Pearl Fulton Market just took a big visual step toward the finish line. The 32-story shell at 370 North Morgan in Fulton Market has started shedding its signature hardware, with crews taking down the tower portion of the site’s construction crane. The move follows the building’s topping out earlier this spring and marks a shift from heavy exterior lifts to the slower, less glamorous work of facade and interior finishing. For neighbors keeping score from the sidewalk, it means the project is now in its final stretch before retail, amenities and apartments start opening to tenants.
Photos Catch Crane Tower Coming Down
Photographer Daniel Schell captured the action as Chicago YIMBY reported on May 11 that crews had removed the tower section of the crane, leaving only the main rig components on site. That report notes the glass curtain wall is already up through the 24th floor and that brick cladding on the podium is complete or very close to it. Chicago YIMBY also tracks the project’s timeline, with ground breaking in June 2025 after the former Fox Deluxe facility was demolished in October 2024.
Topping Out And Who Is Behind Pearl
Developer VISTA Property and general contractor Skender topped out the tower in March. The contractor’s update lists Pearl Fulton Market as a 539,000-square-foot project that will bring 494 rental units, including 99 income-restricted apartments. Skender also lays out an amenity lineup that ranges from a 30th-floor pool deck to coworking spaces, and notes that leasing is expected to begin in January 2027, with first move ins anticipated in spring 2027. Antunovich Associates is credited as the architect, with Luxury Living handling marketing and leasing.
With Crane Tower Gone, Work Moves Inside
Now that the tower portion of the crane is off the skyline, crews can zero in on finishing the curtain wall, installing MEP systems and completing lobby and amenity spaces. The development’s official site lists leasing in 2027 and highlights the building’s high-profile corner at Morgan and Kinzie. As that work ramps up, expect more visible street-level changes as sidewalks are finished and storefronts get prepped for future tenants. For neighbors and would-be renters, the next big signs of progress will be a fully glazed facade and the opening of on-site leasing offices.
What Pearl Adds To Fulton Market
The 494-unit Pearl tower ranks among the larger residential additions to Fulton Market in recent months, bringing new housing and ground-floor retail to a district that has been rapidly densifying. Urbanize Chicago and other local trade coverage place Pearl alongside several towers that have topped out or risen this year, collectively reshaping the West Loop skyline. The arrival of nearly 500 apartments will test how the neighborhood’s growing housing supply, transit access and retail demand balance out once the building comes online.
What Happens Next
Over the coming months, crews are slated to dismantle the remaining crane hardware, install the last rows of glass and wrap up interior systems and amenity buildouts ahead of leasing. Skender describes Pearl as the “first step in a 1,500-unit master plan” for the site and calls the tower one of the larger developments currently under construction in Chicago. Neighbors can expect a steady stream of permitting notices, facade milestones and leasing updates through late 2026 as the team lines everything up for a 2027 rollout.
