All articles tagged with #fulton market
Time Out Market Chicago in Fulton Market will close on January 23 after seven years, with owners citing inconsistent post-pandemic foot traffic and a hybrid-work era; staff and vendors face job losses, though the Time Out Market brand will continue in other locations.
Time Out Market in Fulton Market will close on Jan. 23 after seven years, citing decreased and inconsistent foot traffic and higher operating costs. The market currently houses 17 vendors and will wind down, with some tenants needing to relocate. Time Out Chicago will continue online, while Time Out Market is also closing its Boston location; remaining U.S. markets are New York City and Brooklyn, with other global locations still operating or under development.
Time Out Market Chicago announced its Fulton Market location will close on January 23, ending its run that began in 2019 after a mission to showcase Chicago’s top food and drink talents. Time Out Chicago, the media brand, will remain and continue covering the city’s scene. CEO Michael Marlay cited inconsistent foot traffic in the area due to hybrid work and rising operating costs as factors limiting profitability, while thanking vendors, chefs and staff for their contributions.
The Fulton Market Association, a group of restaurant owners, business and community leaders in Chicago's Near West Side neighborhood, has issued demands to new Mayor Brandon Johnson, including opposing any new or increased taxes until the tax increment finance system is reformed, and demanding 5,000 more surveillance cameras to stop violent crime. They also want to spend federal and state infrastructure funds on several transportation projects, including restoring the CTA's Lake Street bus and fixing the "Lake Street death trap." The group notes that $1.3 billion sits in the "top 10 TIF's alone," and that TIF money should be used to put up cameras in high-crime areas.