DANFORTH ON HIGH
Portland, Maine
DANFORTH ON HIGH
81 DANFORTH STREET
PORTLAND, ME
PROPERTY OVERVIEW
Danforth on High has 30 units of affordable housing for seniors aged 55 and older and sits within walking distance to all downtown Portland has to offer. This Downtown Portland location is in close proximity to many local amenities, making it very easy to get around on foot, bicycle or by using city transit. The building includes two community rooms, a laundry room and parking.
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Size
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30 Units:
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Unit mix:
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Efficiency and 1-bedroom units
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23,450 Square Feet
Target Population
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Older adults (55+), People with Disabilities
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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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Elevator
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Storage
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Community room
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Resident Services Program
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On-site laundry
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Limited on-site parking
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Intown location close to amenities
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In Portland's Historic District, near Victoria Mansion
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Energy Star Appliances
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Meets MaineHousing's Green Design Standards
DEVELOPMENT SNAPSHOT
Construction Type
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New Construction
Financing
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4% Bond Deal
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Maine State Housing Authority
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Commercial Lender: Gorham Savings Bank
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Syndicator: Boston Capital Corporation
Development Cost
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$5.6 million
Year Completed
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Completion Date: 2013
Development Team
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Construction Manager-at-Risk: Wright-Ryan
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Architect: David Loyd, Archetype
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Property Manager: Preservation Management, Inc.
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Legal: Drummond Woodsum & McMahon