Leopardo building Draper and Kramer’s $23 million Gold Coast project

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61 banks rendering chicago
Rendering of Draper and Kramer's project at 61 Banks St.

Leopardo Companies has started building Draper and Kramer‘s new 58-unit residential building at 61 Banks St. along Chicago’s lakefront.

The city has issued a $23 million building permit for what is described as the last undeveloped site on the Gold Coast neighborhood’s stretch of Lake Shore Dr. The building designed by Booth Hansen is expected to be completed in early 2019.

“The Gold Coast is Chicago’s premier neighborhood, and we’re incredibly proud to have designed a building that brings both a sophisticated design aesthetic and elegant lifestyle to match this prime lakefront location,” Ed Polich, senior vice-president and chief development officer for Draper and Kramer, said in a statement. “This building will be a unique residential enclave in one of this city’s most sought-after areas, not only delivering unmatched resident services, but also complementing the context of the Gold Coast and adjacent lakefront.”

Subtrades include: ElectricalGrand-Kahn, LLC.; MasonryJames McHugh Construction Co. and Richards & Weyers Const.; plumber/plumbingR. Carrozza Plumbing Co.refrigerationHill Mechanical Corp.; and ventilationWestside Mechanical.

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