Lewiston/Auburn Community Housing, Inc., a subsidiary of Community Concepts, purchased two properties on Pine Street in Lewiston from C’s Inc and The Estate of James R. Costello Sr. The buyer plans to redevelop the properties, with concept plans showing a mixed-use development comprising 66 housing units and ground-floor commercial space.
This redevelopment is a core part of a larger “transformation” plan for downtown Lewiston, envisioning revitalization through new and redeveloped housing and beautification projects. The plan, now available in draft form, should be finalized later this summer.
The transaction was arranged by Chris Paszyc, CCIM, SIOR.