Fieldstone Apartments Prepares for Phase Three; International Paper Sells Three Mills
Developers are preparing to break ground on Fieldstone Apartments ’ third phase, reports The Memphis Daily News . Working under the name Fieldstone Apartments III Co., developers filed a $7. 5 million building permit application with the city/county Office of Construction Code Enforcement . Fieldstone’s third phase will consist of 102 garden-style apartments and detached garages at the intersection of Tournament Drive and Hacks Cross Road —at 7986 Tournament Drive Road —but working under the address 3333 Hacks Cross Road , same as the first two phases. Patton 7 Taylor Construction Co. will be general contractor for the project. Fieldstone’s first two phases, currently operational, include three-story buildings of one-, two- and three-bedroom units. In other news, International Paper has announced the sale of three container-board mills at a combined value of $470 million. One of the three facilities is the New Johnsonville mill in Tennessee, formerly a Temple-Inland mill. Interna...