Fulton Market’s skyline might be getting a fresh spike of steel. A new tower crane permit cleared on Thursday for the planned 33‑story east tower at 410 North Elizabeth, breathing life back into a two‑tower apartment project that has been lingering in permit limbo. The latest paperwork replaces an earlier crane authorization and suggests the development team may finally be gearing up to shift from bureaucratic wrangling to boots on the ground.
Chicago YIMBY reports that the permit was issued Thursday through the Chicago Data Portal after it cleared holds from both the Department of Planning and Development and the Department of Housing earlier this month. The outlet notes the new permit appears to supersede an older crane authorization and points out that foundation and full building permits have quietly shifted on and off the portal as filings for the project have been updated and revised.
Who’s on the job
According to Weldon Development Group, the property is being advanced as a two‑tower Fulton Market residential complex that is still officially in predevelopment. Contractor listings and a project page for Adjustable Concrete identify Clark Construction as the general contractor, with Adjustable Concrete handling on‑site concrete work and tower crane operations. Developer materials highlight sustainability features and a shared podium linking the two towers, although they stop short of offering a firm construction start date.
Project size and timeline
As laid out by Chicago YIMBY, the east tower is slated to hold roughly 384 rental apartments, while the west tower is planned for about 341 units, for a combined total of around 724 homes across the site. Plans call for a shared podium that would include approximately 300 parking stalls, about 2,000 square feet of retail space, and storage for 724 bicycles. If work proceeds at a steady clip, the east tower is expected to take about 20–24 months from the first shovel in the ground to the initial move‑ins.
Permits and the pipeline
Urbanize Chicago first spotted a tower crane authorization for 410 North Elizabeth in December 2024, and permit logs compiled by BuildZoom show a trail of related filings. Those include a caisson permit issued in June 2025 and earlier foundation and full‑building applications in 2024 that have appeared, been revised, or briefly vanished from the city’s online portal. That back‑and‑forth shuffle effectively left the project in an administrative holding pattern until this week’s fresh crane authorization, even as new development continues to crowd into Fulton Market all around it.
The developer’s project page still labels the work as predevelopment and does not provide a public construction schedule or any financing announcement, so neighbors looking for hard dates are out of luck for now. Even so, the newly issued tower crane permit is the clearest paper trail yet that 410 North Elizabeth is still alive in the pipeline and could soon tip from quiet permitting drama into visible construction once the crane is erected and foundation work begins.
