Chicago’s upscale Gold Coast neighborhood is about to receive a new boutique rental building with a mix of 58 luxury two- and three-bedroom residences.
Included among the 58 units will be seven two-story “maisonette” row home units with direct street-level entrances and private terraces. The row homes will flank the ground floor of the property. The streetscape on all sides of the building will be enhanced by the row homes terraces as well as landscaping beds designed by Jacobs/Ryan Associates.
The building, located at 61 Banks Street, is currently under construction on the last undeveloped site on North Lake Shore Drive in the Gold Coast neighborhood. The Booth Hansen-designed project will feature an exterior of traditional cast stone contrasted by modern glass and metal architectural bays. A green roof with a large outdoor terrace with seating, dining areas, and grilling stations and enclosed amenity space will sit atop the residential building.
61 Banks Street’s two-bedroom units will average about 1,700 sf and the three-bedroom apartments will average about 2,400 sf. Each unit will offer 10-plus-foot ceilings and expanses of floor-to-ceiling windows. The apartments feature a natural palette, custom details, spa-style bathrooms, and gourmet kitchens with Bosch appliances, quartz and stone countertops, and built-in wine cools. Engineered plank flooring runs throughout each residence. Booth Hansen worked with interior architect Darcy Bonner & Associates to design the units.
Residents will have access to amenities such as a full-time hotel-style concierge, 24-hour valet parking, and the rooftop amenity space, which includes a glass-enclosed lounge, library, kitchen, and fitness center.
Rents will range from $5,500 to over $12,000.
Leopardo Companies is the general contractor for the project. Draper and Kramer, Incorporated is the developer.
Related Stories
Multifamily Housing | Sep 14, 2020
McShane Construction begins work on Gilbert, Ariz., multifamily development
Continental Properties is the project owner.
Multifamily Housing | Sep 10, 2020
COVID-19: How are you doing?
Multifamily seems to be one sector in the construction industry that’s holding its own during the pandemic.
Multifamily Housing | Sep 10, 2020
EV charging webinar to feature experts from Bozzuto, Irvine Company, and RCLCO - Wed., 9-16
EV charging webinar (9/16) to feature Bozzuto Development, The Irvine Company, RCLCO, and ChargePoint
Multifamily Housing | Sep 2, 2020
8 noteworthy multifamily projects to debut in 2020
Brooklyn's latest mega-development, Denizen Bushwick, and Related California’s apartment tower in San Francisco are among the notable multifamily projects to debut in the first half of 2020.
Multifamily Housing | Sep 2, 2020
New affordable housing in the Bronx is designed for both seniors and teens
Body Lawson Associates designed the project.
Giants 400 | Aug 28, 2020
2020 Giants 400 Report: Ranking the nation's largest architecture, engineering, and construction firms
The 2020 Giants 400 Report features more than 130 rankings across 25 building sectors and specialty categories.
Sponsored | | Aug 26, 2020
Healthy air systems have become the new “standard equipment.”
As home buyers demand healthy air systems, builders look to differentiate themselves with a “Healthy Home Builder” designation.
Coronavirus | Aug 25, 2020
Video: 5 building sectors to watch amid COVID-19
RCLCO's Brad Hunter reveals the winners and non-winners of the U.S. real estate market during the coronavirus pandemic.
Multifamily Housing | Aug 24, 2020
Portland’s zoning reform looks to boost the ‘missing middle’ of housing
The city council in Portland, Ore., recently approved the “Residential Infill Project” (RIP), a package of amendments to the city’s zoning code that legalizes up to four homes on nearly any residential lot and sharply limits building sizes.
Multifamily Housing | Aug 24, 2020
Texaco’s century-old headquarters is now a luxury apartment community
After sitting vacant for nearly three decades, the former home of Texaco, Inc. has been converted into a 17-story, 286-unit apartment building in the heart of downtown Houston.