NEWS & NOTABLES

CHICAGO—NEXT Apartments, Fifield Realty Corp.'s 28-story, 310-unit rental tower in Chicago's River North neighborhood, just earned Three Green Globes certification from the Green Building Initiative, a commercial building certification equivalent to LEED Gold. No other new-construction building in Chicago has been awarded the certification. GBI awards between one to four Green Globes, with three earned for best practices regarding energy, water and environmental efficiency. “From the outset, NEXT was designed with the goals of improving energy efficiency, water conservation, CO2 emissions reduction and indoor environmental quality, and with environmentally sensitive building materials,” says Steve Fifield, chairman of Chicago-based Fifield Cos. Fifield noted the building's location in a dense urban area with easy access to public transportation also factored into its green certification, as NEXT, which opened one year ago and has reached 97% occupancy, allows residents freedom from their cars on a daily basis.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.