Our vision for chicago's neighborhoods

From medical centers to grocery stores, our connection to community creates a pipeline of development opportunities that improves the quality of life for everyday Chicagoans.




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select projects

Below are a few of of our recent projects.
Morgan Park Call Center storefront

BCBS Morgan Park Call Center

Morgan Park, Chicago
DL3 repurposed an abandoned big box store in the Morgan Park neighborhood. The 129,000 sq. corporate call center Morgan Park Solutions Center now includes one of HCSC's three neighborhood centers in Chicago, which provide wellness classes and work with partner organizations to address needs that impact health, such as transportation, food security, employment, and stable housing.
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Park Station rendering from an isometric perspective

Mixed Income Housing - Park Station

Woodlawn, Chicago
Park Station, a 58-unit mixed-income, affordable luxury building in Woodlawn, marked a pivotal year in 2022, securing construction financing, breaking ground, and adhering to the Woodlawn Housing Preservation Ordinance, offering spacious housing and community amenities while promoting income diversity and resident protection.
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Jewel Osco in Woodlawn Chicago grand opening

Jewel Osco

Woodlawn, Chicago
DL3 and Terraco Real Estate collaborated to develop a 48,000 SF Jewel-Osco grocery store in Woodlawn, the first in over 40 years, featuring a drive-thru pharmacy, public art sculpture, and providing essential jobs and fresh food access to the community.
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Friend health storefront

Friend Health Medical Campus

Woodlawn, Chicago
Friend Health Woodlawn HQ, supported by federal NMTC allocation, revitalized an economically distressed neighborhood in Chicago's Woodlawn area, creating a 38,000 sq. ft. medical facility, generating over 200 jobs, and contributing to the strategic revitalization of the 63rd Street and Cottage Grove Avenue intersection.
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A Gift Of Hope

Woodlawn, Chicago
DL3, alongside Gift of Hope Organ & Tissue Donor Network and Malcolm X College, is leading a community redevelopment project in Chicago's Chatham neighborhood, repurposing a historically significant building to house community outreach, education, and vital healthcare services.
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Revive 6300 building from an isometric perspective

Washington Park Bank Building

Woodlawn, Chicago
Revive 6300 will be the flagship development of the Central Woodlawn Development Initiative at 63rd & Cottage Grove.
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Shopping complex Thrive Exchange aerial view

Thrive Exchange

South Shore, Chicago
DL3's THRIVE Exchange mixed-use project, awarded as part of Chicago's Invest South/West initiative in late 2021, includes the renovation of the historic Ringer Building, 76 luxury workforce housing units, 24 for-sale condominiums, and ground-floor retail, with a total $100 million investment aimed at revitalizing the Cheltenham neighborhood.
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Tall and slick building in white

Thrive Englewood

6249 S Sangamon Street, Englewood Chicago
DL3, in collaboration with the City of Chicago, is undertaking the THRIVE Englewood project, featuring affordable luxury housing and amenities, as part of the city's initiative to allocate over $1 billion in Low-Income Housing Tax Credits, aimed at revitalizing the Englewood community and attracting working families to the area.
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