PHOENIX FLATS

 

Portland, Maine

CMS 4 Story SW Corner PS Hi Res.jpg

PHOENIX FLATS 
83 Middle Street
Portland, ME

PROPERTY OVERVIEW

Phoenix Flats is located at 83 Middle Street in Portland, and will offer 45 units of affordable housing for Seniors (62+ years old, or disabled).

 

Designed to achieve PassiveHouse certification, construction began in September of 2021, and is scheduled to be completed in Fall of 2022. 

 

The project includes a commercial storefront along Middle Street, and a covered parking garage.  If you would like to join our interest list please follow the link below.

Click here for more information!

Size

  • 45 Units

  • 39,000 Square Feet

Target Population

  • Seniors 62+, People with Disabilities

  • <50-60% AMI

Property Features

  • Passive House Certified

  • Now under construction!

DEVELOPMENT SNAPSHOT

Construction Type

  • New Construction

Financing

  • 4% Tax Credits

  • 4% Maine State Affordable Housing Tax Credit

  • 50-60% AMI

Development Cost

  • Estimated $15.9 million

Year Completed

  • Target Completion Date: 2022

Development Team