Converted nursing home opens 11 senior apartments in Augusta

A former nursing home at 313 State St. in Augusta was renovated into 11 market-rate apartments for people 55 and older and soft-opened this weekend. The property was bought by Tony and Lori Noonan in November 2024 and did not use city tax increment financing.

A former nursing home on State Street in Augusta has been converted into 11 apartments for people aged 55 and older and soft-opened this weekend. The project was led by Tony and Lori Noonan of Waterville-based Property Minders, who bought 313 State St. for just over $1 million in November 2024 and renovated the shuttered assisted-living facility. Capital City Manor closed in July 2024 after a series of violations and was among nursing homes that closed in Maine after the pandemic. City officials described the renovation as fitting local housing goals amid low vacancy rates. Key details: - The conversion created 11 units: six two-bedroom apartments and five one-bedroom apartments. - Units are designated for people 55 and older under federal housing rules and will be offered at market rent. - Tony and Lori Noonan purchased the property for just over $1 million in November 2024 and completed renovation in about a year. - Capital City Manor closed in July 2024 after mandated corrective action; the closure was part of a broader pattern of post-pandemic nursing home shutdowns in Maine. - The project did not require tax increment financing (TIF) subsidies from the city. - The U.S. Department of Housing and Urban Development fair market rents for Kennebec County are cited as $1,090 for a one-bedroom and $1,416 for a two-bedroom; city reports note a need for more senior units and a larger regional shortfall of housing. Summary: The conversion repurposes a previously vacant care facility into market-rate senior housing and contributes to Augusta’s growing housing supply. City officials said the location and appeal could lead to quick leasing, and the project aligns with local efforts to expand housing options; the broader pipeline of projects in the city remains active.