Using state and federal historic rehabilitation tax credits, Port Property rehabilitated Buildings 3 & 4 of the former Saco Water Power Company facility into a vibrant, mixed-use community in Biddeford. The 90,000 sq. ft. development includes 71 residential units anchored by Blaze Brewing Company and Stone Fort Distillery on the ground floors. The project team had to remove existing underground mill raceways and remedy compromised masonry walls to bring these brick, steel, and concrete buildings back to life. The damaged portion of Building 3 was transformed into a riverfront patio, while reactivation of the complex provided a critical connection to complete the city’s pedestrian Riverwalk. Port Property sought to foster a community-based space for living, and in keeping with their inclusive community goals, incorporated 10% of its units as affordable housing.
