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Maine DECD Visits Mill Redevelopment Project in Sanford
State of Maine Department of Economic and Community Development Commissioner George Gervais recently toured the Sanford Mill at 61 Washington Street with developers and representatives from the Sanford Regional Economic Growth Council. The former textile mill is currently being renovated into a multiuse facility to include both commercial and residential space for lease.
Northland Enterprises LLC; a Portland-based company devoted to the acquisition, redevelopment, and repositioning of unique income producing properties; purchased the building from the town of Sanford and began construction in November 2011. Commissioner Gervais, along with DECD's Governor's Account Executive Brian Mulligan visited the site for an update on the project and to discuss steps to move forward to completion.
"This is a remarkable project and a wonderful economic opportunity for the town of Sanford," stated Commissioner Gervais. "Restoring a landmark and utilizing it efficiently is an example of how communities throughout the state can stimulate and develop the local economy."
The property is expected to be ready for tenants early next year. According to The Boulos Company, there are 3,033 - 22,477 +/- square feet of first floor office/retail space available for lease, as well as 36 market rate residential units on the upper floors. The building will also feature on-site parking and professional landscaping.
"From 1867 to 1955 the mill yard was the heart and soul of the Sanford community with over 5000 people employed there. It is wonderful to see new development and renovation in the area and we appreciate Commissioner Gervais taking the time to meet with us, view the progress and offer helpful insight toward the next stages of the project," said James Nimon, executive director of the Sanford Regional Economic Growth Council.
The Sanford Mills Historic District earned its place on the National Register of Historic Places in 2009, adding value and recognition to the area, making it more attractive to future developers.