New 494-Unit High-Rise to Bring Affordable Apartments to Chicago

The groundbreaking at 370 N. Morgan initiates construction on a 32-story, 539,000-square-foot mixed-use tower featuring 494 rental units and extensive amenities.

Shruti Saraogi
Written By Shruti Saraogi
News Writer
Annesha
Edited By Annesha
Managing Editor
A rendering of 370 N. Morgan (Source: vistaprop.com)

Vista Property has broken ground on a 32-story residential tower at 370 N. Morgan Street in Chicago’s Fulton Market, with Skender onboard as general contractor. Designed by Antunovich Associates, the 539,000-square-foot property will feature 494 units, including 99 affordable housing units.

Highlights

  • The site at 370 N Morgan in Fulton Market has officially completed its groundbreaking.
  • The multifamily tower will offer 494 apartments along with a wide range of upscale amenities.
  • A podium garage spanning the second to fourth floors will accommodate 191 vehicles.

Ground Breaks at 370 N. Morgan MXU Tower

Vista Property at the groundbreaking (Source: skender.com)

A recent groundbreaking ceremony kicked off construction on the 32-story mixed-use tower, hosted by developer Vista Property and contractor Skender. The building will offer studio to two-bedroom floor plans.

Drone view of the project upcoming at 370 N. Morgan (Source: vistaprop.com)

Vista Property is a privately held, family-owned real estate investment firm affiliated with the CATAL Group. Ark Latt, Chief Development Officer, said, “This 494-unit building marks an exciting milestone for our team—our third major ground-up development in Chicago and the first step in a 1,500-unit master plan that will transform this site over time.”

Antunovich Associates is designing the 539,000 sq ft building that includes 494 rental apartments, 99 of which will be affordable under the Affordable Illinois program. Since its founding in 1990, Antunovich Associates has offered architecture, planning, and interior design expertise.

Chicago-based Skender provides end-to-end construction services as a full-service builder. Alex Panici, Vice President, said, “It’s a privilege to bring an exciting new build and new environments for living and working to Fulton Market—and we’ve enjoyed having a front-row seat for the area’s transformation.”

Building’s Design and On-Site Amenities

Rendering of the atrium (Source: vistaprop.com)

Set among low- and mid-rise buildings, 370 North Morgan will stand out on the Fulton Market skyline with expansive views enhanced by floor-to-ceiling windows.

The Mies van der Rohe-inspired design incorporates setbacks on all sides to enhance light, airflow, and street-level appeal.

Rendering view of the lobby (Source: vistaprop.com)

The ground floor will house a residential lobby, leasing offices, and about 4,500 sq ft of retail space. A podium spanning floors two to four will provide 192 parking spaces, 20% of which will be equipped with electric-vehicle charging stations.

Outdoor amenities on the 30th floor will include a pool deck, fire pits, grilling stations, and a yoga terrace. Interior common areas will feature a full-service fitness center, co-working spaces, a lounge, private event and dining rooms, a golf simulator, and additional gathering spots.

A landscaped plaza at the intersection of Kinzie and Morgan will frame the building’s entrance, which features dark metal panels and full-height windows above a brick-faced parking podium.

Construction Milestones

Rendering of the property facade at 370 N. Morgan (Source: skender.com)

Demolition began in late 2024, clearing the site of the former single-story Fox Deluxe Foods warehouse. Skender, in June this year, started drilling caissons to support the new residential structure.

On-site with their drilling rigs, Stalworth Underground began drilling under a permit issued on May 23. DeSimone serves as structural engineer, while Skender handles the MEPFP scope under a design-build contract.

Rendering showcasing 370 N. Morgan fully illuminated (Source: skender.com)

Deep foundation work kicked off in late May 2025, and the project is scheduled for completion in Q2 2027.

Fulton Market has emerged as one of Chicago’s hottest neighborhoods for new office, hotel, and residential development. In recent years, this single neighborhood has experienced a rapid surge in development activity.

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Shruti Saraogi is a detail-driven writer who specializes in crafting clear, engaging content with editorial precision. At WhatNow, she brings sharp news judgment and a minimalist lens to local news coverage. With a background in blog writing and digital storytelling, Shruti blends strong research with narrative clarity to inform and connect readers. Passionate about sustainability and thoughtful consumption, she approaches ideas with curiosity, empathy, and purpose.
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