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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.   


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DL3 Realty

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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