Smart Growth urban infill in Portland's west end:
11 Orchard - Portland, Maine
11orchard is a "build-to-suit" development project located in Portland, Maine's historic West End neighborhood. Baker Street Properties has teamed up with Kaplan Thompson Architects to offer three discerning home buyers the opportunity to custom design their own townhouse. Initial design concepts for this residential infill lot include three LEED certified townhomes, each with four levels of custom designed modern living space.
Existing Condition:
Proposed Development
Based on our initial studies, potential development of this site could include up to three townhouses, each with a total of more than 2,500 square feet of living space. The height limit for development is 35 feet which could provide for up to four levels of space depending on design, setbacks and site restrictions. Additionally, the site is 116 feet wide and may be able to accommodate individual building widths of nearly 25 feet which affords tremendous flexibility when laying out interior spaces.
Depending on design preferences, these units should be able to accommodate up to four bedrooms, a large living area and plenty of outdoor deck space. We encourage anyone who is interested in exploring this opportunity further to please contact us to preview the property and set a time to meet with our team.
Pricing
This is a build-to-suit development project. That means that all costs for land, construction and financing are passed directly through to the owners. The architect, developer and contractor will be paid based on a negotiated fee that will be part of the total project budget. All speculative developer profit is eliminated in a build-to-suit development.
The pricing for each unit will depend entirely on the size of the unit, the type of building systems installed and the level of finish. The minimum starting price for a relatively basic townhouse will most likely fall in the $550,000 to $650,000 range.