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Press Releases

Press Releases

Oak Street Lofts Opens, To Host Open House During First Friday Art Walk


"This latest addition to the arts district is a continuation of the momentum that Maine College of Art initiated when it moved into the Porteous Building 15 years ago," says Jessica Tomlinson, Director of Public Relations for MECA. "The Arts District is now a destination for living, working, and playing. By providing artist-friendly efficiency apartments on the peninsula, Avesta is serving a critical need for affordable housing while also enhancing the national reputation of Portland's thriving arts scene."

This Friday, February 3rd, during Portland’s hugely successful First Friday Art Walk, Avesta Housing will hold a special Open House for its Oak Street Lofts project, a new addition to the city’s arts district that features 37 affordable, artist-friendly efficiency apartments. Rents range from $506-$760 per month, including heat, hot water, electricity and wireless internet service.

Oak Street Lofts fulfills a unique vision of building apartments that are suited to urban artists and that add to the city’s lively and growing arts community. It is also expected to become the first affordable multifamily building in the state to be certified LEED Platinum by the U.S. Green Building Council.

“The first tenants are moving in, but we’re still accepting applications for the remaining units,” said Greg Payne, development officer for Avesta Housing. “The interest has been very strong. We’re clearly tapping into a huge demand for this type of housing.”

Oak Street Lofts is located at 72 Oak Street, just off Congress Street, in the heart of downtown. There is no requirement that tenants be artists, but Avesta and the city believe local artists will welcome the in-town location and affordable rents, plus the special amenities built into the units.

Each apartment is about 400 square feet with a galley kitchen, closet and bathroom. A high ceiling and large windows help create a sunny, spacious feel. The ground floor contains gallery space, lounge seating, and the means to hang and display artwork. Another common area on the second floor is set up as artist workspace.

"This latest addition to the arts district is a continuation of the momentum that Maine College of Art initiated when it moved into the Porteous Building 15 years ago," says Jessica Tomlinson, Director of Public Relations for MECA. "The Arts District is now a destination for living, working, and playing. By providing artist-friendly efficiency apartments on the peninsula, Avesta is serving a critical need for affordable housing while also enhancing the national reputation of Portland's thriving arts scene."

The public is invited to participate in an Open House on Friday, Feb. 3 from 5-7 p.m. during the First Friday Art Walk. Apartment tours will be available and refreshments will be served. The first floor gallery will showcase the art of Maine College of Art Woodworking & Furniture Design students.

The press is also welcome to attend and current tenants, as well as the project design team, are expected to be available for comment.

For more information please contact Greg Payne at 553-7777 or gpayne@avestahousing.org, or visit http://www.avestahousing.org/properties/60/Oak-Street-Lofts.

Looking for more?

Check out Avesta's blog, The Porch Light, for more news, updates and stories.

Contact Development and Communications Manager Sara Olson at 207-245-3352 or by email.