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Waterville Downtown Revitalization
On December 6, 2018, Waterville received a $7.4 million BUILD award from the United States Department of Transportation to support improvements for roadways, sidewalks, intersections, and public green spaces in downtown Waterville.
Funded by a federal BUILD Grant
According to transportation.gov, the Better Utilizing Investments to Leverage Development (BUILD) grant program supports select, exceptional projects that make important improvements to our nation’s transportation infrastructure.
It is a highly competitive program, with only 91 projects (of 851 proposals) receiving funding this year. With this award, Waterville is the first municipal recipient of a BUILD grant in Maine history.
The BUILD grant is the backbone of a $9.2 million investment in downtown Waterville. Other funding sources include $1 million from Colby College and $200,000 from MaineDOT. MaineDOT is the administrator of the grant and will oversee the construction aspect of the project.
The grant will convert Main Street and Front Street to two-way traffic, which will direct traffic into downtown to spur more economic activity, increase property values, and improve flow for commuting traffic.
At the same time, the project also includes several improvements to make downtown Waterville a safer and more attractive pedestrian environment. These improvements include:
- Improved downtown intersections and gateways, including making the Spring Street intersection safer for pedestrians;
- Rebuilt downtown sidewalks;
- Reimagined downtown streetscapes (e.g., benches, plantings), and
- Improvements to Castonguay Square.