Portland is buzzing about the construction jobs, increased taxable value and new retail opportunities that this project will bring.
Northland Enterprises has been receiving very favorable feedback after WCSH-TV and the Bangor Daily News reported that the company will be re-developing a vacant building, the former Century Tire building, into Class A retail space. Located on Marginal Way in Portland, the building is well-known because it was home to Century Tire for 88 years.
“We anticipate submitting our plans to the City of Portland in late January or early February,” said Josh Benthien, a partner at Northland Development. “We’re looking forward to working with City staff to make it a great project, and we’ll be releasing a lot of information to the general public along the way so that they understand the process. People are very excited that something positive is happening in that part of Portland, so if anything, we will over-communicate about the process.”
Benthien said folks are curious about the price tag of the project, possible tenants in addition to those that have already been announced, the taxable value of the project, and the number of construction jobs that the development will generate. He said Northland hopes to release as much information as possible by the end of January, on the company’s web site and social media channels, and to the media.
Previous work in Portland by Northland Enterprises includes the spectacular renovation of Baxter Library as new office space for The VIA Agency, photos of which are available in a gallery by clicking “THE LIBRARY” at THIS LINK.
Retail space is still available at the 45 Marginal Way location, and Northland Enterprises has assigned CBRE The Boulos Co. as the leasing agent. If you are a prospective tenant, you may find more information about the project at THIS LINK.
CLICK HERE for story, WCSH-TV
CLICK HERE for story, Bangor Daily News
CLICK IMAGE and then click on “The Library” for photo gallery of signature development project in Portland, Maine by Northland Enterprises.