Real Estate Development

anchorage_south_render
Rendering of Anchorage South to be located at 80 Congress Avenue, Bath courtesy of Ryan Senatore Architects

Featured Project

Anchorage South

New construction at 80 Congress Avenue featuring
47 one-bedroom apartments for low-income elderly residents. This project is Phase I of Bath Housing’s master plan on Congress Avenue.

  • Project financing in November 2024
  • Expected groundbreaking in Summer 2026
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More Current Projects

Bath Housing is actively working to create a range of housing options in the region. The organization brings extensive experience in real estate development, including legal, financial, community planning, and construction expertise. This work is supported by strong relationships with lending partners, funding sources, community leaders, and housing advocates. Ongoing, candid conversations with community leaders and neighbors are a core commitment of the organization.

540 Centre Street

Second phase of the Centre Street project featuring 24 one-bedroom apartments. Planned opening: July 2026
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Congress Avenue Corridor

A thoughtfully planned new neighborhood with livability. connectivity, mixed housing types, open space, and continued community engagement.
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Featured Historic Projects

Acquisition of Downtown Bath Parcels (2019)

Sagadahock
  • Properties: Moses and Columbia Blocks, along with a parking lot at 195 Front Street
  • Purpose: Preserve downtown Bath’s character, stimulate economic activity in the walkable central core, and maintain modest rental prices for local residents and workers
  • 2022 Update: The Moses and Columbia Blocks were sold to The Uptown, LP as part of a 60-unit housing project combining historic preservation and new construction
  • Affordability: 75% of apartments designated for households earning at or below 60% of Area Median Income (AMI)
  • Completion: Project opened in May 2024

Homeownership Project (2020)

57 Chestnut Street Welcome Home 10.15.2020

In October 2020, Bath Housing Development Corporation completed and sold 57 Chestnut Street in Bath. The project was a partnership between Bath Regional Career and Technical Center, Rotary Club of Bath Maine, USA, and Bath Housing Development Corporation, with a land acquisition grant from MaineHousing and finish work from Vaillancourt Builders. The new owner shared that she was pleased to find a home that is easy to maintain, well-suited to her needs, and affordable: “It’s perfect for me.” Click here to see a short movie about the project.