Crain's reports this hour that the Evanston City Council has approved a 31-story, 447-unit apartment building right next to Inner Drive Technology World HQ v2.0:
Chicago-based Vermilion Development has submitted a zoning analysis application for a 447-unit, 330-foot-tall building at 605 Davis St., with ground-floor retail space, according to a report from the city manager.
If built, a tower of that height would eclipse Orrington Plaza, currently Evanston’s tallest building at 277 feet.
The suburban apartment market is virtually full, with the median net rent rising 3.8% year over year in the third quarter of 2024, according to data from Integra Realty Resources. Evanston is an especially popular residential market with a built-in renter base of Northwestern University students and staff.
The lot in question is this one, visible in this IDTWHQ Office Cam view from July 2005:
Image may be NSFW.
Clik here to view.
IDTWHQ moved there on 18 January 2005, 20 years ago next week. In a year or two, the only thing visible from that office will be a blank wall. (On 4 October 2005, I moved to IDTWHQ v3.0, across the hall from v2.0.)
