DL3 Realty

Plans For Bank Redevelopment In Woodlawn Move Forward

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.

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Initial TIF Granted For South Shore Mixed-Use Development

Funding has been partially approved for part of the mixed-use development centered at 2935 E 79th Street in South Shore. Located on the corner with S Exchange Avenue in front of the Cheltenham/79th Street Metra station, the multi-lot project will redevelop a pair of existing buildings and create new opportunities for home ownership. Dubbed ‘Thrive Exchange’, developer DL3 Realty is working with KOO Architects and Site Design Group on the design of the proposal which won a 2021 Invest South/West RFP.

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Permits Approved For Affordable Mixed-Use Development In Englewood

Initial construction permits have been approved for the first phase of the mixed-use Thrive Englewood development at 914 W 63rd Street in Englewood. Located on the corner with S Halsted Parkway near Kennedy-King College, the multi-phase project received City Council approval late last year and is now one step closer to breaking ground. Developer DL3 Realty has worked on similar projects nearby including the recently announced Washington Park National Bank building, and is working with Perkins + Will on Thrive’s design.

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Initial Funding Announced For Bank Redevelopment In Woodlawn

Initial funding has been announced for the mixed-use development at 6300 S Cottage Grove Avenue in Woodlawncovered the plans to restore and redevelop the old Washington Park National Bank building mid-last year. Now plans for the structure located on the southwest corner of the intersection with E 63rd Street received new life thanks to city-approved funding. Developer DL3 Realty has been working on its plans for a few years now and is working with local firm bKL Architecture on this iteration.

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