Our Vision

A busy city street scene with pedestrians crossing and walking on sidewalks, cars stopped at a traffic light, modern high-rise buildings in the background, and street signs indicating Downtown Evanston.

Evanston Even Better

That empty lot at 605 Davis? It could be called home for 430 young couples, families, and longtime residents. We're not just talking about any housing—we're talking about the kind of housing Evanston actually needs.

344 of these homes will be market rate but still reasonable for the area.  The housing market is tight and many people aren’t able to find homes.  These units provide relief to a supply constrained market.

86 of these homes will be affordable for people who work in our community but have been priced out. The building will be all-electric (good for the environment and your utility bills), and meet all of Evanston's green building standards.

This isn't about changing Evanston's character—it's about giving more people the chance to be part of it.

Three people enjoying a meal together at a dining table, with bananas, bread, and juice.

Designed for People

We designed these spaces for real life. Need a quiet spot to work? Got it. Want to have friends over for dinner? There's room for that too. Storage for all your stuff? We thought of that.

Whether you're a professional working from home, or someone ready to downsize but not compromise, these homes are built for how you actually live.

The building will have ample green space, a dog run, game rooms and bike storage.  So whatever you’re into, 605 Davis rises above the rest.

The building's efficient systems don't just meet environmental goals—they create healthier, more comfortable living spaces while keeping utility costs low. This is sustainability that makes sense for residents and the planet.

Living room with a green sofa, wall art, a large black floor lamp, a wooden coffee table with a white vase and bowls, a beige armchair with a pillow, a macramé wall hanging, a tall plant, and a shaggy rug.

Find Your Perfect Space

From efficient studios to spacious three-bedrooms, every floor plan maximizes light, views, and functionality. Each home is designed to feel larger than its footprint, with thoughtful details that enhance daily living.

City street scene with high-rise buildings, trees, parked cars, and two people crossing the street near a building with black awnings.

Partners in Evanston’s Future

Vermilion Development specializes in projects that invest in people, place and public good. We've developed a reputation for bringing complex real estate projects to life through innovative financing, strategic partnerships, and relentless follow-through.

605 Davis brings together experienced developers, architects, and community partners who understand Evanston's unique character and needs. Our team combines national expertise with deep local knowledge, ensuring this project contributes to the fabric of the community.

We're committed to transparent communication throughout the development process, working closely with city officials, neighborhood groups, and residents to ensure 605 Davis becomes a valued addition to downtown Evanston.

Project Timeline

The construction process will bring immediate economic benefits to Evanston through job creation and increased business activity, while the completed building will provide long-term housing solutions and sustained foot traffic for downtown businesses.

Phase 1 (We Are Here!)
 Community engagement and city approvals

Phase 2
 Construction begins — 900 new jobs created

Phase 3
Building completion and first residents

Phase 4
Full occupancy and community integration