Evanston’s Plan Commission Wednesday night recommended approval of a five-story, 120-unit apartment development on the site of the Vogue Fabrics store in the 700 block of Main Street.
The development will include 12 affordable units under the city’s inclusionary housing ordinance and a total of 47 parking spaces along with 3,774 square feet of ground-floor commercial space.
Paul Dincin, of developer Catapult Real Estate Solutions, says unit sizes in the building are being purposely kept smaller than typical, to keep rental unit price points lower than average for new-construction units in the area.
Studios, which will range from 405 to 447 square feet in size are planned to rent for about $1,500 a month. One bedroom units, topping out at just under 700 square feet will be prices around $2,100 and two bedroom units will coast about $2,700 a month.
The inclusionary housing units will be rented to income-qualified households at 60% of area median income for 30 years. Current rates for those range from $955 for a studio to $1,228 for a two bedroom unit.
The commission’s approval was conditioned on inclusion of several recommendations from city staff, including providing a publicly-accessible pedestrian walkway at the east end of the site to connect Main Street to the alley behind the building, providing bird-friendly and Monarch butterfly-friendly measures, employing Evanston residents during construction and providing funds to aid the city’s full reconstruction of the alley.
The project still requires approval from the City Council.