flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

New 58-unit luxury apartment building under construction in Chicago’s Gold Coast neighborhood

Multifamily Housing

New 58-unit luxury apartment building under construction in Chicago’s Gold Coast neighborhood

The 8-story building will feature two- and three-bedroom residences.


By David Malone, Associate Editor | January 9, 2018
Rendering of 61 Banks Street designed by Booth Hansen

Rendering courtesy Draper and Kramer, Incorporated

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

| Apr 26, 2019

Organized Living Offers ‘Century Gray’ Product Finish for Multifamily Storage Systems

Organized Living releases new color option for apartment and condominium storage systems.

Multifamily Housing | Apr 23, 2019

Recharging Edison’s batteries

America’s greatest inventor would have appreciated this project team’s ingenuity and persistence.

Multifamily Housing | Apr 17, 2019

Multifamily real estate trends for 2019 and beyond

Boomers are on the move and Millennials are seeing upward mobility, but issues with affordability and housing product mix persist.

Multifamily Housing | Apr 16, 2019

Multifamily rentals are still alive and kickin’

Apartments are being built, and in goodly number. But not enough of it is affordable.

Multifamily Housing | Apr 12, 2019

NYC officials partner with nonprofit to build modular affordable housing

Thorobird and BACDYS partner with Brooklyn’s FullStack Modular on project.

Multifamily Housing | Apr 11, 2019

St. Augustine Terrace brings affordable housing to the Bronx

Magnusson Architecture + Planning designed the building.

Multifamily Housing | Apr 8, 2019

Priced to sell: DUMBO condo development offers starter units in luxury setting

Designed by ODA New York, 98 Front Street will be loaded with amenities like a salt water pool, co-working spaces, and indoor and outdoor fitness centers.

Reconstruction & Renovation | Apr 5, 2019

Historic Corrigan Tower in Dallas becomes 1900 Pacific Residences

The 18-story Corrigan Tower in the Dallas’s historic downtown district is now a thriving 150-unit apartment residence community.

Multifamily Housing | Apr 3, 2019

Multifamily rent growth hits two-year high in February, rising 3.6%

A survey of 127 major U.S. real estate markets by Yardi Matrix shows no signs of slowing for multifamily rental demand.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021