Grand Openings





Celebrating the completion of Hyacinth Place in Westbrook

5.20.14

On May 16, we celebrated the grand opening of Hyacinth Place, a 37-apartment community on Walker Street in one of Westbrook’s historic neighborhoods. While the first residents began moving in back in September, we waited to hold a celebration until the apartments were full and the weather more agreeable.

Hyacinth Place Grand Opening

Hyacinth Place is a unique community for a few reasons — one of which is that it’s a combination of historic renovation and new construction. Along with Developers Collaborative, we turned the former St. Hyacinth Catholic school and convent buildings into affordable apartments. We rounded out the property with a new building that includes a community space for residents to relax and gather. Seeing these vacant, deteriorating landmarks restored to their former glory and preserved for future generations was really rewarding, and the news residents love their historic features.

Hyacinth before and after

The redevelopment of this site also included giving some serious love to the adjacent green space, which we’ve dubbed Walker Field. This previously underutilized space now has a jogging path, benches, new swings, picnic…


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‘We’re becoming family’: Event celebrates growing Stonecrest community

10.9.13

It was a perfect fall day last Friday to celebrate the opening of 25 new apartments for seniors and the disabled in Standish. While the apartments at Stonecrest II were completed in March, we like to hold off on a celebration until they are full or nearly full, so the residents can be part of the event as well.

This grand opening was much different than other grand openings we’ve had in the past. First, we didn’t even call it a grand opening, but rather a Harvest Luncheon and Community Celebration. We asked residents of Stonecrest I and Stonecrest II to invite their families and to provide their feedback on what kind of event they wanted to have. We invited local officials like Sen. Gary Plummer and Town Councilor Lynn Olson to join us and get to know the residents. We deepened our connection to the Standish community by inviting the Bonny Eagle High School Jazz Combo and Select Chorus to perform.

Stonecrest neighbors on porch

We didn’t want the focus of this event to be on Avesta or the development of the project, but rather the residents and their…


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Our Pearl Place II Grand Opening: A recap

6.14.13

On Monday, under skies that threatened rain but never followed through, we celebrated the grand opening of one of our newest properties, Pearl Place II in Portland. If you missed my previous post about our 10-year history of developing housing on Pearl Street, you can read it here.

Despite the clouds and the chill, the event was a great success. We saw lots of our partners, friends, colleagues, advocates, employees and residents. We heard from Portland Mayor Michael Brennan, who talked about the success of the city’s efforts in partnership with Preble Street to find housing for homeless individuals; Congresswoman Chellie Pingree, who remarked on the sheer amount of construction happening in Portland, a commuting hassle but a very promising sign of better times in the city; MaineHousing Director John Gallagher, who reminded us all of the complex partnerships that have to happen in order for housing projects like Pearl Place II to come to fruition; and Isaac Bujambi, a new American and new Pearl Place II resident, who shared his heartwrenching story of fleeing his home under persecution in the Democratic Republic of the Congo and living in unsafe and unsanitary conditions in a refugee camp….


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Pearl Place II continues our legacy of affordable green building

6.7.13

We’ve got something of a reputation for our green building. It was nearly 10 years ago that we developed our green design standards, recognizing that an efficient building is one that lasts longer, costs less over the long term, and provides a healthier living environment.

We built the first affordable housing development in the state to receive LEED certification, and we also built the first affordable, multifamily property to receive LEED Platinum certification.

We’ve received national recognition for our energy-efficiency – in 2008, we received the U.S. Green Building Council’s LEED For Homes Award for Pearl Place I (Multifamily category); in 2012 we received the LEED for Homes Award for Oak Street Lofts (Outstanding Affordable Developer category); and just last month Oak Street Lofts won the Charles L. Edson Tax Credit Excellence Award in Green Housing.

LEED For Homes logoNow we’ve added another green building to our mix: Pearl Place II, a 54-apartment community in Portland completed in January. Like Pearl Place I, phase II is designed to qualify for LEED certification in the LEED for Homes program. Energy models estimate that Pearl Place II is 25% more efficient…


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Pearl Place II: Returning Bayside to its residential roots

6.3.13

We’re really excited to celebrate the grand opening of Pearl Place II on June 10. We’re not just marking the opening of new, affordable apartments in Portland – we’re also celebrating the culmination of a nearly decade-long effort to participate in the revitalization of the Bayside neighborhood.

It was in August 2004 when we announced our plans to build in phases 100 housing units. And while our conceptual plans and timelines were adapted over the years, our goal did not: Spur the growth of the Bayside neighborhood by building new housing units.

F.W. Webb Building, the site of the future Pearl Place

The site of Pearl Place

A 2000 study entitled “A New Vision for Bayside” called for a return to the neighborhood’s residential roots with the creation of 500 housing units. In 2004, Ronald Spinella, then-chairman of the Bayside Neighborhood Association, told the Portland Press Herald that “it would be a real boon to Bayside to have more people living here again.”

In late 2007, on the corner of Oxford and Pearl streets, we opened Pearl Place I, an energy-efficient building with 60 apartments. The…


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