“Modest” doesn’t describe much as far as development goes in the West Loop/Futon Market arena. But this one applies.
932 West Randolph is a modest mixed-use building going up on the corner of Randolph and Sangamon, replacing a modest MB Bank building. L3 Capital is the developer. Here’s what they have to say:
L3 Capital purchased the former MB Bank in October 2019 and immediately began the design and development process to replace the existing 13,351 square foot bank and adjacent parking lot with a 35,000 square foot mixed-use building with 10,000 square feet of prime retail space below two floors of boutique office. The brick and steel building, designed specifically to pay homage to the Fulton Market neighborhood’s industrial roots, will reuse the structural elements of the existing three-story bank to both reduce costs and construction waste. Construction is underway and the Property will be delivered in Q4 2021.
Here’s a modest gallery of construction photos: