Plans have been approved for the first phase of Thrive Exchange at 7901 S Exchange Avenue in South Shore. Sitting right on the intersection with E 79th Street, the project will replace a pair of existing buildings next to the Cheltenham/79th Street Metra station. The proposal was approved by the Chicago Plan Commission, led by developer DL3 Realty and designed by local-firms KOO Architects and Site Design Group.
Tax incentives have been approved for the Flatiron Building at 1579 N Milwaukee Avenue in Wicker Park. Located at the heart of the neighborhood on its six-corner intersection, the artists lofts-filled structure most recently saw the closures of Bank of America and Debonair Social Club on its first floor. The Class L tax incentives were approved by the Commission on Chicago Landmarks earlier this month.
Updated plans for the mixed-use development at 3950 N Damen Avenue and 3959 N Lincoln Avenue in North Center. Located on the six-corner intersection with W Irving Park Road, the two-building proposal will replace a parking lot and drive-thru bank west of Damen and redevelop the existing bank structure on Lincoln. Developers CRG and Ravine Park Partners are working with local architecture firm Lamar Johnson Collaborative on the new design.
Further details have been revealed for the mixed-use development at 700 W Chicago Avenue in River West. The large project sits to the east of the intersection with N Halsted Street and will replace part of the Chicago Tribune facility, directly across the street from the upcoming permanent casino. The proposal is being led by Canadian-based developer Onni Group who is working with Goettsch Partners on its design.
Additional financing has been approved for the second phase of Ogden Commons at 1312 S Talman Avenue in North Lawndale. Located north of the recently completed first phase along the intersection with W 13th Place, the project replaces an empty lot that previously held a public housing complex. Efforts are being led by Ogden Commons JV LLC with local architecture firm SCB working on its design.
