Markor Pulse Chicago · Wednesday, October 7, 2026 · Issue 1

$45M Golub Capital office buildout, 7 floors, permit issued

10 Chicago permits this week, $80M total, 5 in healthcare.

Outlook: Holding-5Read the analysis

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Composite outlook

-5

Holding. Scale of -100 to 100 across 18 indicators.

Chicago permits ($)

$556M

Up, +21.8% m/m

Our own index, latest month.

Leads this issue

$92M in reported value across the issue.

Number of the week

$556M

Up, +21.8% m/m

Chicago permits ($)

Prospecting report

10 Chicago projects that will need millwork

Full Chicago feed

10 permits issued in Chicago this week totaling $80.4M. Five are healthcare, three are office, one is civic, and one is mixed-use. Call Bulley & Andrews on the Northwestern Memorial projects or Redmond Construction on the Golub Capital buildout.

HealthcarePermit issuedOct 6, 2026

Interior Alterations To Existing Resident'S Work Room, Conference Room And Lounge To Include Removal Of Exi... at 251 E Huron St

$650k

Owner: NORTHWESTERN MEMORIAL HOSPITAL
GC: BULLEY & ANDREWS, L.L.C.
Architect: KONCEL, BARRY JOHN

$650k permit for interior alterations at Northwestern Memorial Hospital. Scope includes new millwork and finishes in a resident work room and lounge.

Lead details City of Chicago permit

OfficePermit issuedOct 6, 2026

Interior Alterations To Existing Office Floors 10 Through 16 For Buildout Of Golub Capital Office Space As... at 225 W Randolph St

$45M

Owner: GOLUB CAPITAL, LLC
GC: REDMOND CONSTRUCTION CORP.
Architect: KRAS, JONATHAN M

$45M permit for Golub Capital office buildout on floors 10 through 16 at 225 W Randolph. Large scale office interior with high likelihood for casework and wall panels.

Lead details City of Chicago permit

OfficePermit issuedOct 5, 2026

New Construction Of A 9-Story Mixed Use Building With Basement On Caissons at 315 S Jefferson St

$19M

Owner: JEFFERSON 315 S, LLC
GC: SUMMIT DESIGN & BUILD, LLC.
Architect: FREEMAN, ARDEN D

$19M new construction for a 9-story mixed-use building at 315 S Jefferson. Includes residential lobby and retail space, likely requiring custom millwork for common areas.

Lead details City of Chicago permit

HealthcarePermit issuedOct 2, 2026

Modify And Upgrade The Existing 8th Floor Bcs Laboratory To Support Operational And Layout Improvements at 225 E Chicago Ave

$333k

Owner: ANN & ROBERT H. LURIE CHILDREN'S HOSPITAL
GC: M. A. MORTENSON COMPANY
Architect: DAHLSTROM, BENJAMIN C

$333k permit for Lurie Children's Hospital lab upgrade. Explicitly lists relocation and installation of new casework including a sink.

Lead details City of Chicago permit

HealthcarePermit issuedOct 6, 2026

This Project Consists Of An Approximate 6,200 Sf Renovation Of The North Side Of The 14th Floor Of An Exist... at 676 N St Clair St

$2.0M

Owner: NORTHWESTERN MEMORIAL HEALTHCARE
GC: BULLEY & ANDREWS, L.L.C.
Architect: DOYTCHEVA, RADOSVETA K

$2.0M renovation of a 6,200 sf medical office suite into an oral health center at Northwestern Memorial. High casework density for dental and admin rooms.

Lead details City of Chicago permit

HealthcarePermit issuedOct 1, 2026

Interior Alterations To Existing Lower Concourse Of The Prentice Building At Nmh For A New High Dose Radiat... at 250 E Superior St

$3.7M

Owner: NORTHWESTERN MEMORIAL HEALTHCARE
GC: LO DESTRO CONSTRUCTION COMPANY
Architect: DAUTER, OLGA M

$3.7M permit for a new high dose radiation suite and food service area at Northwestern Memorial. Complex interior alterations with specialized finishes.

Lead details City of Chicago permit

HealthcarePermit issuedSep 28, 2026

Interior Renovations To An Existing 38th Floor Medical Office Suite 3850 As Per Plans at 875 N Michigan Ave

$1.8M

Owner: THE FEW INSTITUTE FOR AESTHETIC PLASTIC SURGERY, LLC
GC: EXECUTIVE CONSTRUCTION , INC.
Architect: BECKER, SCOTT R

$1.8M renovation of a 38th floor medical office suite at 875 N Michigan. Scope explicitly includes new millwork, partitions, and doors.

