Grand opening to be held for new 60-unit apartment complex in Bath

A grand opening will be held Wednesday for a new 60-unit apartment complex in Bath. (WGME)

Originally published at WGME May 7, 2024, by Anna Coon.

PORTLAND (WGME) -- A grand opening will be held Wednesday for a new 60-unit apartment complex in Bath.

Wednesday's opening celebrates the redevelopment of the former YMCA building on the corner of Summer and Front streets.

This construction project will add 50 new units to the development, for a total of 60 apartments, 42 of them considered affordable.

The complex is for seniors, and the units range in price from $800 to $1,500, depending on the income of the tenant.

This project is owned and operated by the Szanton Company, and Bath Housing is celebrating their work, saying Bath is no exception to the state's housing crisis.

“We see a lot of people come through our office that are rent-burdened,” Bath Housing Executive Director Debora Keller said. “They are paying 60, 70, 80 percent of their rent, their income for rent, and a project like this, which aligns your rent to your income levels, is really valuable and gives people the cushion they need to thrive as they get older.”

The property manager of the Bath development says the building is at 100 percent pre-occupancy, and the company is excited to welcome in those tenants Wednesday.