McHugh Construction announced the topping off of two rental towers this summer that will add 693 apartments next year to Chicago’s Fulton Market and Fulton River Districts, two of the fastest-growing submarkets in the city. The 28-story 225 N. Elizabeth for Chicago-based Sterling Bay topped out July 6, and the 33-story Cassidy on Canal at 350 N. Canal St. for Chicago-based The Habitat Company is scheduled to top out at the end of July.
225 N. Elizabeth: 225 N. Elizabeth St., Chicago
Located at the corner of Elizabeth and Fulton streets, the 28-story mixed-use tower in Fulton Market is being developed by Sterling Bay and Denver-based Ascentris. Hartshorne Plunkard Architecture designed the building to complement the industrial character of the neighborhood, calling for a glass façade accented with black metal panels. McHugh Construction is serving as general contractor, and McHugh Concrete is the concrete subcontractor.
The 304-foot-tall building will feature 350 residential units and approximately 10,000 square feet of ground-floor retail. The unit mix will include 67 studios, 207 one- and 76 two- and three-bedroom apartments. To meet Chicago’s 20% ARO requirement, 70 units will be designated as affordable up to 60% AMI.
Third-floor amenities will include a resident lounge and fitness center, a nearly 27,000-square-foot terrace with four exterior kitchens, fire pits, outdoor dining areas, a large pool and a dog run. The building’s parking garage will accommodate 95 vehicles and approximately 200 bicycles. Construction is scheduled to be completed in summer 2024.
225 N. Elizabeth isn’t the first project McHugh built for Sterling Bay. In 2018, McHugh and ECI Executive Construction Inc. completed the $250 million, nine-story McDonald’s Global Headquarters in Chicago’s West Loop for the developer.
Cassidy on Canal: 350 N. Canal Street, Chicago
Located at 350 N. Canal St. in Chicago’s Fulton River District, Cassidy on Canal will be a 33-story, mixed-use 343-unit rental tower with first-floor retail space. It is being developed by Chicago-based The Habitat Company and Diversified Real Estate Capital, LLC, and was designed by Solomon Cordwell Buenz.
In mid-July, construction of the floor-to-ceiling glass tower had nearly reached the top floor, with the facade being installed shortly after each concrete floor was poured by McHugh Concrete. In a nod to the site’s rich history, bricks from the former Cassidy Tire building were used as a baseline for selecting bricks for the new structure.
The 355-foot-tall tower will offer studios and one- and two-bedroom units, with private balconies in select residences. The fifth-floor amenity space will include a fitness center, game room, various club rooms, coworking center, spa with sauna, steam and whirlpool rooms, swimming pool with cabanas, a north and south sun deck, grilling areas, fire pits, cool weather heaters, and dining areas on each deck surrounded by richly landscaped grounds. The building’s garage will offer 123 parking spaces, a bike room and 185 additional bike parking spaces on the ground floor. First resident move-ins are anticipated for Spring 2024.
In addition to Cassidy on Canal, Habitat selected McHugh and Bowa Construction to be its general contractors for several other major developments currently underway, including mixed-use projects 43 Green in Bronzeville and Ogden Commons in North Lawndale.
