DL3 Realty

From?the Jewel Osco in Woodlawn, Blue Cross Blue Shield Customer Care Center in Morgan Park, Discover Call Center in Chatham, and a full-service Friend Health Center in Woodlawn, the?work of DL3 Realty is rooted in making strategic investments that benefit Chicago residents through employment opportunities, accessible resources, and quality health care. Learn more about our projects here: https://lnkd.in/dFSyXwuk #DL3Realty #InvestingInChicago #CommunityImpact #HealthAndWellness?

Earlier this week,?DL3 Realty’s?Alex J. Sparhawk, Esq., Director of Acquisitions & Development, joined forces with the Chicago Department of Planning and Development, 20th Ward Ald. Jeanette Taylor, bKL Architecture LLC, and Chicago Public Library?to host?the first?community meeting for the Washington Park Bank Building/Revive63 Initiative. This meeting was an important opportunity to engage with local neighbors, share the vision for the project, and listen to their valuable feedback. At DL3, we strongly believe that real estate development should not only improve buildings but also strengthen the communities they serve.? ? A special thanks to Ald. Jeanette Taylor and her team for their support in facilitating the meeting. Their commitment to ensuring the voices of Washington Park residents are heard is truly appreciated.? ? We are excited to continue working together to bring this revitalization project to life for all in the 20th?Ward. ? #CommunityEngagement #Revitalization #WashingtonPark #Revive63Initiative

With a family legacy that began over?50?years ago,?Leon Walker?grew inspired watching his parents build a daycare to help working families on the Southside. He quickly believed he, too, could make an impact. After graduating from the?University of Chicago?with both a Master’s in Business Administration and a Juris Doctorate, Leon spent years honing his skills in global banking and commercial real estate. Ultimately, the call of Chicago drew him back home to embrace the values his parents instilled—being a helping hand to the community. In?1999,?DL3 Realty, a Black-owned development firm, was formed and has since made a significant impact throughout Chicago with its development of education centers, professional office buildings, mixed-use housing,?call centers, medical districts,?and national tenant-anchored retail centers.? Now,?as a full-service firm with a dedicated team of professionals,?DL3 Realty?is transforming the city through commercial development, advisory services, and philanthropic partnerships with community organizations, all focusing on advancing the quality of life for everyday Chicagoans.?? #DL3Realty #Legacy #Chicago #ChicagoDeveloper #RealEstate??

DL3 Realty is proud to announce the approval of the 135 S. LaSalle Street, Field Building, project. Thank you, City of Chicago's Community Development Commission, for this critical step! This exciting revitalization project, in partnership with Riverside Investment & Development Company and AmTrustRE, aims to transform downtown into a more equitable, economically vibrant, and livable area that will serve as an engine for growth and opportunity throughout all of Chicago's neighborhoods. We understand the significance of this historic building, and we’re excited about its future potential. ? The LaSalle Street Building Reimagined will offer the most affordable housing units in the downtown area, an 80,000-square-foot retail anchor, and high-quality amenities for residents to live, work, and play. ? The next step? The project will go before the Chicago City Council for final approval, and once approved, the renovation process will begin. ? A huge thank you to DL3's Leon Walker, Ryan Christopher Green, and Alex J. Sparhawk, Esq., and partners at Riverside Investment & Development Company and AmTrustRE for their collaboration. ? At DL3 Realty, this project is another example of our ongoing commitment to reshaping the real estate landscape and driving positive change one development at a time. #LaSalleStreet #Reimagined #Chicago #Reinvesting #CommunityDevelopment

Join AIA Chicago's Equity, Diversity, and Inclusion Committee and Historic Resources Knowledge Community for a presentation on the transformation of the Woodlawn Friend Health Center, which provides critical healthcare services to Chicago’s South Side. Attendees will learn about Moody Nolan’s process in rehabilitating the building and the role of community engagement in the design. Snacks and light refreshments will be served. Speakers are Roderic Walton FAIA, NCARB, NOMA, Principal at Moody Nolan, and Alex J. Sparhawk, Esq., Director of Acquisition and Development at DL3 Realty. Thank you to our Knowledge Community and Affinity Group co-chairs: Historic Resources Knowledge Community: Greg M. Andrea Sforza, AIA, NCARB, LEED Green Assoc. Equity, Diversity, and Inclusion Affinity Group: Riya Desai, Assoc. AIA Katie Hart, Assoc. AIA

