WINNETKA – The developer of One Winnetka wants to make some changes to the downtown residential project to reduce costs.
The Winnetka Village Council is scheduled to consider proposals by SB One Winnetka Managing Partner David Trandel when it meets for its regularly scheduled meeting on December 19. The village staff summarized the situation in the agenda for Tuesday night’s meeting:
On December 19, 2017, the Village Council is scheduled to consider proposed changes to the One Winnetka project as summarized in a December 12, 2017, letter from David Trandel, Managing Partner, SB One Winnetka, LLC. In summary, the Developer would like to replace the proposed East and West parking garages with a second level of parking under the proposed One Winnetka building. In addition, the Developer proposes shifting the One Winnetka building to the east. They would no longer need to acquire portions of the Lincoln Avenue right-of-way, but would need to acquire a portion of the existing Village parking lot property located to the east of the One Winnetka parcels. The Developer states the proposed changes are necessary to reduce the overall project costs in order to bring the costs in line to make the project financially feasible.
Since the Village Council granted preliminary planned development approval to One Winnetka on January 17, 2017, the village’s Plan Commission, Design Review Board and Zoning Board of Appeals have reviewed and recommended approval.
At the December 19 meeting, the village staff will ask the council to determine the following:
- if it is interested in considering the proposed changes
- if and how the advisory bodies should be involved in the review of the revised plans, and
- if the advisory bodies are to be involved, what direction the Council may wish to give the advisory bodies in their review of the revised plans.
DailyNorthShore will update this story after the meeting.