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W W W. M A I N E B I Z . B I Z 27 JA N UA R Y 2 1 , 2 0 1 9 F O C U S C O M M E R C I A L D E V E L O P M E N T Bar Harbor campus, is expected to bring 350 jobs within 10 years. Yet Jackson Lab's multiplier effect goes far beyond jobs created, he adds. "Anytime you create a service or a product and it goes out, it brings money back in," Cole says. "JAX is producing laboratory mice and selling them all over the world. When you look at people moving in, needing services, ongoing construction — it's amazing how a major investment like that spins out." Slow and steady Development here isn't exploding the way it is in Portland. But observers agree it's a slow but steady response to a grow- ing sense of Ellsworth's potential as a commercial hub and service center. Businesses, getting customers from Ellsworth and surrounding towns, find the location rewarding, says Dan MacIntyre, Maine Coast Mall's leasing agent. DESIGN | BUILD | MAINTAIN Valued Partner. Trusted Employer. Design. Build. Maintain. Connec cut Massachuse s Maine Rhode Island New Hampshire Vermont Design |Build | BIM Construc on & Renova on UL Cer fied Prefabrica on 24/7 Emergency Service Arc Flash Hazard Analysis Fire Alarm & Life Safety Structured Cabling Award-winning quality, technical innova on, outstanding people, and the largest UL cer fied prefabrica on facility in the Northeast. All great reasons to partner with Interstate for your next project. Our people, placement installa Partner excep FAST access to project funding. CONFIDENCE to meet deadlines. RELATIONSHIP you and your clients can count on. Rehab & Renovation Real Estate Development Construction Loans Maine Capital Group provides single-source lending and strategic advisory services for small to mid-sized financing opportunities in the residential and commercial real estate markets. www.mainecapitalgroup.com Contact Russ Oakes: roakes@mainecapitalgroup.com / 207. 352. 5609 4 C I T Y C E N T E R , 3 R D F LO O R , P O R T L A N D " Maine Capital Group is the project funding solution I have been hoping to find for years: fast, professional, reliable. I feel like they are a part of my team!" KM — Developer C O N T I N U E D O N F O L L OW I N G PA G E » P H O T O / JA S O N PA I G E S M I T H Matthew Gurney of Coastal Maine General Contracting started his firm in Machias but found the company was spending more and more time in Ellsworth. Oriole Way workforce housing Hannaford renovations First National Bank new branch 208 High St. retail complex Washington Luxe Apts. Wal-Mart renovations ELLSWORTH CONSTRUCTION PROJECTS (COST IN MILLIONS, 2018) S O U R C E : City of Ellsworth $4.6 M $3.9 M $2.5 M $2.3 M $2.2 M $1.43 M