ABOUT THRIVE EXCHANGE
Thrive Exchange is a transformative, $100 million community investment at 79th Street and Exchange Avenue led by Thrive Exchange Partners - DL3 Realty, Chicago Family Health Center, NHS Chicago, and Revere Properties. As a nominee competing for the $10 Million Chicago Prize award, this equitable transit-oriented development project is designed to address three critical needs in our community: access to health care, quality affordable housing, and financial stability. Led by experienced partners with deep roots in the community, Thrive Exchange is composed of luxury workforce housing, new retail businesses, and a new state-of-the-art health care center. The first phase of this project was selected by the City of Chicago through an INVEST South/West competitive funding award in 2021.
Thrive Exchange will REIMAGINE, REVITALIZE, and REINVEST in South Shore and South Chicago.
PROJECT IMPACT
New 20,000 SF healthcare center serving 15,000+ patients per year
- 150+ permanent jobs
- 50+ high-quality health care jobs
- 50+ retail, property management, & entrepreneurship
300+ construction jobs
76 new luxury workforce apartments and 24 new for-sale condominiums
New restaurants and shops that will enliven the street
Homeownership and financial counseling, personal health, and illness prevention