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Updated: August 18, 2025

The Eddy, with 250 housing units, opens in Biddeford

Five pose in a line with shovels. Photo / Courtesy Reveler Development From left, Mike Barton, Marty Grohman, Joe Porta, John Laliberte and Tom Watson plant a tree for the Eddy.
By Laurie Schreiber

Reveler Development officially opened its multifamily development at 8 Eddy Ave. in Biddeford.

Project partners held a tree-planting ceremony in late July to mark the occasion, following the final phase of construction completion earlier this summer. 

Mayor Marty Grohman joined John Laliberte, Tom Watson and Michael Barton — Reveler’s CEO, president and managing director — and Joe Porta of Porta Capital Partners

“The Eddy brings thoughtfully designed, high-quality apartments to a strategic area of our city,” said Grohman. “And that’s what we want more of — housing that connects people to jobs, downtown businesses, walking trails and ultimately to each other.”

A rendering shows the exterior of a building.
RENDERING / COURTESY REVELER
The Eddy apartment building in Biddeford has 250 market-rate apartments.

Said Laliberte, “I want to extend huge thanks to the team that made the Eddy possible: Penobscot General Contractors [Falmouth] for executing the vision, Market Square Architects [Portsmouth, N.H.] for bringing the concept to life, our investment and financing partners for believing in the long-term potential of Biddeford — including Joe Porta and Porta Capital Partners — and, of course, the city of Biddeford for supporting thoughtful, high-quality growth every step of the way.”

The four-story, 200,000-square-foot building, with 250 apartments, is marketed as offering a “modern indoor-outdoor living experience” near the Eastern Trail and minutes from downtown. 

It has private patios overlooking a courtyard and walkable greenspace. The interior design has open concept layouts, stainless steel appliances, quartz and granite countertops and matte black fixtures. Amenities include a bocce court, sunroom and golf simulator.

A view of a courtyard with games.
Photo / Courtesy Reveler Development
A courtyard with amenities.

The development opened in March and has reached nearly 70% occupancy.

The name and feel of the development were inspired by Biddeford’s natural surroundings and its proximity to the Saco River, the seacoast and the Eastern Trail. Reveler considers it to be a launchpad and is thinking about further development in Biddeford, noted Barton.

Reveler is a real estate investment, development, construction and management company based in Portland and Wilmington, N.C. 

Reveler’s property management division, Port Property, is handling leasing.

The Eddy joins two mixed-use Reveler projects also in Biddeford, the Levee and Riverdam, which have brought a combined total of 167 new market-rate residential units to the city.

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