Our real estate development is going full throttle, with several properties expected to be completed this fall and several more in the design or construction phases.
Porter Station in Portland and the first phase of River Turn in Conway, N.H., are both 80% complete and are expected to be finished in October. At Porter Station, workers are finishing up exterior tile, installing a brick sidewalk, and putting the finishing touches on the upper floors. Interior finishes at River Turn are scheduled for completion this month, and exterior landscaping and paving are in the final stages.
Snow School in Fryeburg, Maine, is scheduled for completion in October, with permanent electrical power coming online in December. Exterior siding and interior drywall have been installed at Village Commons in Scarborough, which is on track for completion in November. (Scroll below to view a new photo gallery of Village Commons construction.)
When completed, the above four properties will provide more than 150 safe, quality, affordable homes to Maine and New Hampshire.
A groundbreaking ceremony was held in July for Wedgewood in Lewiston, which will feature nine buildings with a total of 82 new homes. Avesta Housing is developing the property in partnership with Lewiston Housing as part of the federal Choice Neighborhoods program. Maine Gov. Janet Mills and U.S. senators Angus King and Susan Collins were among the dignitaries at the groundbreaking. Click here to read news coverage of this historic event.
Municipal planning approvals have been secured for three additional properties: Dewitt (Choice Neighborhoods Phase 2) in Lewiston, Meadowview II in Gray, and Edgewater Village in Farmington. The approvals mean that these properties can now begin design development and move closer to construction starts.
Overall, Avesta Housing has more than 800 homes at various stages in the development pipeline as we seek to address the immense need for affordable housing and ensure that everyone has a place to call home.