Boutique Condos Break Ground on Munjoy Hill

118 on Munjoy Hill begins construction with a focus on quality

FOR IMMEDIATE RELEASE
PORTLAND, Maine (May 20, 2014) – A long-anticipated upscale condominium project in the heart of Portland, Maine’s coveted East End neighborhood broke ground today, signaling the start of construction on the $10 million development. Located at the corner of Congress and St. Lawrence Streets, 118 on Munjoy Hill will be a four-story mixed-use building containing 12 residential units and two street-level commercial spaces.

The development team: (from l to r) David Lloyd, Archetype Architects; Ed Theriault, TLA; Chip Newell and Susan Morris, NewHeight Group; John Ryan, Wright-Ryan Construction.

The development team: (from l to r) David Lloyd, Archetype Architects; Ed Theriault, TLA; Chip Newell and Susan Morris, NewHeight Group; John Ryan, Wright-Ryan Construction. (Click photo for larger, printable version.)

On hand as the demolition began were developers Susan Morris and Chip Newell of the NewHeight Group and Ed Theriault of TLA. John Ryan, president of Wright-Ryan Construction and David Lloyd of Archetype Architects, who are involved in the construction and design were also on-hand.

“This development is the first of its kind in Portland,” said Ryan, a long-time resident of Munjoy Hill. “Ed, Susan and Chip are breaking new ground with the highest quality condominium in Portland right now with respect to materials, design and energy efficiency.”

With only eight units remaining, the buyers to date are attracted by “the thoughtful design and quality of every aspect of the building,” according to Dr. Susan Koen, a future resident.

In addition, from 118 on Munjoy Hill’s vantage at the peak of Congress Street, residents have door-to-door access to the East End’s neighborhood markets, shops and restaurants, the Eastern Promenade, City Center and the Old Port. The homes afford views of Casco Bay and the Portland Peninsula.

“Our discriminating buyers represent the new urbanites; looking to downsize, yet wanting to customize their homes,” said Susan Morris, co-developer and resident. “Everyone is different in what is important to them – sports, pets, art, entertaining – 118 on Munjoy Hill gives them a chance to express their style and how they live. We did our homework on what baby boomers want, seeking to create timeless urban homes. Now with 4 units sold, we are excited to move forward, and firmly believe that, as the project comes to fruition, inventory will go quickly.”

Designed by an experienced condo development team including Archetype Architects, Wright-Ryan Construction and The NewHeight Group, 118 on Munjoy Hill will offer generous one level, 2 – 3 bedroom units that include dens and decks. Amenities the developers are including in the design based on their research include indoor parking, mudrooms, a dog wash, bike and kayak storage and state-of-the-art energy efficiency systems. Buyers will also receive a design consultation and an allowance to customize their home with features such as wet bars, laundry rooms and pantries and a host of finishes.

“We didn’t plan to develop condominiums when we came to Portland,” said Morris. “We just couldn’t find space that met all of our criteria and didn’t want to compromise. So we’re creating homes based on our decades of experience developing condos from Denver to Washington, DC, conducting research and living in over half a dozen condos ourselves.”

118 on Munjoy Hill will open its new sales center in mid-June. Until the center opens, potential buyers can see the floor plans for the remaining units, which start at $725,000, and see renderings and photographs demonstrating the views by appointment.

About 118 on Munjoy Hill

118 on Munjoy Hill is a four-story mixed-use building at the corner of St. Lawrence and Congress streets in Portland, Maine’s Munjoy Hill neighborhood. The upscale development will contain 12 luxury condominium units on three upper floors and two commercial spaces at street level. Currently under construction, Chip Newell and Susan Morris of The NewHeight Group and Ed Theriault of TLA are working with Archetype Architects and Wright-Ryan Construction on the design and construction of the project. For more information, visit www.118onmunjoyhill.com.

Additional photos and video available upon request.

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