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New details have been revealed about the mixed-use development at 1200 W Carroll Avenue in Fulton Market. Located at the corner of N Racine Avenue, the plans represent a significant shift from the previously proposed stacked-box commercial structure. A new zoning application was submitted by TR Management + Consulting (TRMC) earlier this month.

Our last coverage of the site was in 2021, when demolition of the previous building began. At that time, the previous developer, Sterling Bay, was still planning a 14-story, 227-foot-tall office tower on the lot. However, in 2024, they hired CBRE to sell the property. Now, TRMC is under contract to purchase the site.