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    A page from a presentation on the updated Fulton Innovation District plan, projecting new development north of Lake Street [Department of Planning and Development]

    A decades-old ban on residential development is set to be reversed this week for a 63-acre swath of Fulton Market, widening the spigot on the gush of development already pouring into the red-hot neighborhood.

    Aldermen are scheduled during a 10 a.m. meeting of the City Council Committee on Zoning, Landmarks and Building Standards on Tuesday to consider lifting the prohibition on residential development in the Kinzie Corridor Overlay District along the north edge of Fulton Market, fulfilling a longtime request of developers and some neighborhood groups. The district is roughly bounded by Carroll Avenue, Ogden Avenue, Hubbard Street and Halsted Street.

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