VISTA Property Tops Out Chicago Luxury High-Rise
The developer broke ground on the 494-unit project last August.
VISTA Property has topped out on its 32-story luxury multifamily project in Chicago. The development—dubbed Pearl Fulton Market—is expected to start welcoming residents next spring. Leasing at the luxury high-rise is scheduled to start in January 2027. Other names working on the project include general contractor Skender, design firm Antunovich Associates and leasing company Luxury Living.
Pearl Fulton Market rises 32 stories at 370 N. Morgan St. All renderings by Bogza Inc., courtesy of Antunovich Associates 
Pearl Fulton Market is scheduled to house its first residents in spring 2027. 
The property will feature upscale residences with studio, one- and two-bedroom layouts. 
Shared amenities at the high-rise will include a fitness center. 
The development will feature a coworking area. 
Antunovich Associates designed Pearl Fulton Market paying tribute to Mies van der Rohe’s architectural style.
VISTA Property broke ground on the 494-unit project in August 2025, Urbanize Chicago wrote at the time, after the demolition of a single-story Fox Deluxe Foods building the prior year. The development is the first phase of a 1,500-unit master-planned community.
VISTA is no stranger to the Chicago market. The company’s current footprint in the area includes 13 assets, out of which five are multifamily, according to the company’s website.
A closer look at Pearl Fulton Market
Pearl Fulton Market will feature 99 affordable units. Overall, it will include studio, one- and two-bedroom layouts. Shared amenities at the 539,000-square-foot development will include a pool deck on the 30th floor, a yoga terrace, a fitness center, coworking spaces and private event and dining rooms. Additionally, the tower will include a four-level parking podium with 190 spots and 4,500 square feet of ground-floor retail space.
Located in Chicago’s Fulton Market District at 370 N. Morgan St., the future community is less than 2 miles northwest of downtown, near Interstate 90.
Chicago multifamily construction keeps track
Chicago’s multifamily market had 10,586 units under construction as of November 2025, according to a Yardi Matrix report. The metro’s volume of construction starts seems to have slowly returned to pre-pandemic averages, with developers breaking ground on 4,964 units across 26 properties in the first 11 months of last year.
Nationwide, also, the multifamily construction pipeline is expected to slow down somewhat in 2026, yet remains steady, as construction costs stabilize and expense growth outpaces inflation.
