Trammell Crow Co. has closed on the land that will be used to build Fulton Labs, a 423,454-square-foot facility at 400 N. Aberdeen St. in the Fulton Market District of Chicago. The company expects to break ground on the life sciences facility in July.
It will have 16 floors, with 12 floors of wet or dry lab space, dependent on the tenant’s needs. The lab space will be equipped for drug, chemical and biological testing as well as digital research and analysis. Also, it will have 35,000 square feet of amenity space, which will include a health and wellness center, a 190-person collaboration center, a rooftop fire lounge and two private balconies per floor.
Construction of Fulton Labs is slated for completion in fourth quarter 2021.
