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Tucker Development Acquires Fulton Market Portfolio

CHICAGO—The neighborhood is now a designated landmark, and ready to attract more retail and smaller offices to complement giant users like Google.

By Brian J. Rogal | brianjrogal | | Updated on February 05, 2016
The 900 block of West Randolph St. The 900 block of West Randolph St.

CHICAGO—On the heels of its designation as a city landmark, the Fulton-Randolph Market District has a new player ready to start work. Tucker Development, in partnership with Acadia Realty Trust, recently acquired ten buildings located on the 900 block of W. Randolph St. and plans to redevelop the portfolio into a mixed-use shopping, dining, and office hub. The redevelopment, which is slated for completion in the spring of 2017, will include about 90,000 square feet of space, split evenly between retail outlets and offices.

Last summer, the city council approved the recommendation of the city‘s Commission on Chicago Landmarks to designate most of the 800- to 1100-blocks of W. Fulton Market St., the 900-block of W. Lake St., and the 700- to 1000-block of W. Randolph St. as a landmark district. As a result, commission staff will review building permits related to the buildings‘ exteriors.

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