Fulton Market's Skyline Is About to Get Bolder: 29-Story Residential Tower Gets Green Light

By Socialhood News · Il/Chicago/Near West Side · March 5, 2026

Near West Side's booming Fulton Market district is reaching new heights — literally. The Chicago Plan Commission has approved plans for a striking 29-story, 347-unit residential tower at 215 North Racine Avenue, marking one of the most consequential development decisions the neighborhood has seen in years. The project, led by Chicago-based developer Domus Real Estate Group in collaboration with Archeo Design Studio, would replace a vacant mid-block lot on the neighborhood's western end with a 364-foot structure featuring a four-story podium clad in a perforated metal screen.

What makes this approval especially noteworthy is its scale: Domus secured the highest base-level density zoning the city offers — the same DX-16 designation used for downtown skyscrapers — a move that signals growing confidence in Fulton Market as a premier live-work-play destination. The project still needs City Council Zoning Committee and full City Council sign-off before breaking ground, but momentum is clearly on its side. Adding even more excitement for residents, a Trader Joe's has also been confirmed to open at the base of a nearby 27-story tower at 170 N. May Street, giving neighbors a coveted grocery option right in their backyard.

For Near West Side residents, these developments paint a picture of a neighborhood on the rise. Stay tuned to local planning meetings and community forums to share your voice in shaping Fulton Market's exciting future.

Sources:
1. https://chicagoyimby.com/2026/03/plan-commission-approves-215-racine-in-fulton-market.html
2. https://www.chicagobusiness.com/commercial-real-estate/fulton-market-high-rise-plan-moves-ahead-despite-objection
3. https://chicago.urbanize.city/neighborhood/fulton-market