Lead details City of Chicago permit

OfficePermit issuedOct 6, 2026

Initial Tenant Build-Out Permit For Shell Space On Third Floor Of New Construction Building at 5044 W Chicago Ave

$900k

Owner: DAVID DOIG
GC: MONOCEROS CORPORATION
Architect: WILLIAMS, GREGORY R

$900k tenant build-out for 6,982 sf of shell space at 5044 W Chicago. Standard office fit-out with MEP extensions.

Lead details City of Chicago permit

CivicPermit issuedOct 1, 2026

Construction Of A New Two Story Precast Concrete Church With Auditorium Seating, Child Care Areas, Office S... at 1700 W Adams St

$15M

Owner: THE CITY CHURCH FELLOWSHIP
GC: ARCO/MURRAY NATIONAL HOLDINGS INC
Architect: VANDELOECHT, LOUIS W

$15M new construction for a two-story church at 1700 W Adams. Includes auditorium, childcare, and office space, likely requiring custom cabinetry and trim.

Lead details City of Chicago permit

OfficePermit issuedSep 29, 2026

Interior Alterations To Floors 32, 34 & 35 At Existing Office Building at 1 E Wacker Dr

$3.5M

Owner: O¿HAGAN MEYER LLC
GC: BIG CONSTRUCTION LLC
Architect: BECKER, SCOTT R

$3.5M interior alterations on floors 32, 34, and 35 at 1 E Wacker. Office renovation with new partitions and finishes.

Lead details City of Chicago permit

Indicators this week

All 18

As of 2026-10-07. Arrows read through what is good for a millwork shop.

How Pulse works

1
Code computes the scores
Project type, stage, value and the words in the source set the millwork score. No model adds a number.
2
Every number is linked
Permits, bids and indicators link to the source they came from.
3
No reprints
News is a headline, a source and one line on why it matters. We link, we do not rewrite.

Analysis · Chicago

Chicago Permits Spike 21.8%, But Billings Lag

All analysis

Chicago permits up 21.8% to $556M, but billings lag.
Office spending up 13.3% over 3 months, driving current activity.
Plywood PPI up 9.6% y/y, increasing panel costs.

Read the full analysis

Indicator	Latest	Change
Chicago permits ($) Sep 2026	$556M	Up, +21.8% m/m
Architecture billings Aug 2026	47.2	Down, below 50
Dodge Momentum Sep 2026	288.0	Up, +2.1% m/m
Nonres spending Aug 2026	$1309B	Up, +0.7% m/m
Millwork PPI Aug 2026	195.8	Down, -0.7% m/m
10-year Treasury Sep 2026	4.99%	Up, +6.6% m/m

Worth your time

What other people wrote this week

All news

Chicago

Bisnow ChicagoOct 6, 2026
Major Movie Studio Campus Breaks Ground: The Chicago Deal Sheet
A new movie studio campus with soundstages and offices will require significant custom millwork for production and office spaces.
Bisnow ChicagoOct 7, 2026
Local Investor Pays $30M For Block 37 In Heart Of Downtown Chicago
The acquisition of a 278K SF vertical mall signals potential repositioning and renovation, which often includes new retail and office casework.
nwitimes.comSep 26, 2026
Lake Central school board plans makeup days; East Chicago discusses ongoing school closure
School closure discussions may impact future educational facility projects, a key sector for millwork shops.
The Center SquareOct 5, 2026
Illinois news in brief: $192 million MidAmerica Metrolink extension nears completion; Groundbreaking held for Metro East film studios
The $192M Metrolink extension and film studio groundbreaking indicate major infrastructure and commercial development in the region.

National

Woodworking NetworkOct 6, 2026
Holding company acquires CaseWorx, an architectural millwork firm
The acquisition of an architectural millwork firm signals consolidation in the industry, which may affect competition and pricing.
Architectural Woodwork InstituteOct 7, 2026
When Business Strategy Stops Working: 5 Strategic Moves
Strategic moves for business owners are relevant for millwork shop owners navigating market changes.
Woodworking NetworkOct 6, 2026
Architectural Woodwork Institute Education Foundation awards $186,120 to 26 schools
The USMCA review may impact trade policies and material costs, affecting millwork supply chains.
Office of the U.S. Trade RepresentativeOct 2, 2026
USTR Seeks Public Comment on the 2027 Joint Review of USMCA
USMCA review could affect lumber and material tariffs, influencing bid pricing for millwork projects.
Architectural Woodwork InstituteSep 25, 2026
Which CAD/CAM should we be on?
Choosing the right CAD/CAM software is critical for efficiency and accuracy in millwork production.

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