Taylor Johnson client Fifield Cos. is taking its successful luxury apartment model to the suburbs. Yesterday, the developer held a groundbreaking ceremony in Evanston for its latest project, E2. The 356-unit development will consist of two separate towers connected by a four-story parking garage and amenity deck, which will include all of the luxury perks that have become synonymous with Fifield developments, such as: a basketball court, theater, fitness center, business center and an outdoor pool and spa. YoChicago has the details as well as footage from the event.
The E2 development Team, L-R: Robert C. King, Carroll Properties; Steve and Randy Fifield, Fifield Cos.; Walter Smith, Northwestern Mutual
In other Fifield news, Crain’s reports that the company recently refinanced its loan on the 496-unit K2 Apartments development in Chicago. The refinance shows a significant jump in value as the new loan amount is 45 percent more than the project’s original loan.