One Walker Street
(at the corner of Congress Street)
This six story building replaced an abandoned gas station, transforming the site and the neighborhood around it. It also helps to fulfill the city's goal of providing greater housing density along its main arteries which feature public transportation. The project includes 40 one and two-bedroom apartments, half of which rent to households with incomes below 60% of the area median. The other half rent at market rates. Walker Terrace is the first building in Maine built to Maine State Housing Authority's Green Building Standards.
YEAR COMPLETED: 2006
UNITS: 40 (18 Market-Rate + 22 Income-Restricted)
ARCHITECT: Archetype, P.A.
CONTRACTOR: Portland Builders
FINANCING: MaineHousing; the City of Portland; Centerline Capital; Bank of America.
From the Portland Press Herald, September 21, 2004:
"Eager for any smart-growth infill opportunity to augment urban housing and curb Greater Portland sprawl, the Portland City Council unanimously let developer Nathan Szanton build 40 varied-income rental units on 0.4 acres of a former gas station in the West End, more than twice the number the current zoning allows, with Mayor Nathan Smith saying, ''This project does just about everything we as a city have been asking for.''
"Living 'Green' at Walker Terrace"
"Congress Street's unsung, hiding & unpolished gems"
Portland Landmarks Observer
"For rent: Rooms with a view"
"Council approves housing project for mixed incomes"
Portland Press Herald
For detailed rental information, please visit: Saco Falls Management.