Fifield Cos. delivered K2, a 496-unit luxury rental tower, in March last year.

While the rapid growth of the downtown apartment market has raised some eyebrows about a potential oversupply, numbers still make a compelling case that more units are needed. In fact, Crain's recently ran an op-ed by Taylor Johnson client Steve Fifield of Fifield Companies  featuring statistics that illustrate how the current crop of supply will not be able to meet new demand.