resolve: to establish a response team to facilitate the redevelopment of unoccupied mills ld 1675
TRANSCRIPT
Resolve:
to establish a response team to facilitate the redevelopment
of unoccupied mills
LD 1675
Charge:
“establish and coordinate a response team to facilitate
redevelopment of unoccupied mills”
Department of Economic & Community Development (Brian Whitney)
Department of Environmental Protection
(Nick Hodgkins) ********************
Finance Authority of Maine (Charlie Emmons)
********************Maine State Housing Authority
(Dan Brennan)
Other State Agencies
Commercial Real Estate Developer (Gary Samia, Century 21)
********************Economic Development District
(Paul Schumacher, SMRPC)********************
Local Economic Developer(Jim Nimon, SREGC)*******************
Private Sector Mill Redeveloper(Brad Fries, Northland)
Local & Regional Participants
Facilitate DECD’s efforts to redevelop unoccupied mills
Provide assistance upon request to a municipality actively working to implement a redevelopment business plan for an unoccupied building and that has identified within the business plan possible financing resources and marketing plans for redevelopment of the unoccupied site
Response Team’s Charge
May assist by: Visiting the unoccupied site and engaging
in discussions with local officials regarding the availability of federal, state and local financing resources for municipalities
Identifying and removing whenever possible any regulatory obstacles to redevelopment of the site
Response Team Visit
Who Are We?
A 501(c)(6) corporation established in October 2009; partnership of the Town of Sanford, the Sanford-Springvale Chamber of Commerce and the Industrial Development Corporation; led by 7-member board of directors and chartered to be the leading economic development organization in central York County.
SANFORD MILLYARD
Weston & Sampson: Sanford Millyard Action Plan
Sanford must build upon its existing assets in the development of a brand that is focused on specific market niches. These niches need to benefit from the assets of the Town that are not currently identified with any other community in Maine.
Those niches are: SUSTAINABILITY HEALTH & WELLNESS RECREATION
EPA BrownfieldsArea-Wide Planning Pilot Program
The repositioning of the Millyard can be accomplished through six means of reinvestment:
1. REHABILITATED INFRASTRUCTURE2. ENVIRONMENTAL REMEDIATION3. RENEWABLE ENERGY4. ECONOMIC REDEVELOPMENT5. ENGAGED COMMUNITY6. IMPROVED HEALTH
Weston & Sampson Action Plan
MILLYARD REPOSITIONING NEXT STEPS:
1. NATURAL GAS EXTENSION
2. EXPLORE FEDERAL FUNDING FOR TRANSPORTATION IMPROVEMENTS TO PEDESTRIAN CONNECTIONS, MAJOR DOWNTOWN INTERSECTIONS, AND STRUCTURED PARKING
3. RENEWABLE ENERGY FEASIBILITY DESIGN
4. ENGINEERING OF NUMBER ONE POND AND MOUSAM RIVER FOR WATER RETENTION DESIGN AND INFRASTRUCTURE IMPROVEMENT & TECHNICAL ANALYSES
5. EXPLORE FUNDING FOR CONTINUED BROWNFIELDS ASSESSMENT AND CLEAN UP, USE FUNDING TO LEVERAGE PROPERTY OWNERSHIP FOR KEY MILL BUILDING REPOSITIONING
Weston & Sampson Action Plan
ANY QUICK REACTIONS TO PLANS?
Response Team Participants?
Board Members?
Sanford Mill Example
NORTHLAND ENTERPRISES: PRIVATE SECTOR PARTNER
JOSH BENTHIEN &
REX BELL
SANFORD MILL DEVELOPERS
Town Council Historic Designation Heritage Crossing Eminent Domain Tax Increment Financing Riverfront Grant NSP III Waterfront Park Transportation Center
SANFORD’S COMMITMENT:PUBLIC SECTOR PARTNER
SANFORD MILL c.1915 – BEFORE
FUNDING SOURCES
Source Amount Private/ Public
Bangor 1st position debt
$980,000 Private
SMRPC 2nd position debt
$830,000 Public
TIF Credit Enhancement
$514,000 Public
Riverfront Grant (DECD)
$505,000 Public
Developer Contribution
$775,000 Private
State Historic Equity $2,050,000 Public & Private
Federal Historic Equity
$1,654,000 Public & Private
NSP III grant (DECD/HUD)
$3,700,000 Public
$11,008,000
SANFORD MILL c.2013 – AFTER
SANFORD MILL - PLANS
WATERFRONT PARK - PLANS
NEW CITY OF SANFORD:CENTER OF NEW ENGLAND