The Thrive Exchange residential development at 7901 South Exchange Avenue in the Cheltenham neighborhood of the South Chicago Community Area has topped out. The six-story affordable housing project received a construction permit on November 27 of last year, and now, less than five months later, concrete for the sixth level was poured last week.
Plans are advancing for the redevelopment of the former Washington Park National Bank at 6300 S Cottage Grove Avenue. Located on the corner with E 63rd Street in Woodlawn, plans for the redevelopment date back to 2019 and have seen various iterations throughout the time. Now the development team, DL3 Realty, has been hosting community input meetings.
A potential groundbreaking date has been announced for the mixed-use Morgan Park Commons at 11420 S Halsted Street in Morgan Park. Sitting on the northwest corner with W 115th Street, the project will redevelop a long-vacant Jewel Osco and its parking lots. We last covered the project in 2022 when it was announced before stalling until now.
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.
Plans for the mixed-use redevelopment at 6300 S Cottage Grove Avenue in Woodlawn are set to be reviewed at this month’s zoning meeting. Located on the intersection with E 63rd Street, the project will restore and expand the old Washington Park National Park Bank building at the heart of the neighborhood. This work is being led by developer DL3 Realty who tapped local firm bKL Architecture for its design.
