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Hyacinth Place Grand Opening

Hyacinth Place Grand Opening

 

Join us!

Friday, May 16, 2014
3-4:30 p.m.
2 Walker Street, Westbrook, Maine

 

Featured Speakers

  • Westbrook Mayor Colleen Hilton
  • Maine Historian Earle Shettleworth

Hyacinth Place: Revitalizing a historic neighborhood

Hyacinth Place provides 37 efficiency, one-, two- and three-bedroom apartments to people making 50% and 60% of the area median income. The project includes the adaptive reuse of the former St. Hyacinth school and convent, as well as the construction of a new building that includes a community room for use by both residents of Hyacinth and the adjacent Steeple Square, as well as outside community organizations.

As part of the renovation, Avesta also revitalized the adjacent green space, adding a jogging path, benches, new swings and soccer goals. The field is also being considered for Little League games and community gardens.

Housing is often found to be an ideal way to adaptively reuse historical buildings, and affordable housing in particular is highly viable because it brings together various available financing mechanisms such as Low Income Housing Tax Credits and state and federal historic tax credits.

The reuse of St. Hyacinth provides several key public benefits:

  • This historic landmark with cultural and architectural significance is preserved for future generations
  • Westbrook gains needed housing close to services and amenities such as transportation, shops and restaurants
  • A once-derelict building is revitalized, improving the whole neighborhood
  • The renovation includes many energy-efficiency improvements
  • Hundreds of jobs were created during the construction phase
  • The city of Westbrook received more than $70,000 in construction-related fees and will start collecting property taxes for the site.


Project Team

  • Developers: Avesta Housing and Developers Collaborative
  • Architect: Archetype Architects
  • General Contractor: Portland Builders

Financial Partners

  • Construction Lender: Bangor Savings Bank
  • Permanent Lender: MaineHousing
  • Low Income Housing Tax Credit Syndicator: Boston Capital