Nathan Szanton

The project, expected to be completed in 2023, includes renovating two historic buildings as well as new construction on the vacant lot where the YMCA once stood.

The 49-apartment building would be part of the developing town green project and bring needed one-bedroom affordable apartments to the pricey community, developers and officials said.

The building, with 51 apartments and ground-floor commercial space, is one of six to be developed on former Portland Public Works Department property.

The Portland Economic Development Committee recommended another project for the Libbytown site, but city councilors say the 108-unit project by Szanton Co. and Maine Cooperative Development Partners addresses the need for housing for middle-income Portland residents.

Successful real estate development during a pandemic relies heavily on collaboration among partners and being flexible, those...

Every project has a story behind it, developer Nathan Szanton told the group gathered for the ribbon-cutting...

The development, which includes 50 new apartments and renovation of 10 existing ones, as well as six retail spaces, will comprise new construction on the lot that once housed part of the YMCA as well as redevelopment of two historic buildings.

The apartment building would be for residents 55 years or older, and is the Portland-based developer's first Old Orchard Beach project.

The redevelopment of Portland’s Bayside neighborhood continues, as local developer the Szanton Co. breaks ground Wednesday on the Furman Block, a mixed-use building featuring street-level art space and 51 mixed-income apartments.