I've been keeping track of the amount of units proposed and U/C in Fulton Market from 2020-2021, thank to this map from a fellow forumer:
https://www.google.com/maps/d/viewer...638113428&z=14
In just the past 2 years, for the census region bounded by Halsted, Madison, Ashland, and Kinzie, there have been
7,027 units. Assuming a household size of 1.5 ppl, this would be about 10,540 new residents.
Even if there was a 50% slowdown in residential proposals over next 8 years, that would be
14,054 additional units on top of the existing 7,027. At the end of the decade, this would translate to over 31,000 new residents, with a density of almost
75,000 ppsm, by the end of the decade! For comparison, that's on par with the average density of Manhattan.
Do note, the downtown rental supply is still low while demand is high, and as Fulton St Co. have pointed out investors are
hungry for Fulton Market. The area could honestly exceed this rough estimate by the end of the decade. Fulton Market could