Chicago’s High-Fashion, High-Energy Hub — Where Luxury Retail Meets Chicago’s Social Scene
In the heart of the Gold Coast, Rush Street merges high-end shopping with a lively social scene, creating one of Chicago’s most dynamic retail experiences. Known for its mix of legendary luxury brands like Cartier, Balenciaga, Mont Blanc and the newly-redesigned Hermès, Rush Street draws high-income locals, young professionals and tourists. This vibrant corridor is a must-see for companies looking to blend prestige with the energetic rhythm of Chicago’s nightlife.
The Rush Street Experience
Rush Street is luxury with a pulse — it’s alive, breathing and a bit vivacious. High-end boutiques stand alon
Kim Kardashian’s SKIMS is expanding its retail footprint with a new standalone store in Chicago’s Gold Coast, according to reports. The store, located at 1000 N. Rush St, places the brand alongside luxury retailers such as Prada, Balenciaga, and Marc Jacobs.
Previously available in Chicago only at Nordstrom on Michigan Avenue or online, this new flagship will offer a dedicated shopping experience for SKIMS’ popular shapewear, loungewear, and apparel.
The building was acquired by Chicago-based developer L3 Capital for $21.5 million, reflecting the high-profile retail interest in the area. The new SKIMS store will also be near iconic Chicago restaurants like Gibson’s Bar and Steakhouse, LUXBAR, and Maple & Ash, further cementing Rush Street as a luxury shopping and dining destination.
Launched in 2019, SKIMS has evolved into a multi-billion-dollar brand, with retail partnerships that include Nordstrom, Saks Fifth Avenue, Selfridges, and Net-a-Porter, as well as collaborations with the NBA, WNBA, and Nike. The Chicago opening marks a significant retail expansion as SKIMS continues to solidify its global presence.
After a two-year hiatus, Carmine’s is set to make its highly anticipated return to Chicago’s Gold Coast this spring. The iconic Italian restaurant, previously housed at 1043 N. Rush Street, has undergone a $4 million redevelopment, with the new space debuting in late May at 1037 N. Rush Street.
The redesigned 10,000-square-foot restaurant will feature a second-floor dining space with an outdoor terrace and bar, offering year-round seating overlooking Mariano Park and Rush Street. The ground floor of the new building will be occupied by Swiss sportswear brand On, marking a shift in the area’s evolving retail and dining landscape.
While the updated menu is still under wraps, Rosebud Restaurants confirms that Carmine’s will bring back its signature dishes alongside new offerings inspired by other Rosebud locations.
The restaurant’s revival follows significant changes to Rush Street, including the transformation of the former Tavern on Rush into Bellevue, further solidifying the area as one of Chicago’s premier dining destinations.
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Market Positioning and Financial Metrics
Rush Street is consistently ranked among the top two high streets in the Chicago MSA. Gross rents range from $400 to $500 per square foot, with a vacancy rate under 5%, underscoring its high demand and robust leasing environment. It’s a prime location for luxury brands seeking visibility in a high-energy retail market.
Customer Demographics and Foot Traffic
Rush Street’s customer base includes young professionals, affluent locals, and tourists, fostering a lively and affluent shopping environment. Foot traffic peaks during weekends and evenings, driven by a mix of retail and dining that provides both day and night appeal for shoppers.
Recent and U
The ongoing transformation of Rush Street includes new luxury brands and developments like the Carmine’s site redevelopment. These enhancements are expected to bring in even more foot traffic, boosting Rush Street’s appeal as a luxury destination. With high demand for retail space, the street continues to attract a mix of both established and emerging brands, reinforcing its role as a vibrant, top-tier shopping and dining destination in Chicago.