A construction permit has been issued for the first phase of The Ave, an INVEST South/West development located at 3601 West Chicago Avenue in Humboldt Park. The permit, using the address 3607 West Chicago Avenue, came through on March 13, with an application date of September 4, 2024. It names Leopardo Construction as the general contractor, and an estimated cost of $20 million; the entire project is expected to cost about $45 million.
Formal proposals have been revealed for the city’s Roseland Michigan Avenue RFQ. The RFQ was originally issued in 2022 as part of Invest South/West, it encompassed three sites and garnered responses from five separate teams, our in-depth coverage can be found here. Finalists for the fully affordable projects were originally expected to be announced in 2023.
Additional funding has been announced for the Invest South/West winning proposal at 3601 W Chicago Avenue in Humboldt Park. More commonly known as The Ave, the new building would sit on the corner with Central Park Avenue and replace a large vacant lot. The project was originally announced over two years ago by developers KMW Communities and POAH.
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.
Zoning variances have been approved for the mixed-use development at 1515 W 47th Street in Back of the Yards. Located on the intersection with S Justine Street and replacing a vacant lot, the new building is part of the greater Invest South/West project dubbed ‘United Yards’. Developers Celadon Partners and Blackwood Group worked with local-architecture firm DesignBridge on the greater multi-building proposal.
