CENTRAL COMMONS
Hallowell, Maine

CENTRAL COMMONS
6 BEECH ST.
HALLOWELL, ME
PROPERTY OVERVIEW
Central Commons provides 29 affordable homes for adults aged 55 and older within the historic Stevens Commons campus in Hallowell. Located in the beautifully restored Central Building, residents enjoy a welcoming community with on-site laundry, community space, and tenant storage. Through the complete rehabilitation of one of the campus's historic landmark buildings, the development preserved an important piece of local history while creating high-quality, affordable housing for older adults, including dedicated homes for veterans who have experienced homelessness.
Central Commons demonstrates how historic preservation and affordable housing can work together to strengthen communities, create housing stability, and support residents as they age with dignity and independence.
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Size
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29 Units
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Unit mix:
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0 bedroom: 8
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Units range from 484 - 573 square feet
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1 bedroom: 21
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Unites range from 580 - 754 square feet
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25,000 Square Feet
Target Population
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Older adults (55+)
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People at or below 50% area median income
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People at or below 60% area median income
Amenities
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Professionally managed
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24-hour emergency maintenance
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Smoke-free building
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Community space
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On-site laundry
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Tenant storage
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Multi-use campus with a range of residential offerings, business and commercial spaces, and recreational uses
DEVELOPMENT SNAPSHOT
Construction Type
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Historic Adaptive Reuse
Financing
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4% Tax Credits
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State $ Federal Historic Tax Credits
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Construction Lender: Maine State Housing Authority
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Commercial Lender: Bangor Savings Bank
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Syndicator: Evernorth
Year Completed
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Completion Date: 2020
Development Team
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Construction Manager-at-Risk: Wright-Ryan
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Architect: Ryan Senatore Architects
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Property Manager: Preservation Management, Inc.
Sample Floor Plans:



























