Chicago Plan Commission Approves 1200 W Carroll Avenue Fulton Market

This post summarizes the Chicago Plan Commission’s approval of a new mixed-use residential tower at 1200 West Carroll Avenue in Fulton Market.

It explains the project’s scale, design team, program components, public amenities, and the development timeline.

Project overview and background

The Plan Commission cleared a proposal from TR Management + Consulting to develop a 29-story, 312-foot residential high-rise at North Racine Avenue in Fulton Market.

This plan replaces an earlier office project by Sterling Bay that was abandoned after the site changed hands in 2024.

Key building statistics

Below are the main facts and program elements that define the scheme.

• Height and massing: 29 stories, 312 feet tall.
• Units: 397 residential units, with 80 designated as affordable housing.
• Retail: 16,000 square feet of ground-floor retail in the podium.
• Parking: A podium-level, 154-space garage.
• Amenities: Outdoor deck above the podium with pool, dog run, and other resident amenities; private balconies and a rooftop terrace.
• Additional structures: A smaller north building with a terrace and a public green space at the corner.
• Cost and schedule: Estimated development cost of $188 million; construction slated to begin in early 2026 and complete in 2028, subject to City Council approval.

Design, public realm, and amenities

Thomas Roszak Architecture is the design architect for the project.

The design balances residential density with on-site open space and active ground-floor uses.

Retail and parking are concentrated in a podium, allowing the tower to focus on residential units and vertical articulation.

Public green space and placemaking

The corner of the site will feature a planned public green space with trellises, seating, and a lawn.

This space provides visual relief and informal programming opportunities, improving pedestrian access to the block.

Such pocket green spaces help mediate the transition from busy Fulton Market streets to quieter residential entrances.

Residential experience and amenity strategy

The project prioritizes resident amenities both vertically and horizontally.

Private balconies and a rooftop terrace provide outdoor access at different levels.

The podium deck includes social and recreational facilities, such as a pool and dog run, close to the street but separated from pedestrian traffic.

Affordable housing and neighborhood impact

With 80 units set aside as affordable, the development responds to zoning and policy pressures in Fulton Market.

This contribution can be a model for other infill developments balancing market-rate returns with public policy goals.

Timeline, approvals, and what to watch

The Plan Commission approval is a major milestone. The project still requires City Council sign-off before permits and ground-breaking can proceed.

If approvals remain on schedule, construction would begin in early 2026. The project is expected to wrap up by 2028 at an estimated $188 million cost.

This site is transitioning from an earlier office concept by Sterling Bay to a residential tower by TR Management + Consulting and Thomas Roszak Architecture. This shift shows how Fulton Market continues to evolve.

The project is an example of high-density infill that aims to balance street-level activity and resident amenities within a limited urban space.

 
Here is the source article for this story: Plan Commission Approves 1200 W Carroll Avenue In Fulton Market