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This 494-unit groundbreaking stands out in Chicago, where multifamily construction lags demand

Vista Property kicks off 32-story tower with two more to follow
Vista Property has broken ground on a 494-unit apartment tower at 370 N. Morgan St. in Chicago's Fulton Market. (Antunovich Associates)
Vista Property has broken ground on a 494-unit apartment tower at 370 N. Morgan St. in Chicago's Fulton Market. (Antunovich Associates)
CoStar News
August 6, 2025 | 10:17 P.M.

A New York-based developer has broken ground on a 494-unit apartment tower in Fulton Market, a relatively rare instance of a large-scale multifamily project under construction in Chicago despite rent growth in the city outpacing most of the country.

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