Photo / Tina Fischer
Originally published at Mainebiz February 10, by Tina Fischer.
Nathan Szanton, developer of affordable housing projects in several Maine cities, tells Mainebiz he plans to move to Colorado on June 1.
Szanton Co. has had a Denver development office, headed by the owner's son Carl, since 2022. He notes that Colorado has an “even larger need for affordable housing than we do here in Maine.” The Colorado office’s first project, which will start construction this summer, is a 76-unit middle-income apartment building in Fort Collins.
Szanton says his final development project in Maine is the 63-unit affordable housing apartment building in the Libbytown neighborhood in Portland, 45 Dougherty, due to be completed this July, ahead of schedule. (Penobscot General Contractors, of Falmouth, is managing the build.) The company’s Picker House Lofts in Lewiston has just wrapped up construction and is currently moving tenants into the 72 mixed-income apartments in the refurbished Continental Mill.
Szanton has developed apartment buildings in Portland, Lewiston, Auburn, Bath, Biddeford and Old Orchard Beach, as well as Exeter, N.H. He has no plans to sell his New England projects, and will continue to co-own the company’s Saco Falls Management arm, now headed by Kristin Martin.
Commentaires