At DL3 Realty, collaboration breeds innovation. Our diverse and passionate team collaborates to transform communities through impactful real estate development. Each member brings unique skills and perspectives, fostering a culture of innovation and excellence. Together, we tackle challenges and seize opportunities, ensuring that our projects not only meet but also exceed the expectations of the communities we serve. We believe that by working together, we can create spaces that inspire, uplift, and empower individuals.?Our commitment to collaboration extends beyond our team; we engage with community partners to ensure that every project reflects the needs and aspirations of those it serves. In unity, we find strength, and in strength, we realize our vision for a better tomorrow. #DL3Realty #ChicagoDevelopers #CommunityImpact?

We are proud to announce DL3 Realty was one of fourteen recipients selected for the Community First? Diverse Developer Initiative grant from the Federal Home Loan Bank of Chicago! ? The $250,000 award will further DL3’s mission to recruit and train new Black and Brown talent in the commercial real estate industry. ? Launched in 2022, the Community First? Diverse Developer Initiative is a three-year commitment to support the various needs of diverse developers in affordable housing. ? Thank you to Federal Home Loan Bank of Chicago for this innovative program supporting emerging BIPOC real estate developers. To our sponsor Chicago Community Loan Fund, we appreciate your continued partnership in growing our team and increasing diversity in the commercial real estate industry. ? We are grateful to be recognized as one of the leading builders in Illinois, committed to creating equitable opportunities and fostering sustainable community development for all. ? Congratulations to all of the 2024 recipients! AK Development, Community First Milwaukee, Eminent Development Corporation, Hispanic Housing Development Corporation, IBT Group LLC, Illinois Housing Council, KG Development Group, King Solutions, Martin Luther King Economic Development Corporation (MLKEDC) , Northpointe Development II Corp, Rule Enterprises, Southwest Organizing Project. #DL3Realty #DiverseDevelopers #Chicago #AffordableHousing #CommunityDevelopment

Moderated by Nick Brunick, Attorney at Applegate & Thorne-Thomsen, PC,?Leon Walker participated as a panelist alongside Lissette Casta?eda, Commissioner of the Chicago Department of Housing, and Sarah Jane Wick, Senior Vice President at Related Midwest at?the Wisconsin Real Estate Trends Conference. The conversation centered on Illinois’ new Affordable Housing Special Assessment Program, highlighting how it is creating new affordable housing units in Chicago and expanding affordable living options across the city and its neighborhoods. #DL3Realty #DL3Advisors #DL3Cares #RealEstate

Families and youth gathered at Park Station in Woodlawn for the?First Annual?Plant-Based Festival. Community members enjoyed face painting, games, music, food, gardening, and learned about plant-based vendors! ? This festival was made possible thanks to the 2024 Transit Station Activation Project grants from the?Regional Transportation Authority of Northeastern Illinois (RTA). Huge thank you to vendors?Lillian Augusta Beauty,?Paragon Aromatics,?Chicago Grows Food, and?Gardeneers?for bringing smiles to the community! ? Events like these further DL3 Realty’s mission of enhancing transit-oriented and sustainable developments while also helping emerging and rising entrepreneurs thrive and grow their businesses. ?? Photo Credits: Lillian Augusta Beauty

DL3 Realty’s?Director of Asset Management?Chirayu Patel joined?Natalie Smith?and?Patty Nooney?as panelists at the C5 + The CCIM Institute Global Summit in Chicago.? ? As president-elect CCIM Illinois Chapter,?Chirayu?and panelists led a conversation about repurposing development projects and how to turn them into successful investments.? ? Chirayu was appointed Illinois Chapter President in August 2024 and will serve in this role to provide his expertise and develop career opportunities to advance local commercial real estate professionals. #DL3Realty #DL3Cares #CommercialRealEstate