Issue link: https://nebusinessmedia.uberflip.com/i/1361872
V O L . X X V I I N O. V I I I A P R I L 1 9 , 2 0 2 1 24 R E A L E S TAT E / C O N S T R U C T I O N / E N G I N E E R I N G A 239,000-square-foot mixed- use building planned for 82 Hanover St. in West Bayside is the last and most ambitious piece of a four-year effort that has transformed several blocks that were the former public works depot. e 171-apartment building, which will also have 6,500 square feet of retail space, is the final of six city public works department properties listed by the city in April 2017 to be redeveloped. Tom Watson, of Port Property Management, had already developed another of the public works proper- ties, 82 Hanover St., into a mixed-use building that includes restaurants, bars and office space. He originally planned 16 units of maker space for the 8,435-square-foot maintenance garage at 52 Hanover, but once the neighborhood started to take shape, so did the vision for the property. e vision was much bigger than maker space. When the Portland Planning Board gave the go-ahead to the project in late March, nothing of From public works depot to vibrant neighborhood The city of Portland sold six industrial former city public works department parcels to five developers in 2018 and 2019, with a new vision of how the West Bayside space could be developed. Here's what happened. 55 Portland St. Developer: Ford Reiche Price: $1.4 million for 18,447-square-foot former public works offices Project: Sold for $1.85 million December 2019 after plans for a recovery center didn't work out 52 Hanover St. (formerly 44 Hanover) Developer: Tom Watson Price: $1.25 million; 8,425-square-foot former maintenance garage on 1.3 acres Project: 239,000-square-foot building with 171 apartments, 6,500 square feet of retail and 136-space interior parking Status: Approved by planning board March 24; groundbreaking set for fall, completion in 2023 60 Parris St. Developer: Jack Soley Price: $175,000 for 0.23-acre lot Project: Parris Terraces, 23 workforce-priced condominiums Status: Opened May 2019 82 Hanover St. Developer: Tom Watson Price: $2.4 million for 42,000-square-foot building on 1.25-acre lot, former warehouse Project: Mixed-use restaurant, retail, office redevelopment with tenants Banded Brewing, The Whiskey Barrel, Wilson County Barbecue, Batson River Social Club, Cyclebar, Fortune Teller Tattoo Rist-Frost-Shumway Engineering, Knickerbocker Group interior design, Exterus Business Furniture and Port Property's offices Status: Fully leased November 2019 65 Hanover St. Developer: Rob Barrett Price: $1 million for 13,000-square-foot former city paint and sign shop Project: The Public Works, maker and creative businesses space Status: Completed April 2019 178 Kennebec St. Developer: Szanton Co. Price: $250,000 for 0.22-acre lot Project: Furman Block, 51 apartments for over-55 residents, commercial space on ground floor Status: Opened in January G O O G L E M A P S Portland's economic development gamble paying off The final piece of the redevelopment of the former public works space is also the most ambitious B y M a u R e e n M i l l i k e n F O C U S PARCEL 6 PARCEL 3 PARCEL 4 PARCEL 2 PARCEL 5 PARCEL 1 PARCEL 1 PARCEL 2 PARCEL 3 PARCEL 4 PARCEL 5 PARCEL 6