News: Owners Developers & Managers

Reveler Development welcomes [the square] to Arts District

Portland, ME Reveler Development made known that [the square] has opened at 34 Preble St., near Monument Square. Led by Equal Measure Arts (EMA) and Falmouth-based Monaco Studios, [the square] aims to be a new creative hub for the city.

Formerly home to Prism Analog, the 1,800 s/f space is being reimagined as a versatile venue dedicated to music, education, community, and the arts. The project emerged after EMA began exploring opportunities to expand its educational offerings — and learned that Prism Analog was preparing to close. Determined to preserve the location as a resource for the city’s creative community, EMA founder Sam Monaco led an effort to save the space and develop a community-centered vision for its future.

“Demand for affordable recording sessions and educational programming in audio engineering and music production has grown far beyond the capacity of our existing resources,” said Monaco, a Portland-raised drummer and entrepreneur. “We wanted to meet students and emerging artists where many of them already are — downtown — and ensure that transportation barriers don’t interfere with access to the tools of a professional studio.”

“Our team at Port Property has been delighted to work with Sam Monaco as he further builds on the great work that Prism Analog has done in transforming this space into a music studio,” said Reveler CEO John Laliberte. “[the square] is powered by a strong community ethos and we’re excited to see the way that the community — particularly young people — will benefit from this space.”

The downtown location of [the square] is allowing EMA to deepen its collaborations with the Maine Academy of Modern Music and the Maine College of Art & Design, while developing new programs with Portland High School, the Boys & Girls Club, the Portland Public Library, the Portland Conservatory of Music, and Portland Media Center. In keeping with the model established at the Falmouth-based Monaco Studios, 10% of all commercial studio income at [the square] will go directly to EMA’s financial aid fund, which subsidizes recording time and instruction for under-resourced artists and aspiring producers and engineers.

Since its inception, the financial aid program founded by EMA at Monaco Studios has supported the creation of more than 50 songs by students and under-resourced musicians — work that has collectively reached over 221,000 streams on Spotify. Several major projects are currently underway, including an upcoming crowdfunding campaign with Graham Ganter, winner of last spring’s WMPG Battle of the Bands at USM, and another forthcoming campaign with Hadithi Abdulle, a Lewiston-based Somali songwriter completing an album of protest songs written on his oud.

While recording and production remain central to its mission, [the square] is designed to function as a multipurpose creative hub, offering services in audio engineering, podcast production, photography, videography, and immersive multimedia installations in collaboration with creative partners at PORTL&.

MORE FROM Owners Developers & Managers

Heritage Properties celebrates preleasing of The Emery in Lowell

Lowell, MA According to Heritage Properties, The Emery – its newest multifamily community in downtown – is officially open for preleasing. Located at 218 Middlesex St., The Emery is at the corner of Middlesex and Pearl Sts. in the city’s JAM (Jackson/Appleton/Middlesex) urban renewal neighborhood zone.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
IREM president’s message:  Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

IREM president’s message: Our new reality - Staying ahead of supply chain delays - by Yoany Vargas

Supply chain delays are slowing construction, ratcheting up operating costs, and extending turnover timelines across Greater Boston, directly reducing revenue and increasing the workload for multifamily and

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

Florida ruling raises bar for condo terminations and buyouts - by Michael Karsch

On October 14, 2025, in a landmark decision with significant implications for the Florida real estate market, the Supreme Court of Florida formally denied Two Roads Development’s (TRD Biscayne LLC) petition for review in its long-running case against unit owners of Biscayne 21,
Revitalized Town Centers:  Retail??? - by Carol Todreas

Revitalized Town Centers: Retail??? - by Carol Todreas

It is now widely accepted that customers want to shop in person at physical stores. Brands know that they do better business in a physical store than just on line so they want to open stores. Demand for retail space by digital merchants, local entrepreneurs, and newly developed national chains
Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Retail infill strategy to activate Pawtucket’s Conant Thread District - by Gaetan Kashala

Until recently, the Conant Thread District consisted of approximately 150 acres of underutilized industrial land spanning Pawtucket and Central Falls. Today, the area is one of the most significant