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.

• 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

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 13,988 69,794
Median Age: 40.15 39.76
Households: 5,513 29,744


Photograph of Listing Agent

Drew Sigfridson, SIOR

The Boulos Company NECPE Member
Photograph of Listing Agent

Jonathan Rizzo

The Boulos Company
NECPE Member
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