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.
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.
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.
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.
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.
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.
DL3's Park Station project, approved by the City Council, represents a significant step in providing affordable housing solutions in Woodlawn, with 41 affordable apartments among the 56 total units, in compliance with the Woodlawn Affordable Housing Ordinance, contributing to the revitalization of the community alongside other planned developments.
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.
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.
