Please do not leave this page until complete. This can take a few moments.
A townhouse project at Biddeford's Levee development is moving beyond the drawing board.
For Port Property, which has partnered with Marsden Real Estate/Bean Group, Landing at the Levee will be its first residential community where units will be offered for sale rather than as rentals.
Construction on Landing on the Levee will start this summer, with occupancy planned for fall 2024.
The site will include ground-up construction with 32 units. At 26 Upper Falls Road, there will be 11 townhome properties of four-stories, with private garages and roof decks. At 20 Upper Falls Road, there will be 21 condo "flats," one-level units with one or two bedrooms.
Port Property will double as developer and contractor on the Landing build.
The Landing will be adjacent to Port Property's Lofts at the Levee, which has 96 apartments in what was a redeveloped 19th century industrial building, the Saco-Lowell Mill.
Landing on the Levee and the Lofts are two of four buildings that will be on the site, which is just off U.S. Route 1. The third building will house more apartments. The fourth building will be devoted to commercial use.
"Landing on the Levee is an exciting new chapter for us as we develop our first for-sale community and contribute a greater range of living options within southern Maine,” said John Laliberte, CEO of Port Property. “Biddeford is a vibrant city, one that we are proud to deepen our commitment to.”
Port Property has 2,000 housing units in Portland and Wilmington, N.C., and another 2,000 units in the construction or planning stages.
In Maine, Port Property might be best known for its work in the Bayside neighborhood, where it has redeveloped land that was formerly city maintenance garages. It redeveloped 82 Hanover St., a mixed-use project, and is finishing up a 171-apartment building, the Armature, and has plans for another 800 units in coming years.
The Levee development is walking distance from the planned Pearl Point Park and RiverWalk, along the Saco River.
Port Property has partnered with David Marsden of Marsden Real Estate/Bean Group to sell homes at the Landing on the Levee. Marsden specializes in residential, condominium and multi-family properties and has been in the real estate industry since 2003.
Marsden told Mainebiz he bullish on Biddeford. He cited Tim Harrington's hotel project, the Lincoln, and plans from Fathom Cos. hotel developer Jim Brady.
"For 20 years I've been Portland-centric, but I'm excited about this neighborhood in Biddeford," Marsden said. "With the Lincoln Hotel opening last year, the new parking garage and Jim Brady's commitment to different projects, in the next 10 years I see Biddeford just going up. The city has been very proactive with developers, as well as with the River Walk and Pearl Point Park."
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreFew people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy
0 Comments