After breaking ground late last year, the 12-story apartment development known as Gild is rising above street level at the northwest corner of State and Division in Chicago's Gold Coast neighborhood.
Developed by Newcastle Limited, Gild replaces a cluster of demolished low-rise commercial buildings that once contained businesses such as McFadden’s, Tip Top Inn, and Hash House a Go Go. The upcoming development will bring 18,000 square feet of new retail space to the corner and top it with 89 high-end rental units.
Gild's apartments will be offered in studio, one-, and two-bedroom layouts, and the majority of units will feature private balconies. The plan also includes an outdoor deck for tenants, a green roof, and 33 off-street parking spaces, according to the project's building permit. Gild is expected to welcome renters in early 2022.
Chicago-based architecture firm CallisonRTKL designed Gild to fit in more than stand out. The conservative-looking building is clad in warm brick and panels that will "represent but not imitate" its older neighbors to the north, architect Keith Campbell told Curbed in 2019.
Meanwhile, Newcastle is eyeing an even larger rental development for the former Barnes & Noble bookstore site located at nearby 1130 N. State Street. Ald. Brian Hopkins (2nd) rejected the developer's initial plans for a 39-story apartment tower at the site in 2019, but a redesigned and scaled-back 29-story proposal is currently under review.