One-of-a-kind $20 million hub in Greater Grand Crossing
Xchange Chicago’s $20 million center contributes to Greater Grand Crossing revitalization and economic growth.
Xchange Chicago, a first-of-its-kind technology workforce center, will open in Greater Grand Crossing in January 2025. The 28,000-square-foot facility will replace the former Food and Paper Supply Company building at 7247 S. Chicago Ave.
Here are some key highlights of the $20 million hub that will provide access to apprenticeships and full-time roles in tech.
- Anchor Tenant: SDI Presence will be the anchor tenant, occupying 75% of the building.
- Job Creation: The hub aims to create 100 jobs in its first year and over 300 jobs within five years.
- Community Impact: The project is expected to have an economic impact of about $70 million.
- Training Programs: The hub will offer technology training and apprenticeships to prepare locals for tech jobs.
This initiative is part of a broader effort to foster economic growth and provide career pathways for residents on Chicago’s South Side. It’s an exciting development for the community!
Xchange Chicago is an innovative initiative focused on creating a more inclusive economy by providing technology training and apprenticeships to residents of Chicago’s South Side. Led by the Comer Science & Education Foundation, SDI Presence, and P33, Xchange Chicago aims to overcome traditional barriers to upward mobility and wealth generation2.
Xchange offers:
- Technology Training: Programs designed to equip learners with the skills needed for IT careers.
- Apprenticeships: Opportunities to gain hands-on experience and transition into well-paying jobs with benefits.
- Community Impact: By attracting new businesses and creating job opportunities, Xchange contributes to neighborhood revitalization and economic growth.
To learn more visit xchangechicago.org