Fulton Street Companies (FSC) has recently announced a new partnership with Bathhouse, a renowned spa company based in New York City. The long-term lease agreement will see the development of a 40,000-square-foot building at 1010 W. Madison Street in Chicago. This marks a significant shift from FSC’s original plan to construct luxury condominiums on the site they acquired last year.
The revised plans for the building include two levels of top-notch amenities and features such as a rooftop pool and restaurant, all designed with concrete and glass elements that pay homage to traditional bathhouses. According to FSC CEO Alex Najem, “Bathhouse is an industry disruptor that offers consumers high-quality functional bodywork instead of just luxurious spa services – making it the go-to destination for those seeking top-notch wellness experiences.”
Bathhouse’s unique approach focuses on ancient techniques combined with modern facilities and contemporary recovery practices within an engaging social setting. Alongside their latest project at 1010 W.Madison Street, FSC also has several other developments underway throughout Chicago.
This announcement by Fulton St.Cos., showcases their pivot towards innovative concepts like Bathouse rather than conventional real estate projects like West Loop Condos – demonstrating their commitment towards providing exceptional experiences for customers across various industries.