Plan of Evanston
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estimated cost includes breakwaters, revetments, fill, leveling, black dirt and seeding, and amounts to approximately $1,690,000.00, and to this must be added the cost of a 40 foot roadway and inexpensive pontoon bridges in locations as shown on plan, amounting to an additional $110,000.00. Thus you see the island scheme is something for the future to be considered when the city grows larger or perhaps in co-operation with some such body as the Lincoln Park Commissioners.
Through the courtesy of a gentleman well informed on real estate values in Evanston, we have received figures on the values of property affected by our City Center plan that we consider reliable. The block bounded by Davis Street, Sherman Avenue, Church Street and Orrington Avenue is a very hard piece of property to put a value on for the reason that its value depends largely on the use made of it as it could be improved with so many different frontages; for instance, the Davis Street frontage running back one hundred feet on both Sherman Avenue and Orrington Avenue, to our mind, would be worth about one-quarter of the entire block. The property immediately adjoining this property on the north really should be considered as one frontage as it would only have an average depth of 90 to 100 feet, and if split into two frontages would only have about 45 feet in depth. The property now used as a park would be considered by some as Church Street frontage and by others Orrington Avenue and Sherman Avenue frontages and the values, of course, would change accordingly. In order to get at a reasonable ground value it has been figured in several ways and after doing so, we feel justified in saying that the ground value of this block would be approximately $125,000.00.
We understand that the ground contained in the above mentioned triangle all belongs to the Northwestern University. The interests of the University and those of the city at this point are in a measure indentical. It is just as important for this great educational institution to have a dignified
