E
vanston's multifamily developers may benefit from proposed zoning changes that would allow up to four units on residential lots citywide. The Housing and Community Development Committee supports the plan, dubbed Envision Evanston 2045, which aims to increase housing diversity by addressing the need for "missing middle housing" - duplexes, triplexes, and fourplexes often more affordable than single-family homes.
Proponents of the plan say it could help retain younger families and residents who might leave due to a lack of suitable housing options. Community Development Director Sarah Flax notes that small multifamily developments can blend in with existing neighborhoods. While not deeply affordable, they would be more affordable than single-family homes.
However, challenges remain, particularly for nonconforming lots, which make up almost half of Evanston's single-family lots. The revised zoning would reduce this percentage to 40%, but many lots would still be restricted to single-family use. State funding is expected through Gov. J.B. Pritzker's statewide zoning reform initiative aimed at creating more affordable housing.
Developers like Celadon Partners, GW Properties, CityPads, and Catapult Real Estate Solutions are already contributing to Evanston's growth with projects such as a 10-key hotel and a 230-unit apartment building.
realestate
Evanston May Allow Multi-Family Development on Single-Family Lots
Evanston multifamily developers may gain with proposed zoning changes allowing up to 4 units per lot citywide, backed by the Housing and Community Development Committee.
Read More - realestate
realestate
Brown & Riding Names New Real Estate Practice Head
Veteran leader with industry expertise and regional insight
Read More - realestate
realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.
Read More
realestate
New York Judge Denies Bail for Alexander Brothers Trio
Alexander Brothers' Sex Trafficking Case Moves to New York, Brothers Denied Bail.