The winning proposal could begin construction as soon as Fall 2022
As part of the two-year anniversary of Invest South/West, Mayor Lori Lightfoot announced the winners of three more RFP’s, including the South Shore RFP. This RFP, as well as the other two, were selected from a pool of developer responses that came after the RFP’s were announced in April by the Department of Planning and Development (DPD).
Developed as a joint venture between DL3 Realty, Revere Properties, and Claretian, Thrive Exchange was selected as the winner out of two submissions. Designed by KOO, the proposal is planned for multiple sites adjacent to the Cheltenham station on Metra Electric’s Main Line located near the intersection of E. 79th Street and S. Exchange Avenue.