chi-farpoint2605_Lobby_HR_0006 (2) The new lobby will provide all the amenities and comforts of downtown locations.

CHICAGO—Historic buildings in the River North area, along with those in emerging neighborhoods like Fulton Market, have provided the CBD with a great deal of creative office space. And companies that need to attract the millennial generation have responded, filling up lofts and pushing down vacancy rates. That success has led Chicago-based Farpoint Development to bring this development strategy to the suburbs.

Founded in 2016 by a group of principals from Sterling Bay, the firm perhaps most identified with the transformation of the once-industrial Fulton Market, Farpoint and its partner Greco/DeRosa Investments just purchased the 6300 North River Road building in suburban Rosemont. And they plan to transform the property, built in 1969, into something unique.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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