Chicago has issued a $106 million building permit for a 16-storey laboratory building at 400 N. Aberdeen St. in the Fulton Market area. (The project has a reported overall $250 million value.)
Published reports say the developer is Trammell Crow Company though the owner on the permit issued on Sept. 10 is Zoe Life 400 Aberdeen, LLC.
General contractor Power Construction is building the structure, which the permit says is for “New construction of a 16 story office building with no basement, to include parking on levels 2 and 3 as per plans.”
Contract Pharma reported that the building will have the name Fulton Labs, “a laboratory facility that is being developed to help solve chronic lab space shortage throughout the Chicago region.”
The 423,454-sq. ft. structure will include 12 floors of advanced wet and dry lab space. “The facility is designed to offer researchers the flexibility they need with features like column-free and long-span layouts and lab space that meets VC-A vibration criteria, which is important for researchers as they strive for reproducible results,” the publication reported.
“Illinois is home to a massive biopharma concentration, one of the largest tech talent pools in the United States, and some of the best research universities on earth,” Gov. JB Pritzker said in a statement. “I’m committed to building an Illinois economy that creates jobs and expands access to prosperity – and the life science industry is a critical asset to that vision. Fulton Labs brings over 400,000 sq. ft. of best-in-class lab facilities to Illinois, and I’m proud to welcome this expansion to our biotech ecosystem in this critical moment for innovation in the life sciences and healthcare.”
Subtrades working on the project include: Electrical – Shamrock Electric Co., Inc; masonry – Adjustable Forms Inc.; plumber/plumbing – DW Mechanical Group Inc.; and refrigeration, ventilation and mechanical – AMS Mechanical Systems.