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The Szanton Company
482 Congress Street, Suite 203
The Szanton Company, an affiliate of the Monks Companies, specializes in developing mixed-income rental housing in or near downtowns. The principals formed the company as an outgrowth of a successful consulting firm that provided development project manag
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The Szanton Co. owner ...
The Szanton Co. owner Nate Szanton received historical honors for the Lofts at Bates Mill project, which began taking tenants last October.
All 48 apartments in the complex are rented, Szanton said.
"There is a huge, pent-up demand for this kind of housing in mill space in Lewiston," Szanton
Wright-Ryan Construction builds Maine homes and buildings
Nathan S. Szanton
Real Estate Developer & Consultant
The Szanton Company
March 2012 Green Eggs – Multi-Unit Housing and Solar Hot Water | Maine Chapter of the U.S. Green Building Council
Nathan Szanton of The Szanton Company will talk about his experience in incorporating solar hot water into his developing projects.
Nathan Szanton, The Szanton Company
Nathan Szanton is Principal of the The Szanton Company.
A graduate of Harvard College and UMaine School of Law Nathan has committed himself to creating attractive, comfortable and affordable rental homes for tenants with diverse incomes.
With word that MaineHousing had awarded ...
With word that MaineHousing had awarded The Lofts at Bates Mill $5.2 million in low-income housing tax credits, "the project is definitely a go," said Nathan Szanton, president of the Szanton Company.
"The competition for affordable-housing tax credits in Maine is intense," Szanton
"It shows MaineHousing really cares about doing everything it can to help revitalize older downtowns."
The $9.2 million project calls for 48 new units, 33 with subsidized rent, 15 charging the going market rate (in the $600s for a one-bedroom, $700s for a two-bedroom).
The subsidized units each will rent for about $200 less than the market rate, Szanton
Rents will include heat, hot water, Wi-Fi, off-street parking and access to a fitness center, computer room and home theater room.
Construction plans will be worked out over the next three months, Szanton
It will go out to bid in April.
Szanton hopes to close on financing and start construction in late May or June.
With a nine-month build, the housing ideally will open in March 2012, he
Meeting with future potential residents should start well before that.
said model units would be finished in the first three months so people would have something to tour.
Potential tenants have to agree to criminal and credit background checks, come with several references and abide by house rules such as no smoking.
planned a kickoff meeting with project architect Platz Associates
owns Bates Mill No. 2.
intends to buy part of the mill.
While requesting approval from the Board ...
While requesting approval from the Board of Selectmen in May for a sidewalk expansion in front of his Squamscott Block project, developer Nathan Szanton told the board he was in discussions with Starbucks to fill space in the building.
Szanton, of Szanton Group LLP, based out of Portland, Maine, said Starbucks would fill about 70 percent of the building's retail space on Water Street.
The remaining space would be filled by Hannah International Foods, a Seabrook company that creates pre-made Mediterranean take-out meals, he said.
"I think they would help enhance the vitality of downtown Exeter," Szanton
This past Tuesday, Szanton
appeared before the Zoning Board of Appeals to amend an original condition to the project that stated, "Any restaurant use of the commercial space shall be prohibited.
With only three members of the board present, Szanton
decided to withhold his
application and return when the full board is present.
said neither of the shops he
is looking at for the retail space is a restaurant in the traditional sense, it is food related and he
thought returning to the board was appropriate.
has yet to hear when the proposal is scheduled next for a meeting.
would help downtown businesses.
"When people go to Starbucks
they don't just go there, they will shop in other shops as well, all up and down Water Street.
I think it will be a good thing for downtown," he
said also that the coffee shop should not hurt the local and quaint appeal of downtown Exeter.
"I think that a healthy downtown is filled with different kinds of stores and stores which are part of a chain certainly have a part in that as long as they don't dominate the town and I don't envision Exeter ever becoming like that," Szanton