Property Details

244 Permitted Residential Units - 100 % Market Rate - Walking distance to Major Medical Centers OPPORTUNITY: - Approvals and Pre-Development Work Completed - Population Growth - More than Double the State Pace - Strong Demand for Housing - Employment: 3,000+ Local Healthcare jobs - Population: Second Largest City in Maine Located along the Androscoggin River Across from Auburn in Lewiston, Maine. TIF Tax Increment Financing Eligible for 63% Reduction in Taxes for 20 Years - Strong Demand for Housing - Close Proximity to 2 Major Medical Centers - CMMC. Central Maine Medical Center and St. Mary's Regional - Near Bates College and near the City's Planned Riverfront Revitalization Project - Attractive Financing Possible with Local and Regional Banks