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Fifield To Start Apartments at $750M Project

CHICAGO-Fifield Cos. is starting construction this month on two apartment towers, with a total of 857 units, as part of its $750-million K Station development.

By Gina Kenny | Updated on October 16, 2007

(Read more on the multifamily market.)

CHICAGO-Fifield Cos., based here, is starting construction this month on a total of 857 apartment units in two towers, at 555 W. Kinzie and 365 N. Jefferson, as part of its K Station development. The project will have a total of 2,400 units when completed in the area bordered by Kinzie, Clinton, Halsted and Wayman streets and is expected to have a total value of $750 million, Cavenaugh says. The two towers are being developed in a joint partnership with Pacific Life Insurance Co., headquartered in Newport Beach, CA.

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