The Boyd Block Named a MEREDA Notable Project for 2025

East Brown Cow's renovation of the Boyd Block at 178 Middle Street has been named one of the Maine Real Estate & Development Association’s (MEREDA) Top 7 Notable Projects for 2025, recognizing the transformative rehabilitation of the historic property in Portland’s Old Port.

Each year, MEREDA honors the most noteworthy commercial development projects across Maine—projects that exemplify community impact and a commitment to responsible development. The Boyd Block’s inclusion underscores the scale, complexity, and long-term vision behind one of the most comprehensive historic rehabilitations ever undertaken in Portland.

“We’re honored to be recognized by MEREDA alongside such an impressive group of projects from across the state,” said Jacob Soley, Director of Development at East Brown Cow. “The Boyd Block represents a deep investment in Portland’s built environment—one that required patience, precision, and a shared belief that historic structures can continue to evolve in ways that serve both the city’s history and its future.”

“The Boyd Block is an outstanding example of how historic preservation and modern development can work hand in hand,” said Shelly R. Clark, Executive Director of MEREDA. “East Brown Cow’s commitment to quality, authenticity, and long-term stewardship is evident in every aspect of this project. It not only restores an important piece of Portland’s architectural heritage but also reinforces the vitality of the Old Port as a dynamic place to live, work, and visit.”

Constructed in the immediate aftermath of Portland’s Great Fire of 1866, the Boyd Block is a five-story Italianate commercial building designed by George M. Harding, one of Maine’s most significant 19th-century architects. Situated at the prominent intersection of Middle and Exchange Streets, the building has long played a central role in the city’s commercial life.

After acquiring the property in 2021, East Brown Cow undertook a $22 million, multi-year rehabilitation that balanced historic preservation with modern performance standards. Utilizing federal and state historic rehabilitation tax credits, the project involved a full-scale reconstruction. At one point the building was effectively dismantled; you could look up from the basement and see all the way through the roof rafters as foundations were reshored, and the basement excavated and lowered to create usable space.

Among the most significant achievements was the restoration of original interior millwork, including window casings, trim, and decorative details dating back to the building’s 19th-century origins. Where historic materials were missing, new elements were fabricated to precisely match the original profiles, ensuring continuity with Harding’s design intent.

Today, the revitalized Boyd Block once again serves as a vibrant anchor of the Old Port. The ground floor is home to local businesses including Rough & Tumble and Bangor Savings Bank, while the upper floors feature one- and two-bedroom lofts as part of The Docent’s Collection—an innovative hospitality concept that blends the experience of a boutique hotel with the comfort and flexibility of residential living. The Docent’s Collection introduces guests to Portland’s history by placing them directly within a restored landmark, deepening appreciation for the city’s architectural heritage.

This recognition from MEREDA adds to a growing list of honors for the Boyd Block, reflecting its impact both as a preservation effort and as a forward-looking model for urban redevelopment in Maine.