With a warm up from a group of dancers dressed as construction workers, the developers of the E2 apartment complex in downtown Evanston celebrated the topping off of the two-tower project this noon.
Bob King of co-developer Carroll Properties said the $109 million project would have a multiplier effect as labor wages and material costs recirculated through the economy.
Alderman Peter Braithwaite, whose 2nd Ward includes the development site on Emerson Street between Oak and Maple avenues, said the project had already generated $1.3 million in building permit fees for the city and would likely generate as much as $1.5 million in annual property taxes once it is completed.
Randy Fifield, of co-developer Fifield Cos., said the development “it will usher in a new standard of luxury living in downtown Evanston.”
Interior buildout is getting underway, with the developers showing off a partially-finished one-bedroom corner unit on the 1881 Oak Ave. tower’s fourth floor.
Taking a look at the future model unit’s kitchen.
Units in the E2 towers will range from 500 to 1,300 square feet and offer studio and one-, two-, and three-bedroom layouts.
The living room of the model unit.
The apartments are planned to have quartz countertops, plank floors, stainless steal appliances and in-unit laundry facilities.
Stacks of drywall waiting to be installed on the walls of additional units on the fourth floor.
The developers say the “amenity deck” on top of the building’s parking garage will have a full-size basketball court, yoga studio, fitness center, as well as a zen meditation garden and outdoor pool and spa.
The development will include a total of 356 rental units. Completion is scheduled for sometime next winter.