New affordable housing complex for older Mainers opens in Old Orchard Beach
The developer behind the project, The Szanton Company, scrapped a similar project in Cape Elizabeth after significant pushback prompted a town referendum.
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The developer behind the project, The Szanton Company, scrapped a similar project in Cape Elizabeth after significant pushback prompted a town referendum.
Located at 38 Portland Ave., 42 of the units are reserved for households earning below 60% of the area median income at a monthly rent of $1,113. Market rent units are opening at $1,475.
2022 Mainebiz Business Leaders of the Year: The Small Company Business Leader of the Year, Szanton sees housing as a human right. Since 1996, he and his development firm have brought more than 600 apartments to people in two dozen projects.
James Marcotte tells of his time at WestPoint Pepperell mill in Biddeford Share Editor’s note: This is one of a series of stories of Biddeford’s mill past, told by former mill workers and sponsored by the Biddeford Mills Museum. On Oct. 4, 2012, James Marcotte recorded a short video for the Biddeford Mills Museum. Sitting in front of a photo of the Saco Falls, Marcotte introduced himself and shared some of the history of WestPoint Pepperell from 1973 through 2004. Marcotte grew up in Derry, New Hampshire, and when he finished school, he went to work at the nearby Malden Mills in Methuen, ...
Portland developer Szanton Co. is proposing a 49-unit apartment building in the developing Cape Elizabeth town center, which would be the first below-market apartments built in the town since the 1970s. The $12.5 million development would be part of the Ocean House Commons development that includes the new town green, next to the town hall on Ocean House Road, which is Route 77. The land was subdived into four lots in 2019 by the town, with the intention of residential space being added. The development area, owned by dentist and developer David Jacobson, includes commercial space for hi...