Construction permits have been issued for the renovation and alteration of a three-story residential building located at 6727 S East End Avenue in the South Shore neighborhood. Owned by South Shore IL Preservation LP, the existing building currently houses 25 residential units. The renovation will involve a level one alteration with no structural changes to the building.
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.
A groundbreaking has been held for the upcoming movie studio at 7700 S Stony Island Avenue in South Shore. Located on a triangular site on the intersection with E 77th Street, the new facilities dubbed the ‘Regal Mile Studios’ will replace predominantly vacant lots along with two small commercial buildings. Developer ID8 Ventures is made up of various key players including Derek Dudley who produces ‘The Chi’ along with Loop Capital, the team has been working with local architecture firm Bauer Latoza Studio on its design.
Initial details have been revealed for the mixed-use development at 7162 S Exchange Avenue in South Shore. Located on the northeast corner of S Yates Boulevard and E 72nd Street, the new structure will replace a vacant lot that used to hold a supermarket which has since demolished near the South Shore Cultural Center. Model of Transformation Design and Development, a local newcomer, is developing the property dubbed ‘XChange’, although no architect was announced.
The initial finalists for the 2022 Pritzker Traubert Foundation Chicago Prize have been announced across various city neighborhoods. The new competition started this year by the foundation was created with the belief that all Chicagoans should have equal access to economic opportunity. The six finalists are vying for a $10 million award, as a part of a larger $30 million commitment to community development on the city’s south and west sides over the next five years according to their website.
