Plans submitted for library lot office tower

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Just over eight months after a city land sale for it was approved, developers of the proposed office tower at 1714-1720 Chicago Ave. have submitted planned development documents for the project.

The documents, dated last Friday, show a design much like the one presented at the time aldermen approved the $4 million sale of the 74-space parking lot on the site.

However, while some text in the proposal describes an 11-story building, which was the height discussed at the time the land sale was approved, floor plans and renderings show a 13 story building that would have four floors of parking for a total of 117 cars and nine office floors.

The developers say they have been approached by potential tenants who could bring several hundred new office-worker jobs to Evanston and that the project would generate more than $1 million annually in new property taxes.

A consultant to the developer says the Class A office market in Evanston now has a vacancy rate of less than 5 percent.

A consultant’s traffic study indicates the street network can accommodate the additional traffic from the development.

The project will require public meetings of the Design and Project Review Committee and the Plan Commission before it reaches the City Council for final action. Those meetings have not yet been scheduled.

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