Reveler is proud to announce that The Armature has officially been recognized as an award-winning 2023 Notable Project by the Maine Real Estate & Development Association (MEREDA). Each year, MEREDA identifies and recognizes the most noteworthy and significant Maine commercial development projects from the previous year, all of which embody MEREDA’s belief in responsible development.
John Laliberte, Reveler’s CEO accepts the award at MEREDA’s Spring Conference on Wednesday, May 15.
“When we purchased the parcel that The Armature would be built on we didn’t see an abandoned public works site, we saw an opportunity to reveal something that would serve as a new framework for urban living,” said John Laliberte, CEO of Reveler. “As Portland’s first-ever lifestyle community, we are proud to say that we accomplished exactly that.”
Situated in West Bayside, the site, which was once a mechanical garage and surface parking lot for Portland’s fleet of public works vehicles, was the final property of six former public works buildings sold by the City for redevelopment through a competitive RFP process. Following a successful bid, Reveler purchased the site in 2017.
“The Armature required an intensive construction timeline and construction process,” said Mike Barton, Managing Director of Real Estate Development at Reveler. “Throughout 2017 to 2021, Reveler was closely collaborating with our partners, vendors, and community members to incorporate feedback and thoughtfully bring this project to life.”
Today, the mixed-use property features 171 residential units, including 20 workforce units, which offer renters upgraded finishes, smart home build-ins, and spacious floor plans that include private balconies, oversized kitchen islands, and floor-to-ceiling windows. On the ground floor, The Armature’s 6,400 SF of commercial space connects with local businesses along 82 Hanover Street, forming Hanover Works. Commercial tenants in Hanover Works include Wilson County Barbecue, Argenta Brewing, and Bar Publica with two additional spaces under contract and two remaining available to lease. The development of Hanover Works also distinguishes The Armature, creating and fostering an indoor-outdoor neighborhood hub that provides residents with nearby goods and services, allows local businesses to connect with The Armature’s residential community, and was designed to serve the surrounding community for years to come.
The Armature’s exterior. Photo taken by Hitched Willie Photography.
Reveler’s award-winning property management arm, Port Property, is managing The Armature onsite with a local leasing team. Project partners include Acorn Engineering, Androscoggin Bank, Community Bank, CUBE 3, Longfellow Communications, Machias Savings Bank, NBT Bank, Penobscot General Contractors and trade partners, Porta & Company, Thornton Tomasetti, Varney Agency and many others.
Read recent coverage by Mainebiz in the article, “MEREDA conference highlights notable projects, ‘smart growth’ and urban development”. To learn more about The Armature, please visit our project page and the community’s official website at www.thearmatureportland.com.
