West Loop Welcomes New Development as Time Out Market Announces Transition Plan

By Socialhood News · Il/Chicago/West Loop · January 23, 2026

The West Loop is set to undergo another transformation with the Chicago City Council approving plans for the redevelopment of the three-building property at 900 West Fulton Market. As Time Out Market prepares to close its doors on January 23 after operating in the neighborhood since 2019, the building's owners are already exploring exciting new possibilities for the 50,000-square-foot space.

Developer Midwest Property Group will rehabilitate the two outer buildings at 900 and 910 W. Fulton while replacing the middle structure with a new five-story building. The unified development will create three ground-floor storefronts and approximately 29,000 square feet of commercial space, bringing fresh retail and office options to this vibrant section of Fulton Market. The project represents another step in the neighborhood's evolution from its industrial roots to a dynamic mixed-use district.

Meanwhile, in other development news, the Chicago Plan Commission has approved a significant mixed-use project at 1060 West Van Buren Street. Led by F&F Realty, the proposal includes redeveloping the existing Universal Overall Co. lofts building and constructing a new 27-story tower. The development will add 325 apartments to the area, with 65 units designated as affordable housing, further expanding West Loop's residential options. West Loop residents interested in these projects can attend upcoming community meetings to learn more about these exciting additions to the neighborhood.

Sources:
1. https://chicagoyimby.com/2026/01/mixed-use-redevelopment-of-900-w-fulton-market-approved-by-city.html
2. https://www.chicagobusiness.com/restaurants/time-out-market-closing-chicagos-fulton-market
3. https://chicagoyimby.com/2026/01/plan-commission-approves-high-rise-redevelopment-in-west-loop.html