MarshallZehr provides $20M construction loan for EVE Park development

Congratulations to our client, s2e Technologies, for closing on a $20M construction loan for their EVE Park project in London, Ontario, with an enhanced focus on ESG considerations. This loan will facilitate the completion of the development’s first phase, which features two blocks of townhomes, each comprised of 21 residential units. Ellis Don, acting as the construction manager, has made substantial progress on the construction of the two townhome blocks; additionally, the project has achieved a significant level of pre-sold units.

Featured in the Ontario Home Builder, Eve Park is ranked as the most high-profile modular construction project in Ontario. This equates to faster, stronger, and cleaner materials. This multi-phased development will seek to set a new standard for sustainable building in the real estate industry by incorporating various innovative carbon and waste reduction features, ensuring the project meets the highest environmental benchmarks. EVE Park will achieve an impressive Net-Zero Energy target, significantly decreasing its carbon footprint. Additionally, residents will have access to a fleet of premium electric vehicles to share, reducing carbon emissions from travel.

Located on Lumen Drive in London, Ontario, the project is within 20 minutes of Highway 401, and is 15 minutes from London’s downtown core. The site is also within minutes of various grocery stores, schools, parks, and amenities that will appeal to families and individuals alike.

We’re thrilled to see the positive impact that EVE Park will have on the community in London, Ontario, as it fosters a greener and more environmentally responsible future.

About MarshallZehr Group

MarshallZehr Group provides customized construction and development financial solutions for high-performing real estate developers. With more than $3.8B of fundings over 370+ projects, MarshallZehr has become one of Canada’s most trusted real estate capital partners. We add value beyond capital – our team’s decades of experience help deliver the strategic insight and vision necessary to craft tailored financial solutions, all backed by our industry recognized mortgage administration services.

About s2e Technologies

Since 2006, the s2e leadership team has been innovating in clean energy solutions. In recent years, the team has pivoted to focus on a more impactful target: building sustainable housing communities based on our 7-Gen Principles. They advance environmental sustainability through market-based solutions to build a better future for the environment, their stakeholders, and the communities they serve.