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

Multifamily Housing | May 27, 2015

‘European’ living comes to The Woodlands with its first condo tower

Treviso at Waterway Square will offer a dynamic downtown setting with numerous live/work/play options.

Multifamily Housing | May 19, 2015

Zaha Hadid unveils 'interlocking lattice' design for luxury apartments in Monterrey, Mexico

Hadid's scheme was inspired by the Mexican tradition of interlocking lattice geometries.

Multifamily Housing | May 19, 2015

Study: Urban land use policies costs U.S. economy $1.6 trillion a year

The research contends that more affordable housing options can help cities generate significantly more income.

Multifamily Housing | May 17, 2015

New York City runs into affordable housing dilemma

New York City’s affordable housing policy has created attractive low-cost housing, but the price of success has been high.

Sponsored | Coatings | May 14, 2015

Prismatic coatings accent the new Altara Center

This multi-use campus will contain a university, sports facilities, medical center, and world-class shopping

High-rise Construction | May 6, 2015

Two new designs submitted for New York City Riverside Center

Both designs reference the cantilevers and other elements featured in architect Christian de Portzamparc’s original masterplan for the complex, which has now been scrapped.

High-rise Construction | May 6, 2015

Parks in the sky? Subterranean bike paths? Meet the livable city, designed in 3D

Today’s great cities must be resilient—and open—to many things, including the influx of humanity, writes Gensler co-CEO Andy Cohen. 

Mixed-Use | May 5, 2015

Miami ‘innovation district’ will have 6.5 million sf of dense, walkable space

Designing a neighborhood from the ground-up, developers aim to create a dense, walkable district that fulfills what is lacking from Miami’s current auto-dependent layout.

Codes and Standards | May 1, 2015

Colorado House kills construction defects bill

The legislation would have made it harder for condo owners to sue builders.

Multifamily Housing | May 1, 2015

Trade groups extend campaign to promote apartment living

The groups claim that there are more than 37 million Americans—12% of the population—living in just under 20 million apartment units nationwide. Apartments and their residents contribute $1.3 trillion annually to the economy.

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