"An equitable transit-oriented high-rise coming to South Shore"
This building is not yet open
All information on this page is based on pre-sales materials, architectural filings, and developer announcements. Ratings are preliminary and will be updated once the building opens and residents move in. Occupancy is expected in TBD.
The Rundown
XChange is a $40 million, 22-story mixed-use tower planned for a vacant lot at 72nd Street and Exchange Avenue in Chicago's South Shore neighborhood, near the South Shore Cultural Center. Developed by a team of five Black developers under Model of Transformation Design and Development, the project is designed as an equitable transit-oriented development with 153 residential units — 80% market-rate and 20% affordable — along with ground-floor retail and a restaurant at the top.
The project was first announced in January 2023 and has garnered significant community support as a neighborhood-led development. Plans include a pool, balconies on every unit, and easy access to the Metra Electric line. The South Shore location offers proximity to the lakefront, the South Shore Cultural Center, and the 71st Street commercial corridor.
We will publish full ratings once the building opens.
Who Lives Here
South Shore residents, community-oriented renters, and people seeking affordable and market-rate housing near the lakefront with strong neighborhood ties.
The Neighborhood
South Shore is a lakefront neighborhood on Chicago's South Side, anchored by the South Shore Cultural Center — a historic 1906 building on the lakefront with a beach, golf course, and event space. The neighborhood has a strong community identity and is seeing renewed investment.
What You Get
Elevator Experience
Upper Level Intel
Community-Led Development
XChange is developed by a team of five Black developers who grew up in or near South Shore. The project is explicitly designed as an equitable transit-oriented development for the community, not just for outside investors.
Every Unit Gets a Balcony
Unlike most Chicago high-rises, XChange plans to include a private balcony on every residential unit — a significant amenity at this price point.
The Good & The Not-So-Good
Wins
- ✓Equitable community-led development — 5 Black developers
- ✓Every unit will have a balcony
- ✓Pool and rooftop restaurant planned
- ✓Near South Shore Cultural Center and lakefront beach
- ✓20% affordable units
Watch Out
- ✗South Shore is not downtown — limited walkability to Loop
- ✗Project timeline not yet confirmed
- ✗Building not yet open — ratings are preliminary
The Verdict
XChange is a community-driven, equitable development bringing a 22-story mixed-use tower to South Shore — with a pool, balconies on every unit, and a rooftop restaurant. We will publish a full review once the building opens.
Getting Out of Chicago
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