Pearl Place





Community focus at Oak Street Lofts show for First Friday Art Walk

7.5.13

It’s the first Friday of the month, which means the art gallery at Oak Street Lofts in Portland is open to the public tonight for First Friday Art Walk. This month, we’re featuring the artwork made by children at several of our properties, including Pearl Place I and II in Portland and North Street in Westbrook.

We held several art-making events at the properties, where we asked children to create art on the theme of what community means to them. The children made collages, paintings and drawings depicting some familiar community landmarks, like Deering Oaks Park and Reiche Community School, as well as their families, friends and neighborhoods.

Artwork made by children on display at Oak Street Lofts

The children’s work is juxtaposed with art made by residents of the Marshwood Center, a skilled nursing facility in Lewiston. Their work debuted last month, and several of the artists came to Portland for the opening on June 7. Their excitement at seeing their work hanging in a gallery was evident as they studied the walls of framed paintings, and their family members were there to share in the…


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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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