GreenMars

Maine’s modular construction industry hit a regulatory roadblock this month, which is expected to derail hundreds of planned housing units. A temporary funding allocation may rescue a handful of projects.

A development has broken ground on Marshall Drive in Falmouth that will offer 48 two-bedroom condominiums at prices ranging from $378,000 to $425,000.

GreenMars is developing a 130-unit condominium project in Portland that will offer buyers the option of also purchasing an attached accessory dwelling unit to generate rental income.

A new pocket community of 21 affordable condominiums are priced well below the average home price for the region. The standalone condos at Wilbur’s Woods are listed at $325,000 for households that earn less than $105,360 annually.

The subject was ‘The Housing Crisis: Can we Crack the Code?’ which featured industry experts from architects and municipal and regional planners to developers, builders and bankers. 

The Gardiner apartments, to be known as Iron Heights, will be located a short walk from downtown.

There are a number of neighborhoods being built around the state which represent a twist on the condominium concept; where homeowners share the development’s property — but not walls — with neighbors. Residents enjoy the convenience of a traditional HOA, with a bit more privacy.