Thor Equities has commenced above-ground construction of 905 W. Fulton Market in Chicago. Developed by Thor and designed by Hartshorne Pluckard Architecture, the building will encompass approximately 108,650 square feet of prime retail and office space. The project is scheduled to be completed in early 2019.
Located at the corner of North Peoria Street in Fulton Market, the five-level property will integrate a historic façade with modern design including open and efficient floor plates, as well as a landscaped terrace, green roof and approximately 300 feet of retail frontage. Mark Bâby and Ben Cleveland of Cushman & Wakefield are the exclusive office leasing agents for the property. George Stanchfield of Thor Equities is handling the retail leasing in-house.
“We are excited to begin construction of 905 West Fulton Market in the heart of the burgeoning West Loop area of Chicago,” said Joseph Sitt, CEO of Thor Equities. “The Fulton Market District in particular has evolved into one of the most sought-after neighborhoods in the city to live, work and play.”
Fulton Market is continuing its rapid transition from warehouses to office, retail, hotel and residential space. Recent additions to the neighborhood include ACE Hotel, Beatrix, Shake Shack and Punch Bowl Social. Retailers like Aesop, Free People, Lululemon and Anthropologie have also moved in, along with major corporate offices such as those for Google, Uber and the new global headquarters of McDonald’s.
Thor Equities owns prime real estate in cities throughout Europe, Latin America and the United States such as London, Madrid, Paris, Milan, Mexico City, New York, Miami and San Francisco. In Chicago, the company also owns 1003 West Fulton Market, 942 West Fulton Market, 800 West Fulton Market and 229 West Randolph Street in Fulton Market, as well as Palmer House Hilton and 36 South State Street in downtown Chicago.