Amenity-rich property will bring more than 250 rental units to market

PORTLAND, ME / ACCESS Newswire / March 12, 2026 / Callahan Construction Managers (Callahan), a full-service construction management company headquartered in Bridgewater, Mass. with offices in White Plains, NY, announced today that it has been selected to manage construction of the new Thompson's Point apartment community in Portland, Maine, in partnership with the project's developer, Cathartes. The six-story, 457,600 square foot building will add 257 residential rental units to the Libbytown neighborhood near the Fore River.

The building structure will utilize a steel-framed podium on the first floor supporting five stories of wood-frame construction extending from the second-floor slab through the roof. Building features include a fitness center, yoga room, café, game lounge, swimming pool, and outdoor spaces with views of the Fore River and Portland Jetport. A 460-spot parking garage will also be built for both residents and visitors to Thompson's Point alike and will act as a buffer from the nearby rail system.

"We're pleased to partner with Callahan to bring this thoughtfully designed community to life and contribute to the continued evolution of Thompson's Point while helping meet Portland's growing demand for housing," said Rob Simmons, Director of Development, Cathartes.

This project is Callahan's first in the Portland, ME market, marking its latest geographic expansion into northern New England. The company continues to secure new work in both New Hampshire and the Tri-State area, along with ongoing project activity throughout Massachusetts. Recognizing the importance of local history and respecting Maine's abundant natural resources, Callahan looks forward to creating a space for residents and newcomers alike to call home.

"Thompson's Point will introduce much-needed housing to Portland's vibrant downtown community, offering the best of both worlds: proximity to entertainment and cultural attractions with easy access to outdoor recreation," said Steven Callahan Jr., Vice President - Business Development for Callahan Construction. "Our company is excited to support Maine's economy and work with our partner Cathartes on this feature-laden development that will complement the surrounding environment."

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Callahan Construction Managers is a full-service construction management company based in Bridgewater, Mass., with a regional office in White Plains, NY. Callahan has served the New England and Northeast regions for over 70 years. As one of the region's largest open shop construction firms, Callahan provides a wide range of preconstruction and construction management services to local, regional, and national clients. Callahan's markets include multi- family residential, senior housing, affordable housing, hospitality, life sciences, corporate office, educational, retail and tenant fit up. Callahan was voted a 2023 "Top Place to Work" by the Boston Globe and a "Best Place to Work" by the Boston Business Journal in 2024 and 2025. Visit www.callahan-inc.com for more information.

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SOURCE: Callahan Construction Managers