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The Daymark condominium development aims to bring high-end features and extra amenities such as a pet wash, maker's space, sports and gaming room, fitness area and lounge to West Bayside.
The development, which is under construction but taking reservations for occupancy by late 2022, is a seven-story, mixed use building with 54 market rate condo units.
“The buyers coming to Portland want these extra amenities and this building will be what they expect,” said Bryan Vitale, vice president of development at Massachusetts-based Procopio Cos., which is developing the project.
The building will feature 13 units with one bedroom, one bath; 33 units with two bedrooms, two baths; and eight units that feature two bedroom, two bath penthouse units. The square footage ranges from 730 square feet to 1,690 square feet, with the average size roughly 1,100 square feet, Vitale said.
Prices will range from $399,000 to $1.1 million, with the average in the $500,000 to $700,000 range. The building will also feature parking.
Two commercial units totaling 3,400 square feet also are included in the building. Tenants have not yet been secured for those spaces.
Locating in West Bayside at 75 Chestnut St. will give residents walkable access to downtown, grocery stores, and restaurants, Vitale said.
“West Bayside is the last untapped residential market. The growth of Portland has been exceptional and the growth potential in West Bayside is there. Portland has got a ton to offer,” Vitale said.
The property was designed by Portland architecture firm Archetype Architects, with New England’s CUBE3 designing the interiors. Construction management is led by PM Construction of Saco. Portside Real Estate Group will manage all the sales at Daymark.
“Daymark is offering something different,” said Erin Oldham, associate broker at Portside Real Estate Group. “Daymark is coming in with mid-price points, high-end design, ready to go units in a strong condo market with an incredibly central, walkable location in the heart of the peninsula.”
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