The iconic Kowloon restaurant offered a glimpse of what could become of its Saugus property at a planning board meeting this month, including showing off renderings of two buildings with nearly 200 apartment units.

The news comes amid years-long speculation of what might happen to the Kowloon property. Several years ago the Wong family told the public that the 75-year-old pan-Asian tiki restaurant would likely downsize in a few years.

The proposal that Michael McKeown, a partner at New Hampshire’s Dennis Mires Architects, presented to Saugus’ planning board on Oct. 2 featured two buildings and a total of 198 one-bedroom apartments. The first floor of these buildings also includes “high-end commercial construction.”

A new iteration of Kowloon would eventually move into one of those c

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