For Immediate Release
July 21, 2003

Contact:
Sherrin Vail
(207) 767-0900
Jason Wolfe
(207) 883-6083
Web Site: http://www.riverplacebyram.com/amenities.html

Description: RiverPlace by Ram is a luxury rental apartment community on the waterfront in South Portland

Size: 136 rental apartments in four, four-story buildings on 11 acres



Location: On the Fore River, Portland Harbor, and Mill Cove in South Portland, Maine

Owner: RiverPlace Development, LLC, Howard A. Goldenbfarb, manager

Developer: Ram Management Co., Inc., Portland, Maine (Howard A. Goldenfarb, principal)

Cost: $17 million

Architect: O'Sullivan Architects, Lynnfield, Mass.

General Contractor: H.E. Callahan, Auburn, Maine

Site Cleanup: Ram has greatly improved the site ö formerly home to unsightly industrial buildings ö by removing the buildings and recycling more than 9,000 tons of concrete and asphalt for use on the property and removing another 1,000 tons of steel for recycling and use by others.

Features

RiverPlace will provide residents with expansive views of Portland Harbor, the Portland skyline and spectacular sunsets. Also, RiverPlace offers a number of unique features and amenities not available in other rental communities in Greater Portland or throughout Maine.

All RiverPlace apartments will include:

• Individually controlled central air conditioning and gas heating systems
  
  
• Elevators in all buildings
  
  
• Spacious floor plans, ranging in size from 943 to 1,477 square feet, with private decks and patios
  
  
• Nine-foot ceilings; in-home laundry with full size washer and dryer; high-speed Internet connections
  
  
• Gated access, covered parking and building security systems
  
  
• On-site waterfront clubhouse with swimming pool and tennis court; a state-of-the-art fitness facility; resident business center including conference room, computer and fax facilities; media room featuring wide screen HDTV and a surround sound system; barbecue areas; and a car wash area
  
  
• Private dock for canoes and kayaks; close to the Centerboard Yacht Club and Spring Point Marina

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