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Updated: June 15, 2020 Building Business

Building Business: Multifamily housing among projects underway in Portland

Photo / Noah Van Allen 100 Fore St. in Portland, nearing completion by Cianbro Corp., includes office space, ground-floor retail and a parking garage.

Wright-Ryan Construction of Portland is readying 58 Boyd St., a 55-unit affordable housing complex in Portland. The cost was $11.2 million, and Bangor Savings was the largest private lender, putting up $2.9 million. Portland Housing Authority is the developer. CWS Architecture handled the design. Fall completion is expected.

Photo / Noah Van Allen
58 Boyd St. as it looks today, from the community garden next door.

Zachau Construction of Freeport has framing and sheathing up on what will be the Wessex Woods Senior Apartments, on Brighton Avenue (at Wessex Street) in Portland’s Nason’s Corner neighborhood. The project will have 40 units, including 34 affordable apartments and six at market rate. The developer is Avesta Housing of Portland. Design is by CWS Architecture & Interior Design. Financing came from Bangor Savings (construction and permanent loans), Federal Home Loan Bank of Boston (Affordable Housing Program grant) , Boston Financial Investment Management (Low-Income Housing Tax Credit) and MaineHousing (Low-Income Housing Tax Credit). Occupancy is expected by fall.

Back in East Bayside, DeStefano & Associates of Portsmouth, N.H., is doing site work for Hammond House, which will have one-, two- and three-bedroom apartments. Design work was by Ryan Senatore Architecture. It’s at the corner of Hammond and Fox streets.

Across Fox Street, Optimum Construction Co. is building a four-unit apartment building.

Other projects underway

Cianbro is nearing the finish line on the mixed-use development at 100 Fore St. It will include office space, ground-floor retail and an attached parking garage. The developer is Jonathan Cohen, who did the nearby WEX Inc. headquarters. Compass Realty is handling retail leasing, with rates between $25 and $30 a square foot.

Sheridan Construction, which is based in Fairfield, will manage the planned building for Husson University’s College of Business on the main campus in Bangor.

Husson raised $38 million for the project, which is targeted for completion in fall 2021.

Atlantic Landscape Construction of Ellsworth was named general contractor for the Veterans Plaza in Brunswick. A groundbreaking is set for Aug. 17. The job is expected to be finished by Oct. 31. The memorial will include 445 “honor blocks.” Specialty work will be handled by Day’s Concrete Floors of North Monmouth and Lakeside Concrete Cutting of Newport. The project raised $35,000 from donors, including the Brunswick Village Improvement Association, which donated $15,000; Walmart, which pledged $5,000; and individuals.

Northeast Firestopping Solutions in Saco said it is “taking full precautions to care for its employees” during the pandemic.

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