The topping off of 160 N Morgan, Sterling Bay’s first residential structure in Fulton Market in California, was recently celebrated. The Sterling Bay and Ascentris project is situated between the CTA Morgan L station and W. Randolph St.
The development is designed by bKL Architecture and built by BOWA Construction, and Walsh Construction. CIBC Bank USA funded the implementation of the project which began in April 2022.
Pre-leasing will start in July, and tenants should receive their first deliveries in September.
An overview of the 160 N Morgan, the 1st residential building at Fulton Market in California
160 N Morgan, the 1st residential building at Fulton Market in California features 282 apartments. A total of 28 apartments (approx 10% of the entire apartments) will satisfy the ARO requirement of 20% affordable units.
The 28 apartments will have a mix of 9 convertibles, 6 studios, 8 one-beds, 4 two-beds, and 1 three-bedroom unit. $5.26 million will be given to the SL Solar Lofts at 2548 S Federal Street in the South Loop as a fee in place of the remaining units.
The development will provide tenants with 153 bike parking spots and 89 automobile parking spaces, the building will feature 2,600 square feet of retail space on N. Morgan Street. Tailored to the young, professional workforce in the area, both an outdoor rooftop pool deck with cabanas and an amenity terrace with fireplaces, bar seating, and grill stations are available at 160 N. Morgan.
Also, residents will benefit from a state-of-the-art fitness center, an outdoor fitness deck, and a training room for private and group sessions. A resident lounge, a kitchen/bar area with industrial appliances, and coworking spaces. These spaces will have private meeting rooms are also provided in the interior communal spaces. Furthermore, a covered outdoor dog run and a pet washroom are available to dog owners.