A developer hopes to build an 11-story office building on the site of the former Burger King restaurant at 1740 Orrington Ave. in downtown Evanston.
The plans, submitted to the city for a zoning analysis earlier this month, would also replace a three-story apartment building at 1732-1734 Orrington, just south of the Burger King.
According to county records, LG Development Group, LLC has agreed to pay $3.15 million in cash for the Burger King site if the city approves the project.
The developer has proposed a building that would have ground-floor retail and 35 underground parking spaces.
Under the city’s zoning code, the property’s D2 zoning calls for a base height of 42 feet with up to an additional 43 feet available as a planned development allowance. In addition, up to 40 feet of floors devoted primarily to parking can be excluded from the height calculation.
The proposed building would be just across an alley from the nearly century-old nine-story Hilton Orrington Hotel which is across the street from the 1940s-vintage seven-story Northwestern University McManus Center.
LG Development has an extensive list of projects, mostly in the City of Chicago.
Evanston projects listed on its website include the Evanston Gateway multi-family residential development at 100 Chicago Ave. now under construction, and two completed restaurant projects, the Smylie Brothers Brewing Company at 1615 Oak Ave. and the 1026 Davis St. building housing Taco Diablo and other restaurants.
Despite the pandemic-induced drop-off in office occupancy rates, office buildings in Evanston have remained popular with investors, given the limited inventory.
The 1007 Church St. office building was listed for sale last week with a reported asking price of at least $40 million.