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 | Mar 23, 2015

Multifamily for Millennials: Understanding what Gen Yers want in apartment design

Authentic public spaces, pet-friendly options, and inviting, tech-focused lobbies are among the key ingredients to a successful multifamily rental development, writes BLT Architects’ Michael R. Ytterberg.

Multifamily Housing | Mar 18, 2015

Prefabricated skycubes proposed with 'elastic' living apartments inside

The interiors for each unit are designed using an elastic living concept, where different spaces are created by sliding on tracks.

Multifamily Housing | Mar 16, 2015

New Jersey Supreme Court puts control of affordable housing agency in the courts

The court said the state’s affordable housing agency had failed to do its job, and effectively transferred the agency's regulatory authority to lower courts.

High-rise Construction | Mar 16, 2015

Mexican Museum tower caught in turmoil to break ground this summer in San Francisco

Millennium Partners said it will break ground on the 53-story residential and museum tower while the lawsuits go through the appeals process.

Mixed-Use | Mar 13, 2015

Dubai announces mega waterfront development Aladdin City

Planned on 4,000 acres in the Dubai Creek area, the towers will be covered in gold lattice and connected via air-conditioned bridges.

High-rise Construction | Mar 12, 2015

Developers confirm Renzo Piano’s contribution in Sydney harbor overhaul

If the entire development is approved, One Sydney Harbour will be Piano’s second project in Australia.

Multifamily Housing | Mar 12, 2015

Multifamily construction has been a boon to L.A.’s economy

A new study finds that nearly one-quarter of Los Angeles’ population lived in rental homes and apartments in 2013, a number that undoubtedly has increased since.   

Modular Building | Mar 10, 2015

Must see: 57-story modular skyscraper was completed in 19 days

After erecting the mega prefab tower in Changsha, China, modular builder BSB stated, “three floors in a day is China’s new normal.”

Multifamily Housing | Mar 10, 2015

Developers bullish about multifamily market for third consecutive quarter

After increasing steadily over the past several years, multifamily production has now reached a healthy, sustainable level, according to NAHB Chief Economist David Crowe.

Multifamily Housing | Mar 10, 2015

A loft project in Dallas evolves into a high rise for both affluent and artistic customers

Atelier | Flora Lofts will be built on one of this city’s last choice undeveloped lots.

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