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.
Further details and an updated timeline have been revealed for the upcoming mixed-use development at 121 W Michigan Boulevard in Michigan City, Indiana. The 32,000-person city is located around 60 miles from The Loop, but is accessible via the South Shore Line and sits just over the boundary of the greater metropolitan area.
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.
A groundbreaking has been held for a major new mixed-use development at 121 W Michigan Boulevard in Michigan City, Indiana. One of the furthest cities within the greater Chicagoland Metropolitan Area, the 32,000 person city is hoping to revitalize its downtown with its connection to Chicago. Led by YAB Development, who also helped develop Google and McDonald’s in Fulton Market, the project is being designed by Chicago’s Koo Architects.
The first approval has been granted for the 18th & Peoria framework plan in Pilsen by the Chicago Plan Commission. Previously announced in March of this year, the 6.3-arce site has belonged to the city since 2022 after some failed attempts to be redeveloped. Now the city and the Chicago Department of Housing (DOH) are leading the masterplan efforts designed by AECOM with local firms UrbanWorks and Koo Architecture.
