The Chicago City Council has approved Thrive Exchange South, a mixed-use development planned for 7901 S. Exchange. As the winner of a recent Invest South/West RFP, the project will reactivate the intersection at the 79th St Metra stop. Planned by DL3 Realty, the project site is located at the southeast corner of S. Exchange Ave and E. 79th St, with a two-story existing building that will be demolished.
Designed by KOO, the project will encompass a six-story mixed-use building topping out at 78 feet with a new landscaped plaza. A retail plaza will face the Metra tracks and the intersection, with a tenant amenity deck on the second floor overlooking it. The facade is drawn from the context of the Ringer Building, with choices selected to complement its materiality. A warm brick mix will be paired with copper metal panels at the bay windows and lower recessed spaces. The arched openings draw from the arches at the Ringer Building.