Ground broken for 12-story mixed-use project in Gold Coast

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November 27, 2020 – Ground is broken, and construction has started on a 12-story mixed-use project in the Gold Coast neighborhood. 1210 North State Parkway will have 89 upscale apartments, 18,000 square feet of retail space, and on-site parking. 70 percent of the apartments will have a private balcony or terrace.

Newcastle Limited, a Chicago-based real estate investment firm, says it has a $41.3 million construction loan and the project will be finished in early 2022.

Newcastle has proposed a 29-story apartment building at 1130 North State Street. That project is waiting for city approval.

Steven Dahlman is the editor and publisher of Loop North News. With over 40 years of experience as a journalist and 20 years as a commercial photographer, his career includes work as a radio news director, reporter, and anchor. He is the co-author of three books on Chicago’s evolution, including Chicago’s River: At Work And At Play and Changing Chicago: A Portrait in Postcards and Photos. His first solo book, Marina City: The Definitive History of a Chicago Landmark, is scheduled for publication by Trope Publishing Co. on October 28, 2026.