PHOENIX FLATS
Portland, Maine
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
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45 Units
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39,000 Square Feet
Target Population
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Seniors 62+, People with Disabilities
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<50-60% AMI
Property Features
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Passive House Certified
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Now under construction!
DEVELOPMENT SNAPSHOT
Construction Type
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New Construction
Financing
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4% Tax Credits
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4% Maine State Affordable Housing Tax Credit
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50-60% AMI
Development Cost
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Estimated $15.9 million
Year Completed
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Target Completion Date: 2022
Development Team
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Name of L.P.: Middle Street Housing Partners L.P.
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Architect: CWS Architects
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Construction Lender: Maine State Housing Authority
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Syndicator: WNC
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Property Manager: Preservation Management, Inc.
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Legal Council: Drummond Woodsum
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Accountant: Otis Atwell
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Engineers: Bennett Engineering
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Construction Manager-at-Risk: Allied Cook