Or A cornice — this one looks like a drip edge. Totally agree this looks like those cheap mid-century apartment buildings across Eastern Mass. If a design is this simple, it needs great materials and proportions. This design does not (yet?).
I've resigned myself to the fact that most new development in Portland not named Redfern is fugly....and cheap looking. Portland wants to be a big boy but is still a toddler in many regards.