Biddeford apartment development enters final phase, adding 51 units

The fourth and final phase of construction is underway at a Biddeford mixed-use campus called the Levee.

Construction of the 51-unit apartment building, to be called Lofts North, is coming in at $12 million and is expected to wrap up by August 2026.

The Reveler Development project is at 10 Upper Falls Road as part of a master planned development in downtown Biddeford.

“To date, $60 million of investment has been completed on neighboring parcels within this historic site, and a real community is emerging,” said John Laliberte, Reveler’s CEO. 

Reveler is a real estate investment, development, construction and management company in Portland.

Repurposed site

Located along the Upper Falls Road peninsula, the Levee occupies the former Saco-Lowell Mill that once served as the location of the Saco and Lowell machine shop for the area’s textile industry. The site had fallen into disrepair, sitting vacant for decades. 

The Levee’s previous phases of construction and redevelopment resulted in residential and commercial space. 

• Lofts on the Levee, a 96-unit apartment community in a repurposed textile mill, began preleasing in December 2022 and was fully leased after five months.
• The Foundry is a 22,000-square-foot warehouse converted into commercial space.
• Reveler recently completed Landing on the Levee, a townhouse and condo project adjacent to the Foundry.

Final building

The fourth and final building will be an expansion of the Lofts on the Levee brand, and will be called Lofts North. 

The architect is Ryan Senatore Architects in Portland. Reveler’s in-house construction team is leading the project.

Located on the north-facing side of the peninsula, Lofts North is set to open in the fall of 2026 with preleasing in the spring. 

The five-story, 51-unit apartment building will be on a 1.08-acre parcel overlooking the Saco River. It will include 49 one-bedroom apartments, one two-bedroom apartment and one studio.

Lofts North will be the first downtown, ground-up multifamily development in Biddeford in decades, according to the company.

“When I walk down to the Levee now, I see families, young people, and small businesses bringing life back to a place that was overlooked and forgotten for so long,” said Marty Grohman, Biddeford’s mayor.