„ A New York-based developer has a deal to buy the largest remaining development site in Chicago’s Fulton Market district, which in recent years has emerged as the nation’s fastest-growing urban office market.
Thor Equities has a contract to buy the 2.7-acre site along Peoria and Wayman streets and train tracks on the northern edge of the former meatpacking district for more than $100 million, according to people familiar with the deal.
Thor Equities is considering building multiple towers on the site, which could include a mix of office and residential space, according to one of the people familiar with the deal. Current zoning for the site allows more than 1.3 million square feet to be built on the vacant land, and Thor could seek additional density from the city.“