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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1705 S Canal Street

Permits Issued for New Mixed-Use Building in East Pilsen

Construction permits have been issued for a new mixed-use building located at 1705 S Canal Street in East Pilsen. The four-story structure will feature a 168-car, ground floor parking garage, retail spaces on the second and third floors, a restaurant on the third floor, and a bar on the fourth floor. According to the filing, the development is being spearheaded by New Chinatown Real Estate.

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View of 160 N Morgan Street. Rendering by bKL Architecture

160 N Morgan Street Nears Full Height in Fulton Market

Construction is nearly complete for 160 N Morgan Street, a 30-story mixed-use tower located in Fulton Market District. Developed by Sterling Bay and Ascentris, the tower boasts a height of 350 feet and will provide 282 for-rent apartments atop two levels of retail. The development is set to offer a mix of residences, ranging from studios to two-bedroom floor plans. Furthermore, 28 of the on-site units will be designated as affordable housing.

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