Fulton Market
Description
Chicago’s Epicenter of Innovation and Flavor — Urban Chic with a Bit Of Metal Industrialism Located in Chicago’s West Loop, Fulton Market has transformed from a gritty, meatpacking district into an energetic, mixed-use neighborhood that is synonymous with cutting-edge dining, upscale retail and creative business ventures. It’s the sort of place that still maintains its hardcore attitude, only now it is repackaged as “cool.” This eclectic corridor is home to national chains, popular restaurants and boutique retailers, offering a dynamic mix that attracts both locals and visitors. Anchored by diverse tenants, Fulton Market thrives as a seven-day-a-week destination, supported by a strong blend of residential, office and hospitality developments. The Fulton Market Experience The historic roots of Fulton Market date back to the late 19th century when it was the hub of Chicago’s meatpacking industry. Recent additions like Prince Street Pizza and Voodoo Doughnut add flavor to the area’s ever-evolving offerings, while landmark hotels like Soho House, Nobu and The Hoxton Hotel enhance its day-and-night appeal. During warmer months, Fulton Market takes on a festive air as the street between Green and Peoria is closed to vehicular traffic, creating a pedestrian-friendly zone for al fresco dining and a leisurely stroll. Fulton Market stands out as one of Chicago’s few true seven-day-a-week destinations. The area is home to major corporate offices, including Google, McDonald’s and Mondelez International, which contribute to a vibrant daytime economy. At night, the neighborhood transforms into a playground of nightlife and trendy restaurants, making it a fun spot that caters to both business and leisure. Chicago’s Epicenter of Innovation and Flavor — Urban Chic with a Bit Of Metal Industrialism Located in Chicago’s West Loop, Fulton Market has transformed from a gritty, meatpacking district into an energetic, mixed-use neighborhood that is synonymous with cutting-edge dining, upscale retail and creative business ventures. It’s the sort of place that still maintains its hardcore attitude, only now it is repackaged as “cool.” This eclectic corridor is home to national chains, popular restaurants and boutique retailers, offering a dynamic mix that attracts both locals and visitors. Anchored by diverse tenants, Fulton Market thrives as a seven-day-a-week destination, supported by a strong blen...Read more
Local Expert Analysis
Market Positioning and Financial Metrics Ranked among the top 10 high streets in the Chicagoland Metropolitan Statistical Area (MSA), Fulton Market is highly sought after by brands entering the Chicago market for the first time. While not typically considered a flagship destination, its mix of food, retail, and nightlife makes it an attractive choice for retailers looking for a multifaceted environment. Gross rents range from $100 to $150 per square foot, making it relatively affordable compared to other high-profile streets like Oak Street or Rush Street. The vacancy rate, estimated at 10-15%, reflects both high turnover and strong interest as the area continues to grow. Customer Demographics and Foot Traffic The primary customer base includes young professionals, tourists, and high-income individuals, all drawn by Fulton Market’s blend of retail, dining, and nightlife. Foot traffic is high during the day due to the presence of corporate offices and remains elevated into the weekend, making it one of Chicago’s busiest districts. This consistent flow of people across different times of the day and week underscores its appeal as a well-rounded destination. Future Trends and Market Outlook The outlook for Fulton Market is highly positive, with a steady pipeline of mixed-use developments expected to enhance its live-work-play environment. As new office spaces and residential units are completed, the area will likely attract more retail and dining options, further reinforcing its reputation as one of Chicago’s most dynamic neighborhoods. Its unique ability to blend historic charm with modern retail makes it a standout in the city’s retail landscape. Conclusion Fulton Market’s transformation from a historic meatpacking district to a moving and spunky retail, dining, and business center. With its blend of trendy boutiques, 5 star Google renowned restaurants, and buzzing nightlife, it offers a multifaceted urban experience. As it continues to attract new tenants and developments, Fulton Market remains one of the area’s top destinations for retailers looking to get in on the action. Fulton Market delivers a quintessentially Chicago experience, rich in both history and modern flair. Market Positioning and Financial Metrics Ranked among the top 10 high streets in the Chicagoland Metropolitan Statistical Area (MSA), Fulton Market is highly sought after by brands entering the Chicago market for the first time. While not typically considered a flagship destination, its mix of food, retail, and nightlife makes it an attractive choice for retailers looking for a multifaceted environment. Gross rents range from $100 to $150 per square foot, making it relatively affordable compared to other high-profile streets like Oak Street or Rush Street. The vacancy rate, estimated at 10-15%, reflects both high turnover and strong interest as the area continues to grow. Customer Demograp...Read more
New Developments
Fulton Market’s growth trajectory remains strong, with new retail arrivals like Madewell, Allbirds, and Lululemon further boosting its profile. Upcoming developments include the completion of the 919 W. Fulton office building, which will increase office density and introduce new attractions like a concept from Gibson’s Restaurant Group and a rumored Equinox Gym. Additional mixed-use projects at 170 N. May, 1201 W. Fulton, 1105 W. Carroll, 357 N. Green, and 220 N. Ada are set to shape the area’s continued evolution.