Illinois Institute of Technology has leased approximately 34,295 square feet in Trammell Crow Company’s (TCC) Fulton Labs innovation hub in Chicago’s Fulton Market District, joining a roster that includes Portal Innovations and the Chan Zuckerberg BioHub. 400 North Aberdeen will mark the university’s first off-campus move to a commercial research hub, which it will occupy in Fulton Market by late summer of 2024.
“As the first academic institution to be part of this hub of innovation at Fulton Labs, we’re not only setting the pace but also fortifying a diverse and thriving innovation ecosystem,” said Illinois Tech provost Kenneth Christensen.
Dan Lyne of CBRE represented TCC, while Max Zwolan and Scott Brandwein of JLL represented Illinois Tech. Perkins&Will designed Illinois Tech’s space at the building. Power Construction is the general contractor of the project.
Fulton Labs will be joined in 2024 by TCC’s Evanston Labs and Hyde Park Labs.