loader image

Facing uphill climb, developers agree to shrink Evanston office project

A rendering of 1714 Chicago Avenue (Credit: City of Evanston)

A venture of R2 Companies and T2 Investments is shrinking its proposed Evanston office project in hopes of winning over skeptical city officials.

Matt Garrison of R2 Companies (Credit: LinkedIn)

Chicago-based R2 and Wheaton-based T2 Investments now are proposing an 11-story building at 1714 Chicago Avenue, shaving one office floor and one parking level off a proposal that was rejected by city planners earlier this month, according to Evanston Now.

The developers Monday night unveiled the revised proposal for the site, which is currently a 74-space, city-owned public parking lot. As part of their revised plan, the developers would make 74 parking spaces in the new building available to the public full-time, up from 28 spaces in their previous proposal.

While the revised height of the building and number of parking spaces match what the city sought when first opening up the site to potential development, the developers still face an uphill climb because they need at least 7 of 9 aldermen to approve the plan and two already said they will oppose it, according to Evanston Now. [Evanston Now] — John O’Brien

Recommend0 recommendationsPublished in Real Estate

Share this story with your network.

Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on print


Recent Stories

Del Marie: locked down, but not out

The rapper-dancer-performance poet rolls with the pandemic punches. 2020 started off so well. January and February were great months for 27-year-old rapper, dancer, and performance

Read More »

Speak with a local expert now.

Learn more about this recent happening by speaking with an agent.