Community Groups Still Concerned About Height With Related Midwest's Fulton Market Condo Tower Plan
Two influential Fulton Market community groups remain concerned about the height of a plan by Related Midwest to build a 495-foot-tall condo tower in the heart of the neighborhood, Crain's Chicago Business reports. This is the latest setback for Related to get the project moving forward.
The groups, Neighbors of West Loop and West Loop Community Organization, contend the building is too tall and out of character with existing architecture. Originally planned to top out at 51 stories, Related and its partner in the project, Tucker Development, scaled the proposal for 170 North Green to 43 stories. WLCO, in particular, recommends the building be no taller than 200 feet.
When Related Midwest unveiled the original proposal in January, it said it believed its Chicago track record would work in its favor, and that a master development plan for the West Loop encouraged taller, thinner buildings and substantial setbacks, allowing for more air, light and views.
Related is one of several developers looking to enter Fulton Market as the area matures as an office market. Related is also one of Chicago's busiest developers with projects like the Lathrop Homes redevelopment, One Bennett Park, the 78 and 400 Lake Shore Drive, a $1B, two-tower development on the Chicago Spire site.
Related Midwest has an even taller project proposal in Fulton Market. The firm wants to build a 58-story tower at 725 West Randolph, which would be home to an Equinox Hotel.