|$1,699||Studio||1 Bath||540 Sqft|
As you head south on Chicago's iconic Lake Shore Drive, a light becomes more visible. The sign belonging to a Gold Coast landmark, The Drake Hotel, shines a bright pink, just as it has for the last 70 years. The facade of this luxury hotel exudes the same glamour you'll find throughout the Gold Coast Historic District: mansions, beautiful apartments, boutique shops, and dealerships selling Lamborghini, Bugatti, and other dream cars.
After the Great Chicago Fire in 1871 the region's evolution began. It would go from scarcely populated and swampy to a stronghold of wealth. Originally "The Astor Street District", it took its name from one of the richest citizens in the history of the US, John Jacob Astor. The name projected an air of wealth, although he didn't actually live in Chicago. When a section of Lake Shore Drive opened in 1875, wealthy families began to take notice of the neighborhood.
Potter Palmer, a businessman and early resident of the area, saw…
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