The first wave of major development in the Fulton Market neighborhood is coming to an end, but a new one is just beginning. Sterling Bay set off the development explosion when it bought 1000 West Fulton, a cold storage building that towered over the once-industrial area west of the Loop, in 2012 for $12M and by 2015 transformed it into 1KFulton, the regional headquarters of Google. The influential tech firm’s arrival signaled that Fulton Market had become a true office submarket. "That gave everyone the green light," Skender Vice President Clayton Edwards said.
January 23, 2019