12-story rental complex reaches final height in Gold Coast

The 12-story mixed-use development known as Gild has reached its final height at the northwest corner of State Parkway and Division Street in Chicago's Gold Coast neighborhood. 

Developed by Newcastle Limited and designed by architecture firm CallisonRTKL, the upcoming mid-rise structure replaced a cluster of low-rise commercial buildings. The project calls for 18,000 square feet of retail, parking for 33 cars, and 89 high-end rental units. The apartments are offered in studio, one-, and two-bedroom layouts and 70 percent will feature private balconies.

"The excitement of topping out never gets old," said Chris Goray, vice president of Power Construction, in a statement to Urbanize. "Thank you to all the trades women and men who helped us reach this milestone." Crews will continue to install Gild's exterior cladding and bring "first-class interior finishes" to the project, Goray said.

"We are excited about the progress of our development," added Newcastle managing director Kurt Pairitz in a statement. "Despite the challenges brought on by the pandemic, everything is on schedule thanks to the hard work of everyone involved. We look forward to opening in spring 2022."

Meanwhile, Newcastle is pitching a 29-story high-rise with 304 apartments at the former Barnes & Noble location at nearby 1130 N. State Street. The project is listed on the July agenda of the Chicago Plan Commission, though Ald. Brian Hopkins (2nd) has yet to put his support behind the zoning change the project will require.