DL3 Realty

We are proud to announce that DL3 Realty’s very own Yasamin Enshaeian, AIA, NCARB has been appointed as a member of the Cut the Tape Task Force, a group of development leaders hoping to address and resolve obstacles within Chicago’s housing and development process. The Cut the Tape Initiative aims to streamline and expedite commercial development to enable efficient affordable housing. Congratulations to all appointees selected to participate in the Task Force, which is committed to promoting a better, stronger, and safer Chicago! #CutTheTapeInitiative #DL3Realty #InvestInCommunity Learn more at chicago.gov

From affordable housing to industrial buildings, our connection to the community creates a pipeline of development opportunities that improve the quality of life for everyone.  #DL3Realty #ConnectionToCommunity #OurVision 

A drive along Chicago’s Halsted Street, from Lakeview and Lincoln Park on the North Side to Englewood and Roseland on the South Side, reveals a shift in the streetscape, from vibrant storefronts to vacant lots. It’s a pattern rooted in decades of disinvestment and racism. To change that reality, DL3 Realty aims to bring an equity focus to the development level of Chicago's real estate industry. Watch Full Story Here: https://lnkd.in/eziMqEip #ChangingTheMap #DL3Realty #BlackandLatinoLeaders

At the 30th Anniversary of the Local Initiatives Support Corporation (LISC)-Chicago Neighborhood Development Awards, The Roseland Community Medical District was awarded for its outstanding achievement in providing access to quality medical services, employment opportunities, and housing to Chicago’s far South Side community.     The vision and development of this plan are the result of extensive discussions and collaboration among community residents and stakeholders, the Roseland Community Medical District, The New Roseland Community Hospital Board of Directors, healthcare providers, the Chicago Department of Planning and Development, the Chicago Department of Transportation, the Chicago Transit Authority, and CTA- Chicago Red Line Line Extension Transit-Supportive Development team. Huge congratulations to all award recipients of the night! #LISC #CNDA #ChicagoDevelopers #ChicagoRealEstate #ChicagoNeighborhoods

We are proud to officially announce the hand-off of The Roseland Medical Center. Originally owned by Leon Walker and now managed by 👊🏾 Lyneir Richardson, and his investment firm The Chicago TREND Corporation, the property has raised more than $100K in community support. This backing allows Black entrepreneurs, community residents, and other interested socially-minded impact investors to co-own the Roseland Medical and Retail Center in Chicago, IL. This community investment exemplifies the power of togetherness and what can happen through intentional revitalization. Thanks to the efforts of DL3 Realty's very own Ryan Christopher Green, Chirayu Patel, and Bill Smith who contributed to the success of this historic transaction!   Great things are happening on Southside Chicago!   .#ReinvestinginCommunities #RoselandMedicalCenter #Revitalization

We are excited to share the June plan commission and recent zoning committee approval of our West Pullman industrial center development—a brand new 400,000 square-foot LEED Silver Certified industrial facility that will bring head of household jobs to a 25-acre site that has been vacant for over 50 years.   Approximately, 20 years ago the City of Chicago created PMD 10, one of the city's first Planned Manufacturing Districts, in West Pullman to address disinvestment and the longstanding, abandoned industrial sites along 119th Street industrial corridor once home to the nation's largest manufacturers such as International Harvester, Ingersoll Rand, and Borg Warner. The West Pullman Industrial District once provided thousands of jobs in West Pullman, Morgan Park, Victory Heights, and Roseland neighborhoods.    DL3 Realty is grateful for the visionary and steadfast support of 21st Ward Alderman Ronnie Mosley as we are now, finally clear to move forward on a project that we have been passionately pursuing for over ten years. Additionally, we appreciate the support and leadership of DPD Commissioner @Cierre Boatright, Erika Sellke, AICP Chicago Department of Planning and Development, Abraham Lacy Far South Community Development Corporation, and local elected officials including, State Representatives, Justin Slaughter (27th District), Robert "Bob" Rita (28th District), Cook County Commissioner Monica Gordon, and Congressman Jonathan Jackson.   The West Pullman Industrial Center is an example of our Venture Development model and builds on the successful redevelopment of the vacant Target store two blocks west on 119th Street that we redeveloped with a #BlueCrossBlueShield Customer Care Center and #BlueDoor Neighborhood Center, together providing over 500 local jobs.     We appreciate the hard work of the DL3 team led by Leon Walker including Ryan Christopher Green, Andrew Stables, Alex J. Sparhawk, Esq. Rob Rose and our development team partners including Mariah DiGrino and Andrew Cooper of DLA Piper; Patrick Clay and Leah George of ARCO/Murray, and Marek Pula of Ware Malcomb, Luay Aboona of KLOA, Michael S. Mondus Spaceco, and Michael Hillebrenner, P.E..

The newly constructed Park Station Lofts is comprised of 58 apartment homes, 41 of which will serve households earning between 30% to 60% of the Area Median Income (AMI), as well as 17 market-rate units in Chicago's Woodlawn neighborhood. Just steps away from the University of Chicago and in close proximity to the upcoming Obama Presidential Library Campus, Park Station is a transit-oriented development, located just 350 feet from the Cottage Grove Station of the CTA Green Line. Thank you to The Michaels Organization, Alderwoman Jeannette B. Taylor in 20th Ward,  and additional valued partners for making this space a reality for the Woodlawn community.    #parkstationlofts #venturedeveloper #affordablehousing 

Bill Smith has worked with DL3 Realty in many capacities since 2003. As a consultant, he continues to manage its 500,000-square-foot property portfolio, including facilities and exterior maintenance, capital budgets, security, and IT. Before joining DL3, Bill was a highly recognized leader in public service, working for the Department of Human Services. Given his extensive work in public service and now in real estate, what's his advice? Have "God, faith, and keep positive people around you." #DL3Realty #DL3Cares #Leadership

Today we honor and celebrate Juneteenth! #juneteenth

DL3 proudly honors Juneteenth National Independence Day, a federal holiday, officially recognized on June 19, 2021 by President Biden.  On June 19, 1865, federal troops arrived in Galveston, Texas to take control of the state and ensure the freedom of all enslaved people after the enforcement of the Emancipation Proclamation on January 1, 1863. Join us as we commemorate our past and celebrate the resilience, strength, and contributions of Black Americans to our nation's history and culture. Happy Juneteenth!