Danforth on High
Danforth and High Streets, Portland
26 Small Condominiums with Shared Amenities
2 Cars Owned in Common
Construction Begins in May
The small lot at Danforth and High
Streets presents a perfect opportunity for an urban infill project
that combines development concepts that Random Orbit has used in
the past with new tools to achieve affordable ownership. It is
located in an already densely developed part of the City, within
walking/biking distance of jobs and many urban amenities, and has
public transportation options available. Someone living here could
get the best of city life with limited needs for a car. This is
an attractive location to target an underserved but vital demographic
for Portland-the young (twenties) professional, single, first time
buyer. This is a group that is both attracted to Portland's vibrant
scene and helps to create it. It has been reported that Portland
is one of only a few cities with an influx of this demographic
but appropriate affordable housing is difficult to find. This forces
difficult decisions as to whether to stay in Portland or leave
for outlying communities or other cities where housing is more
affordable. Random Orbit has proposed to the City of Portland,
a progressive, urban development that combines density, small
unit size and unique common amenities as primary tools to achieve
affordability and urban excitement at this site.
The Project Includes:
* 26 small condominium units ranging
in size from 445-812 square feet.
* Interesting shared amenities to offer big living for small
spaces and to create community. These will include: shared lounge,
guest room and laundry.
* 2 cars owned in common for the use of the condo owners. Live
car free-pay for use of a car only when you need it and save
money!
* Energy efficiency and Maine State Housing Green Building Standards.
Who should take a close look at this opportunity:
* A prime group for this project is the young, twenty-something
newly minted professional. This person doesn't have a lot of
money but has their first good job. They are attracted to the
excitement of urban living, want to be able to walk to work
and amenities, and would like the ability to save money by
not owning a car. They appreciate the community created by
interesting common spaces.
* Older singles (50-60 years old) would be attracted to the convenience
of the location and economics. Retired couples who want to have
the excitement of urban living and the convenience of living
close to cultural and shopping amenities.
* People from out of town who work in Portland or just want to
have a small convenient getaway in one of the most attractive
cities in the Northeast. Possibly local island dwellers.
This project will offer a hip and stylish, progressive living
choice to Portland. It takes a unique approach to address some
of the areas perennial housing issues. Get a toehold into the
benefits of home ownership while having a dynamic connection
to a great city.
Please contact us for
information on construction progress, pricing
and availability.
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