When One East Delaware was built in 1988, it was among the swankiest apartment buildings in the Gold Coast neighborhood.
Years passed, and the 36-story tower with expansive bay windows and recessed balconies lost much of its luster.
Today, after a multimillion-dollar rehab by new owners Golub and Co., the building glitters once again. Literally. The understated front entrance was extended over the sidewalk with an elegant canopy and marquee lighting. The lobby was redesigned with artistic chandeliers and a new glass-and-bronze reception desk. The hallways and expanded amenity spaces shine with a palette of white, black and gold.
“We loved the location and all the neighborhood amenities, but we realized the building was not up to current standards,” said Stephen Sise, Golub’s senior vice president of portfolio management. “We saw an opportunity to provide a new grand entrance and a new experience for our residents.”
The amenity spaces and all 304 apartments at One East Delaware also are remodeled and upgraded. The work began in early 2017. The amenity spaces are complete, and the last apartments will be finished this summer.
The apartments at One East Delaware range from studios to two-bedrooms configured into five floor plans. They are located on floors six through 36; retail and commercial tenants occupy floors one through five.
All units were upgraded with new flooring, appliances, cabinetry and bath fixtures. They also were furnished with in-unit clothes washers and dryers, although the community laundry room was left intact for large or multiple loads. Popcorn-textured ceiling finishes were removed. Some units were remodeled to open up the floor plan, and some were appointed with a “smart” feature that lets residents use voice commands to control the temperature, turn on and off light fixtures, play music and perform other tasks.
Apartments are designed with wide-plank flooring, closet organizers and window shades. Bay windows are per plan. Kitchens are appointed with espresso cabinetry, stainless steel appliances, quartz counters and subway tile backsplashes.
Every apartment has a recessed balcony.
“People get more use out of the balconies because they are covered from the rain and somewhat protected on cooler nights,” Sise said.
A one-bedroom model on the 16th floor is a corner unit measuring 820 square feet. A floor-to-ceiling bay window on the street side of the combination living and dining room captures views in three directions and fills the space with natural light. The balcony extends from one side of the bay and across the exterior wall of the bedroom. The square-shaped kitchen is semi-partitioned from the open space. The apartment has four closets including the laundry nook.
Common area at One East Delaware. (Jim Tschetter / ic360Images)
The amenity spaces, which are clustered on the sixth floor, were expanded during the renovation by removing several apartments.
Decorated with a modern but inviting hand, the interior amenities include a cozy lounge with upholstered seating and double-sided faux fireplace, a meandering S-curved banquette with bistro seating, party room with bar and catering kitchen, hand-carved billiards table, 24-hour fitness center and a hospitality suite for overnight guests.
Residents who work from home have support in the business center and conference room.
“We felt providing more amenities was worth taking back a few apartments,” Sise said.
The landscaped outdoor terrace is appointed with conversation groupings of furniture, cabanas, grilling and dining stations, pergolas, a fire pit and wide-screen television viewing area. A reflection pool surrounded by lounge chairs gives the feeling of waterfront basking.
The building also provides complimentary bicycle storage and internet access. Within the building are a Starbucks, dry cleaner and tailor, fitness studio, hair salon and private access to Potash Market.
The folks behind it
One East Delaware was re-developed by Golub and Co. with interior designer Loren Stanton of Stanton Interior Concepts, both in Chicago. The property is co-owned by by Golub and Boston-based Alcion Ventures. Golub is providing management services.
Pamela Dittmer McKuen is a freelance writer.
The fine print
One East Delaware
1 E. Delaware Place
Chicago IL 60611
Apartments: Prices based on availability and subject to change. Studio, 540 square feet, from $1,950; one-bedroom, 700 to 820 square feet, from $2,275; two-bedroom, 1,040 square feet, from $3,265.
Lease terms: 12-month lease terms; $50 application fee per applicant; $400 administration fee.
Renter’s insurance: Required
Utilities: Resident pays all utilities.
Parking: Enclosed garage parking from $265 a month for nonreserved space.
Pets: Two-pet maximum. One-time fee, $500 a dog and $300 a cat. Breed restrictions apply.
Smoking policy: Nonsmoking.