Sterling Bay, which specializes in redeveloping urban properties in emerging locations, said that it will work on the Fulton West development project in Chicago.
The project is located on the former MarchFirst Inc. site in Chicago’s Fulton Market. The property was acquired by Sterling Bay in January 2014.
Under construction when the consulting firm declared bankruptcy in 2001, the unfinished MarchFirst site has remained untouched – until now.
Sterling Bay will incorporate the partially built garage and foundation into the new office building that when complete will rise nine stories and total 290,000 square feet. It will feature about 790 parking spaces for the building and the neighborhood, a fitness center, indoor bike storage and large 38,000-sq-ft floor plates with generous bay spacing and high, exposed ceilings, Sterling Bay said in a statement.