
DL3 Realty Breaks Ground on $40M INVEST South/West Development in Englewood
City officials and DL3 Realty broke ground Tuesday on Thrive Englewood, a $40.2-million INVEST South/West project in Chicago’s Englewood neighborhood that will bring a mixed-income, transit-oriented development to the 900 block of West 63rd Street.
Located at 914 W. 63rd St., the project’s first phase consists of 62 one- to three-bedroom apartments, 51 of which will be affordable for households earning up to 60% of the area’s median income (AMI). Two of the units will be for live-work tenants.
The six-story project includes an on-site fitness room, a community room, bike storage, and laundry facilities on each floor. Nearly 2,500 square feet of ground-floor retail space is anticipated to include casual dining options.
The 2.4-acre project site will include a second phase with 44 mixed-income apartments. Both buildings and the retail space will be served by a landscaped, 65-space parking lot.
Rendering courtesy of Perkins&Will.
- ◦Development