In Portland, a new building rises
Construction of a new six-story building in Portland is on schedule and condos are already close to being sold.
By J. Hemmerdinger
jhemmerdinger@pressherald.com
Reporter
PORTLAND ? Construction of a six-story building on the lot that was home to Jordan's Meats is progressing on schedule and is expected to be complete by the middle of next year.
Iron workers Dillon Nutting, left, and Danny Twombly connect sixth-floor steel beams at the former Jordan?s Meats site in Portland on Monday. The new building will house a hotel, restaurant and condos.
John Patriquin/Staff Photographer
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The building will house a 122-room Hampton Inn hotel, 12 upscale condominiums and a Sebago Brewing Co. restaurant.
Mark Woglom, president of Belmont, N.H.-based Opechee Construction Corp., said about half of the steel structure is completed. On a busy day, he said, 60 to 70 workers are on the site.
Sebago Brewing Co. is expected to open first, in late spring or early summer. Shortly after, the hotel and condominiums will be complete, Woglom said.
The structure is on a 1.74-acre lot bordered by Franklin Arterial and India, Middle and Fore streets.
Town & Shore Associates is selling the condominiums, which are being marketed under the name Portside and range in price from $210,000 to more than $400,000.
The condos went on the market two weeks ago and, already, eight of them are under contract, said Sandy Johnson, listing broker with real estate company. The four unsold units all will have two bedrooms and two bathrooms, and are priced at $289,900.
The sixth-floor units will have hardwood floors, central air conditioning, gas fireplaces, parking and a dedicated lobby and elevator.
Johnson said demand has been strong because there "isn't anything like it in Portland." She said buyers have tended to be baby boomers who want to live within walking distance of the city's attractions.