The Gold Coast is the wealthiest neighborhood in Chicago and consists mostly of high-rise apartment buildings on Lake Shore Drive, facing Lake Michigan, but also includes low-rise residential blocks inland. As with many neighborhoods, its exact borders are subject to dispute, but generally extend from North Ave. south to Division St. and west to LaSalle St. and also includes the areas east of State St. south to Oak St. and east of Michigan Ave. south to Walton St.
The Gold Coast was an unexceptional neighborhood until 1885, when Potter Palmer, former dry goods merchant and owner of the Palmer House hotel, built a fanciful castle on Lake Shore Drive. Over the next few decades, Chicago's elite gradually migrated from Prairie Avenue to their new homes north of the Loop.
Along almost every boulevard of the Gold Coast, upscale boutiques and shops have opened up. Chanel, Hermès, Gucci, Prada, Louis Vitton, Cartier SA, Van Cleef & Arpels, Yves Saint Laurent, Harry Winston, Kate Spade, Tory Burch, DKNY, Ralph Lauren, Marc Jacobs, Stuart Weitzman, Rolex, Max Mara, Vera Wang, Jimmy Choo, Versace, Paul Stuart, Betsey Johnson, and Lilly Pulitzer are just a few of the dozens of designers that have locations in the exclusive neighborhood. Also, Lamborghini and Porsche have dealership locations in the Gold Coast.
The "Gold Coast Historic District" was listed on the National Register of Historic Places on January 30, 1978.
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