Approved Riverfront Project with 244 Units at 100% Market Rate 6+ acres boasting 800 feet of Androscoggin River frontage has received Full approval for a project that includes 244 units at market rate. This prime location is in proximity to two medical centers, St. Mary’s and Central Maine Medical Center, offering over 3,000 healthcare positions, as well as Bates College and the City’s Planned Riverfront Revitalization. Situated just minutes from I-95, the project has completed all necessary approvals and pre-development work. Additionally, Tax Increment Financing is available, providing a 63% tax reduction for 20 years. Lewiston, the second largest city in Maine, is experiencing population growth that surpasses the state’s average pace. Building A features 5 stories with 120 residential units and 49 parking spaces on the ground level. Building B features 4 stories with 124 residential units. There are a total of 246 onsite parking spots, 23 garage bays, plus an additional 50 overflow parking. Ammenties include: Fitness Center, Wellness studio, Entertainment areas, amd Work from home areas. All units are 1 bed, 1bed Jr, and some 2 beds (final mix TBD by developer)

Listing courtesy of Doug Martin of Keller Williams Realty-Metropolitan: ?



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Data Last Updated: 2024-05-07 05:00 AM UTC