fulton Market. Recent development projects include: 1100 West Fulton, a 45,000-square-foot office/retail property that is fully leased to Herman Miller 1045 West Fulton; a 150,000-square-foot office building, leased to Norton Rose Fulbright; and 1201 West Fulton 433-unit residential property.
Alex Najem and Ross Babel negotiated the lease directly with Gibsons Restaurant Group.