South Shore

Details Revealed For Mixed-Use Development In South Shore

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.

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Pritzker Foundation Announces Chicago Prize Finalist Across Neighborhoods

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.

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City Announces Winners Of Chicago Works Community Challenge

The City of Chicago has announced the first seven winners of the first round of the Chicago Works Community Challenge across the city. In a press event at Rainbow Beach Park led by Mayor Lori Lightfoot, the winners of a combined $1.5 million grant were declared part of the larger $10 million initiative which began in 2021 and garnered roughly 500 submissions from locals across the seven target regions.

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New Round Of Winners Announced For The Invest South/West Initiative

Three new winners of the city’s Invest South/West initiative have been announced by the mayor in Humboldt Park and South Shore. The three winners are located at 3601 W Chicago Avenue and 4000 W North Avenue in 2908 E 79th Street in South Shore. All together the three proposals represent a $126 million investment in the neighborhoods aimed at increasing the quality of life, adding equitable affordable housing while joining a list of seven past winners of the two-year-old program that are set to break ground soon.

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Regal Mile Studios. Rendering by Bauer Latoza Studio

City Council Approves Regal Mile Studios Development at 7700 S Stony Island Avenue in South Shore

The Chicago City Council has approved the Regal Mile Studios development located at 7700 S Stony Island Avenue in South Shore. The large triangular site is bound by S Stony Island Avenue to the east, E 77th Street to the north, and S Chicago Avenue to the southwest. Formerly the home of a Kmart, the almost seven-acre parcel now sits vacant. Regal Mile Ventures LLC is the developer behind the project, composed of Loop Capital and Derek Dudley, a producer of Showtime’s The Chi series.

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