By Adele Poudrier | October 20, 2016 | Home & Real Estate
With TLC from entrepreneur Marc Bushala, Morgan Manufacturing is becoming one of the booming Fulton Market District’s biggest success stories.
The building is the former home of Salisbury Electric.
“I thought it would take 10 years minimum to be where we are today, and it happened in three,” reflects Marc Bushala. During the recession, the MAB Capital Management managing partner had been on the search for the next emerging market in Chicago real estate when he discovered a vacant warehouse at Kinzie and Morgan Streets. What he once considered an “environmental industrial dump,” Bushala has recently transformed into Morgan Manufacturing, a thriving event space that now hosts more than 175 events annually (think Pandora’s Lollapalooza celebration and the Louis Vuitton America’s Cup World Series VIP kickoff party) while also providing a home to companies like Bucketfeet, Threadless, and Nansen.
“I’m happy to see the tenants come in and celebrate how the space was designed,” the Highland Park native says of the 86,000-square-foot building, which boasts exposed brick walls, factory-style windows (using reclaimed wood and steel), chandeliers crafted from motorcycle chains, and a rooftop terrace with prime views of the city. This preservation of the West Loop’s charm is something that Bushala believes will continue to strengthen the ever-evolving neighborhood. “This area is going to be unrecognizable in five years,” he says. “In a good way.” 401 N. Morgan St., 312-763-3317
PhotograPhy by matt haaS PhotograPhy
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