Elm Terrace
Fondly referred to as “The Timmys,” the awards honor outstanding rehabilitation and preservation projects based on several criteria, including overall design and quality, interpretation and respect of historic elements, and market success. NH&RA created the “Timmy Awards” as a tribute to Boston architect and preservation advocate J. Timothy Anderson.”
Elm Terrace is a 44,814sf historic renovation of a former Children’s Hospital, which was built in 1909. Community Housing of Maine (CHOM) purchased the former hospital from the University of Maine in 2011. The project includes a prominent addition at the corner of Danforth and High Street in Portland patterned after the Federal style mansion that once stood on the site near the hospital.
The building includes 38 units of affordable family housing, common laundry, offices, community space, and underground parking. The interior was restored in about 70% of the Colonial Revival style building to preserve original terrazzo floors and baseboards, wood trim, and doors and transoms. The original ornamental iron elevator cage is displayed in the first floor elevator lobby and the historic iron staircase was refurbished.
The project has also received U.S. Green Building Council LEED Platinum Certification.
CHOM secured seven funding sources to finance this $10.6 million project. The sources included loans from the Maine State Housing Authority, a grant from the city, as well as equity generated by federal housing and historic tax credits (syndicated by Boston Capital) and by state historic tax credits (taken by Housing by Design, LLC).
The project team included developer Community Housing of Maine, architect: CWS Architects,Historic, consultant: Sutherland Conservation & Co an construction manager: Wright-Ryan Construction
