Catylist ID:
#30373259
Innovation District at The Downs
Vacant Land
for Sale
Also listed as Industrial, Office
| Catylist Listing ID: | 30373259 |
| Property Subtypes: | Industrial, Office, Other |
| Building Status: | Under Construction |
| Gross Land Area: | 1 - 80 Acres |
| Sale Price: | See Agent |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 1/13/2021 |
Overview / Comments
|
The Boulos Company is pleased to present Innovation District at The Downs. Innovation District is an 80-acre, specially zoned business park that is a key component of The Downs, a 510± acre mixed-use development featuring residential, retail and commercial neighborhoods. Innovation District provides a tremendous opportunity to locate in Maine’s first industrial/business park to be developed in over 25 years. For the end user, Innovation District at The Downs provides extensive advantages over a typical site search and build scenario. The developers at Innovation District have secured master plans, and all lots will be prepared for development including cleared, graded sites, road infrastructure in place and all utilities onsite. Utilities include three phase power, municipal water and sewer, stormwater, natural gas, and fiber optics. The surrounding development of The Downs including residential units provides an employment base for businesses relocating to the park. Flexible lot sizes can accommodate users from 5,000 to 100,000+ SF. Lot reservations are being accepted immediately for development which will commence in Summer 2019. PROJECT HIGHLIGHTS • Land area of Innovation District: 80 acres • Zoning: Crossroads Planned Development (CPD) • Availability: Lots to accommodate 5,000 SF to 100,000+ SF businesses • Utilities included: - 3-phase power - Municipal water and sewer - Natural gas - Fiberoptics - Stormwater systems • Condition: All lots prepared for development; cleared, graded, road infrastructure in place, and utilities on site • Flexible lot sizes to accommodate all business requirements for loading and parking • Timing: Development commencement Summer 2019 • Accepting lot reservations immediately, see broker for more information. |
Attachments & Media
Additional Details
| Nearest MSA: | Portland-South Portland |
| County: | Cumberland |
| Tax ID/APN: | Map R52, Lot 4 |
| Zoning: | CPD |
| Property Located Between: | US Route 1 and Payne Road Scarborough |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Haigis Parkway |
| Highway Access: | Maine Turnpike via Haigis Parkway |
| Airports: | Portland Jetport |
| Site Description: | Innovation District at The Downs |
| Area Description: | New development |
| Zoning Description: | Crossroad Planned Development |
| Part of Planned Development?: | Yes |
| Development Name: | The Downs |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 3 miles | 5 miles |
|---|---|---|
| Total Population: | 13,988 | 69,794 |
| Median Age: | 40.15 | 39.76 |
| Households: | 5,513 | 29,744 |
Contact
Jonathan RizzoThe Boulos CompanyNECPE Member |
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