August 11, 2023

Groundbreaking set for 31-unit apartment project in South Windham

By Masha Yurkevich

Windham is a beautiful town with a wonderful growing community and now developers Simon Beylin, President of Beylin Development and Peter Anania, VP of Acquisitions and Predevelopment at Beylin Development, are working to give this community more housing space and breaking ground next week for a new 31-apartment project in South Windham.

A new 31-unit apartment complex will be built in South
Windham and is expected to be completed by summer 2024.
There will be three buildings on the property including
two 12-units that are al two bedrooms and one building
with seven three bedrooms with two bathrooms.
SUBMITTED PHOTO  
“We’re a vertically integrated construction and development company,” says Beylin. “We find, develop, construct and manage multifamily and commercial properties in Southern Maine and New Hampshire since 2016. We have projects finished and underway in Westbrook, Windham and in Windham, New Hampshire, Londonderry, New Hampshire, Methuen, Massachusetts, and Lowell, Massachusetts. We have a particular interest in working with towns to discover and deliver needed affordable and market-rate housing.”

The groundbreaking ceremony holds significance as it is the first project started since the Master Plan for the project received approval by the towns of Windham and Gorham.

“We believe that this project is very much in line with the vision of the master plan and will contribute to Little Falls once again becoming a bustling and desirable part of the town,” says Anania.

The project also follows the opening of the Red City Ale House at the former South Windham Fire Station.

“We also feel that this a significant development for the area that is also in line with the vision of the master plan set by the towns. Furthermore, the project precedes the $17 million cleanup of the Keddy Mill at 7 Depot St.,” Anania said. “This location is poised to become a focal point for future development, and we have a particular interest in developing the Keddy Mill site after the cleanup is completed.”

Beylin says that their development stands out in Windham due to the availability of public water and sewer infrastructure. Additionally, a partnership between the development and Portland Water District has enabled the installation of pump stations on part of the site, enhancing the capacity for the entire area and paving the way for future development opportunities. It also gives the South Windham Fire Department a needed access road for their fire station.

“Our hope is that this project will attract new families and working professionals to the area, becoming part of the master plan in action,” says Anania. “We anticipate these individuals being drawn to the region due to the presence of emerging businesses like the Red City Ale House, improved access to the Presumpscot River and the Sebago to Sea Trail, as well as its convenient proximity to Gorham, Portland, and the Lakes Region."

The 31-unit apartment complex is expected to be completed in the summer of 2024. There will be three buildings on the property. Two 12-apartment units that are all two-bedrooms and one building with seven three-bedrooms with two bathrooms. Maine Community Bank is financing the project.

Beylin and Anania say that they have been drawn to Windham for many reasons. The first is the challenge the town faces with a shortage of affordable housing.

“Windham is consistently listed as one of fastest growing towns in the state and hottest ZIP codes in the country,” says Anania. “From our research and experience, builders can’t keep up with demand and there are not enough market rate apartments being constructed. In addition to this we became aware of a parcel and its unique site work challenges. We knew that we would be the development team to overcome them. Their team also liked the location of the parcel, close to Windham schools, the Lakes Region, Portland and Gorham.”

Anania and Beylin are placing their bets on and wholeheartedly embracing the town's vision. Being a modest contributor to that vision and witnessing others also play their role is what truly makes this endeavor worthwhile for them, they say.

“Everyone in the town of Windham has been great to work with,” said Anania and Beylin. “We’re not used to towns being so friendly and helpful. We want to thank them for their assistance in getting this project off the ground.”

More information on the project will be available at depotstreetapartments.com <

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