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Construction on a 48-unit apartment building for low-income, 55-plus residents is underway in Bridgton.
Harrison Ridge is a development from the Developers Collaborative. The project team also includes Portland-based Archetype Architects and Falmouth-based Penobscot General Contractors, which will manage the project.
The project will cost $13 million, with funding coming from a range of sources:
Harrison Ridge, which will feature one-bedroom apartments, is expected to open in December 2023. Construction is underway.
The project timeline aligns well with the town of Bridgton’s ongoing investments in the expansion of its municipal wastewater system.
“Bridgton is excited to welcome its first affordable housing development served by the LIHTC Program in our downtown area,” said Victoria Hill, community development director for the town of Bridgton. "Developers Collaborative has been a great partner in contributing to the town’s mission of creating a vibrant and walkable downtown for all ages and economic backgrounds.”
The housing development is located in a wooded area within walking distance of downtown Bridgton. In addition to the 48 one-bedroom apartments, amenities will include a community room and an outdoor patio with raised garden beds. The building design employs universal design principles.
Developers Collaborative, which is based in Portland, is led by Kevin Bunker.
The firm says it "employs a community and listening-based approach to planning to create developments that enhance their surrounding neighborhoods and address community needs."
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