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Updated: 8 hours ago Building Business

Building Business: Mastway Development launches affordable apartment complex in Gardiner

Mastaway Development apartment complex under construction in Gardiner Photo /Tina Fischer Mastway Development’s 32-unit affordable apartment complex is on the corner of Summer Street and Route 201 in Gardiner.
By Tina Fischer

Mastway Development recently completed a 38-unit apartment building at 99 Western Ave. in Augusta.

Fresh from that project, Mastway has started construction of a 32-unit apartment complex in Gardiner, at the corner of Summer Street and Route 201, within a short walk from downtown.

The Gardiner apartments, to be known as Iron Heights, will be offered to residents earning no more than 60% of the area median income, which for one individual in Kennebec County equals $36,720.

Mastway Development is led by Matt Morrill and based in Hallowell.

The Gardiner property was part of the former T.W. Dick steel manufacturing site. After a brownfields remediation, Morrill bought the property from the city for $90,000 and broke ground in April.

“The Iron Heights development is a great addition to our downtown,” Melissa Lindley, economic development director for Gardiner, told Mainebiz. “We do not have any other large-scale, new-build housing projects under construction right now, but there are housing developments in discussions or in the early planning phase.”

Augusta-based Lajoie Brothers construction company is the project’s builder, which is targeted for completion by the middle of 2026.

Construction News From Around The State

  • Portland-based Barrett Made is transforming a former blueberry field behind 94 Ocean House Road in Cape Elizabeth into an 18-unit condo development. Rob Barrett purchased the 11-acre parcel from the Bothel family for $1.5 million in December 2024. He’s broken ground on the first phase of the development and is pre-selling for occupancy in spring 2026. Prices range from $1.4 million to $1.75 million.
  • GreenMars, a Portland-based developer, is wrapping construction on 21 standalone condominiums at 196 McKeen St. in Brunswick. Wilbur’s Woods is an affordable complex, built for households with an annual income of $105,360. Homes are priced at $325,000. GreenMars partner Chris Marshall said the project’s mission is “to bring back the starter home. We wanted to build what are essentially single-family homes in the most efficient way we could while making them beautiful and comfortable to live in.”
  • Kara Wilbur’s Rumford-based Dooryard LLC has under construction 18 affordable apartments near downtown Rumford, targeted for completion in November. The project, at 986 Prospect Ave., includes three multi-unit buildings designed to fit the scale of the surrounding neighborhood. The buildings are modular, built off-site by KBS Builders of South Paris. “This approach aligns with a broader trend across Maine, where towns are embracing more intentional development to meet housing demand, maintain rural character, and make better use of public funds,” Wilbur said.
Aerial view of Wilbur's Woods
Photo / Courtesy of GreenMars
Wilbur's Woods, at 0 McKeen St. in Brunswick, will feature 21 three-bedroom homes available for sale and a multifamily residence, with 18 rental units.

 

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