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Shapack scales down its usual scope with new Chicago apartment project

Developer is known for reshaping fast-growing Fulton Market
Shapack Partners and KMW Communities plan an apartment building with up to 79 units at 450 N. Morgan St. in Chicago. (Eckenhoff Saunders)
Shapack Partners and KMW Communities plan an apartment building with up to 79 units at 450 N. Morgan St. in Chicago. (Eckenhoff Saunders)
CoStar News
July 29, 2025 | 7:44 P.M.

One of the Chicago developers that helped propel Chicago’s Fulton Market into the city’s hottest real estate market is teeing up a new project just north of the former meatpacking district.

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