Corcoran Urban Real Estate

Gold Coast Getting New Apartments

Gold Coast Getting New Apartments

A new 58-unit building is coming to a prominent Gold Coast block, the southwest corner of Bank and Lake Shore Drive.

The lot had originally been pitched as the site of a 40-story high-rise, but opposition from local neighbors has resulted in a smaller project. It will ultimately rise 8 stories, with 47 parking spaces from developer Draper & Kramer.

The mid-rise building was designed by architects with Booth Hansen and will soon fill a lot that has been empty and the subject of a neighborhood dialogue and battle for two decades.

Read more at Curbed Chicago here.