LivAway Suites has started foundation work on the company’s newest location in Scarborough, Maine, seven miles south of Portland and four miles south of the Portland International Jetport.
With nearby Portland noted as one of the top extended-stay demand locations in the country, Scarborough is an ideal city for the rapidly expanding LivAway Suites brand, according to the company. The Portland Metropolitan Area is a leading wholesale distribution point for northern New England and is home to the second-largest port in New England in terms of tonnage. While southern Maine is currently experiencing a housing crunch, many business owners can't fill jobs because workers can't find affordable housing and accommodations, which makes the Scarborough area ripe for extended-stay options.
"Our newest property in Scarborough will be built in close proximity to major employers – answering the high demand for affordable extended stay options," Mike Nielson, CEO of LivAway Suites, said in a statement. "We're eager to meet the needs of the growing influx of workers and families coming to the Portland Metropolitan area, with our unique brand promise of offering guests everything they need and nothing they don't."
The company recently broke ground on a new LivAway Suites in Draper, Utah; appointed Paul Duncan as the new chief development officer; and is set to open its first location in West Jordan, Utah.
With eight groundbreakings over the last 11 months, LivAway Suites has plans to break ground on nine more locations this year.