Top South and West Side Developments Driving Real Estate Growth in 2025
Chicago’s West and South Sides are poised for transformative growth, with several major developments set to reshape these neighborhoods. Investments in infrastructure, transit, and housing will enhance connectivity and affordability, while new business initiatives and community programs will create fresh economic and social opportunities. These projects aren’t just about new buildings—they’re about strengthening the fabric of these communities, attracting residents, businesses, and investors eager to be part of their revitalization.
South Side
Bronzeville Lakefront – A 100+ acre redevelopment that will be constructed on the site of the former Michael Reese Medical Center. Plans call for development of mixed income housing, a new Metra Station, senior housing, and a medical research and innovation hub. The first phase will see 1.3+ million square feet of retail, office, 300 units of senior housing, a new data center, and a Bronzeville welcoming center.
Thrive Exchange – A mixed-use development planned for 7901 S. Exchange. The project will feature a six-story mixed-use building featuring a retail plaza. The development will include 43 affordable workforce housing units.
Englewood Connect – A mixed-use, 3 phase development that plans on restoring one of Englewood’s historic assets. The “castle” firehouse, now vacant will be redeveloped and repurposed into a space for the community. The space will become a venue for commercial kitchens, business incubator, market spaces, performance arenas, food trucks, and more.
Quantum Hub – Illinois is making a $500 million bet on quantum technology with the development of the Illinois Quantum and Microelectronics Park (IQMP) on Chicago’s South Side. The 128-acre campus will be set to open by the end of 2026 at the site of the former US Steel South Works Site.
CTA Red Line Extension – The 5.6 mile extension of the red line starting at the 95th Street terminal and stretching to 130th Street. The extension will help Far South Side residents with access to quality jobs and opportunities outside of their immediate neighborhoods. It is one of the largest infrastructure investments on the Far South Side in many decades.
West Side
1901 Project – A $7 billion private investment that will transform the West Side with a massive infusion of new development. The project entails more than 13 million square feet that will change the surrounding neighborhoods by featuring housing, commercial space, hotel, retail, entertainment , and quality public space.
Lawndale ReDefined – $30+ Million joint venture that features 60 mixed-income apartments, three market rate townhomes, retail and restaurant space, and a community center with a focus on technology and arts.
United Yards – The project consists of a new 45-unit, six-story apartment building with ground-floor business hubs and youth-focused opportunities.
Max Grossman is a Director at Interra Realty and graduated from Michigan State University and is a licensed real estate broker in the State of Illinois.