Real Estate

Thrive Exchange To Bring More Affordable Housing To South Chicago

The six-story mixed-use building will include 43 units of affordable housing, 84 units of luxury workforce housing rental apartments.

A $100 million project in the South Chicago neighborhood is celebrating its progress to bring more affordable housing and reinvestment opportunities to the South Side of Chicago.
A $100 million project in the South Chicago neighborhood is celebrating its progress to bring more affordable housing and reinvestment opportunities to the South Side of Chicago. (CBS Chicago)

May 9, 2025

A $100 million project in the South Chicago neighborhood is celebrating its progress to bring more affordable housing and reinvestment opportunities to the South Side of Chicago.

Find out what's happening in South Sidefor free with the latest updates from Patch.

Thrive Exchange South, at 79th Street and Exchange Avenue, celebrated its "topping off" on Thursday, as crews raised the final beam of its construction.

"As we raise the final beam of this transformative project, we are doing far more than just topping off a building, we are raising the bar for what's possible in South Shore and South Chicago," Ald. Greg Mitchell (7th) said.

Find out what's happening in South Sidefor free with the latest updates from Patch.