Real estate and construction news from around Maine includes a new apartment complex in Portland’s Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.
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Real estate and construction news from around Maine includes a new apartment complex in Portland’s Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.
The Armature at Hanover Works, a mixed-use development from Portland-based Reveler Development, welcomed its first residents recently after two years of construction.
The Armature’s co-developers were John Laliberte, CEO of Reveler, and Mike Barton, managing director of real estate development at Reveler. Construction was managed by Penobscot General Contractors and Reveler’s in-house construction team.
Other partners include Acorn Engineering, Androscoggin Bank, Community Bank, CUBE 3, Longfellow Communications, Machias Savings Bank, NBT Bank and trade partners Porta & Co., Thornton Tomasetti and Varney Agency.
“This project has been years in the making, and it was made possible through the support and collaboration of our investors and dedicated project partners,” said Laliberte.
It is Reveler’s largest development to date.
The Armature, at 52 Hanover St., has 171 apartments and is 239,000 square feet. Its four commercial spaces connect to businesses along 82 Hanover Street, forming Hanover Works.
The property was one of six parcels that made up the former Portland Public Works site.
“The Armature was first imagined in 2017 with the purchase of the site from the city of Portland,” said Barton. “Here, actual engine armatures were once serviced by the garage on this site. Today, it now provides 171 new homes for Maine’s largest urban area.”
Reveler’s property management firm, Port Property, will manage the site.
Kittery plan will put nonprofits under one roof
In Kittery, a group of nonprofits expect to be under one roof by late next year.
The Mainspring site, at 22 Shapleigh Road, will house nonprofits that are involved in poverty-relief efforts in the Seacoast region.
The construction phase of the project is expected to take 10 months, with an anticipated opening in fall 2024. From the Kittery base, Mainspring will service the entire Seacoast region with comprehensive and holistic support available for the community, organizers said.
The project architects are ARQ Architects, of Kittery, and the construction manager is TPD Construction, of Sanford.
Mainspring has raised $3.8 million of the $5.45 million needed to renovate and expand the property at 22 Shapleigh Road.
Awards
Central Maine Growth Council in Waterville presented its annual “2023 Developer of the Year” award to Sheridan Construction Corp. in Fairfield for its work on the $10 million Thomas College Sukeforth Athletic Center.
Meanwhile, Consigli Construction Co. in Portland announced that the John and Lile Gibbons Center for Arctic Studies and Barry Mills Hall at Bowdoin College in Brunswick was named as a “2023 New England Best Project of the Year” winner in the Higher Education/Research category by Engineering News Record.
