Sterling Bay, in partnership with Ascentris, is proud to announce The Dylan, a new groundup, luxury living experience coming soon to Chicago’s Fulton Market. As Sterling Bay’s first residential development in the
neighborhood where the firm has developed over $3 billion in award-winning office, The Dylan will deliver 282 units of high end, modern living space designed to mirror the vibrant energy and character of the community.
Conveniently located adjacent to the Morgan CTA Station and Chicago’s world-famous Restaurant Row, The Dylan offers unparalleled sophisticated apartment living, thanks to Sterling Bay’s signature amenities and superior quality service. Tenants will enjoy rooftop fireplaces with lounge seating and grill stations, a 29th floor rooftop private pool deck with cabanas, a fitness center, on-site personal training rooms, outdoor fitness decks, co-working facilities, a private dog run and ground-level retail.
Designed by Chicago-based bKL Architecture, Harken Interiors, and Sterling Bay Design Studio, 160 N. Morgan features masonry and metal materials throughout, seamlessly blending into Fulton Market’s industrially inspired surroundings. In addition, commissioned wall art by Chicago-based artist Kate Lewis on the north façade and a mural on the underside of the covered terrace deck by local artist Emmy Star Brown will enhance the character of the building and make a bold statement to street-level passersby. Star Brown will also paint the lobby’s exposed pipes to add pops of color.
The Dylan will offer studio, convertible, one-bedroom, two-bedroom, and three-bedroom units. Each will offer a subtle continuation of the overall building aesthetic, with floor-to-ceiling windows, exposed architectural concrete ceilings, designer linear LED fixtures, terrazzo shower bases, quartz waterfall edge countertops, custom closets, and Delta fixtures throughout. Penthouse rental units located on the 28th floor feature chef’s kitchens, upgraded bathroom fixtures and wide-plank flooring.
While The Dylan is Sterling Bay’s first residential apartment building in Fulton Market, the firm marked the launch of its first-ever residential offering in October 2022, when Millie on Michigan opened its doors on Chicago’s famed Michigan Avenue. Since its debut last year, Millie on Michigan, located at 300 N. Michigan Ave., has leased its luxury residential units to nearly 80%, with over 95% tenancy expected by the end of this year.
The Dylan will meet the city of Chicago’s Affordable Requirements Ordinance, offering 28 units of on-site, income-based housing. The development also contributed nearly $6 million to fund the construction of affordable housing at SL Solar Lofts, a 47-unit multifamily project developed on Chicago’s South Side by 548 Capital, a local development firm founded by A.J. Patton.
Sterling Bay Property Management will oversee the management of The Dylan. The team has also partnered with Luxury Living—a leading brokerage specializing in high-end residential rentals—to facilitate leasing. The Dylan is expected to open pre-leasing this summer with move-ins anticipated this fall.