A venture of development firm Moceri + Roszak is planning a 383-unit residential tower in Fulton Market.
Plans were filed for the 27-story building at the northwest corner of Randolph and Elizabeth streets, according to Crain’s. It wasn’t clear whether the property would be marketed as condos or rentals.
The move follows the development of Moceri + Roszak’s 214-unit, 26-story residential tower one block from Millennium Park. Called Parkline, that condominium and apartment tower at 60 East Randolph Street should be ready for occupancy in February, Crain’s reported.
For the new construction, Moceri + Roszak’s founders Thomas Roszak and Daniel Moceri are involved. Also on the project are Thomas’ brother, Matthew Roszak; and Daniel’s son, Michael Moceri, according to the report. The tower would be nearly 300 feet, and include 117 parking spaces.
In May, Alderman Walter Burnett, who had refused to change a policy that prohibited new residential projects in most of the Fulton Market, said he would lift the ban.
In September, Marquette Companies secured construction financing for two rental projects on the west end of the Fulton Market. [Crain’s] — Orion Jones