Aging population

Developers Collaborative has broken ground on another 55-plus condominium building for the Stevens Square at Baxter Woods community, located off Stevens Avenue in Portland’s Deering Center.

Jim Roche joined the organization as president in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years. He succeeded Chris Pinkham.

Jim Roche joined the organization in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years.

The project will add 34 apartments and three independent cottages. The new residences will run on solar power, relying on a combination of on-campus rooftop panels and generation from two solar farms. 

U.S. News & World Report evaluated some 15,000 nursing homes nationwide, assessing both short-term and long-term care models.

Construction of a 25-unit affordable housing complex for residents ages 55 and up in Farmington is 75% completed and is expected to welcome residents in early 2026.

Benedict Walter will step down in March 2026 after 34 years with the firm and 40 years in the architecture industry. 

The development, for adults aged 55 and older, is part of a larger campus dating back to 1999 and now totaling 175 units.

The $9.8 million development provides one- and two-bedroom apartments and joins Avesta Housing's Meadowview campus at 16 Hancock St., where the nonprofit manages another 20-unit complex.

Marie McCarthy, a retired L.L.Bean executive, will become chair of the board after Lawrence Sterrs retires on Dec. 31.