Description

We are pleased to represent a new commercial retail, office and residential development located on Route One in Saco, Maine. Park North Development LLC is the owner and developer of this new mixed use project. Currently, the plans for the immediate area included an adjacent 14 lot business park with lot sizes ranging from 1.5 acres to 6.5 acres. In addition, the developer has approvals for 90 unit apartments in two buildings and with 200+/- units of condominium housing developments which will include a community clubhouse, nature trails and other amenities all geared to the 55+ age group, which will be located directly behind these retail/office lots and will share a major access road with this retail/office development. The entire project will have city water and sewer provided to the lots. These different parcels are available For Sale or the owner will be developing the property on a build to suit basis for larger retailers or office users.
The scope of this project will markedly change the landscape of this area of Saco. The vision of the developer and the city is to provide a gateway to the City of Saco.

The entire property consists of over 236 acres of contiguous land with over 1650 feet of frontage on Route 1 from the Scarborough/Saco town line south. Such a large parcel of land with such significant frontage in this location provides a rare opportunity to master plan a mixed use development in this location.