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Pearl Place

Pearl Place

History

  • Land purchased August 2004 (formerly F.W. Webb Warehouse)
  • Project Costs - Est. $11.4 million

Facts

  • 60 Units
    • 20 1-Bedrooms
    • 25 2-Bedrooms
    • 15 3-Bedrooms
  • Maine's first Leadership in Energy and Environment Design (LEED) certified affordable development
  • Single stream recycling
  • Residents average commute 2.94 miles
  • Residents previous average commute 9.57
  • 43% of residents can walk to job

Funders

  • MaineHousing
  • Northern New England Housing Investment Fund
  • City of Portland
  • TD Banknorth
  • Federal Home Loan Bank of Boston
  • Enterprise Green Communities

Development Team

  • Attorney - Curtis Thaxter Stevens Broder & Micoleau LLC
  • Architect - Winton Scott Architects
  • Builder - Ledgewood Construction
  • Construction Management - Construction Management Consulting Services, LLC