Mainebiz

V O L . X X V I I N O. X X V I N OV E M B E R 2 9 , 2 0 2 1 8 B U S I N E S S M A I N E B U S I N E S S M A I N E B U S I N E S S N E W S F RO M A RO U N D T H E S TAT E completed, the pair would acquire a centerpiece of Biddeford's history that has been owned by Doug Sanford since 2004. Rhoades cautioned the deal could still fall through, but that Preston and he are seeking investors for the project through real estate crowdfunding site CrowdStreet. Rhoades and Preston said in their promotional video that they agreed to buy the property at $80 a square foot. e deal was forged "off market," meaning that the Pepperell Mill was never formally for sale and did not seek bids, the developers said in the video. e total owned interior space of the mill campus is about 1 million square feet in 16 buildings on roughly 17 acres. N O T E W O R T H Y S O U T H E R N Maine Outdoor Brands, a Portland- based trade group, said the Department of Commerce's Bureau of Economic Analysis released data indi- cating that Maine's outdoor recreation industry made up 3.3% of the state's economy, ranking it fifth amongst all states in the U.S. Carey & Giampa Realtors opened an office at 14 York St. in York. Harpswell Capital Advisors LLC in New Gloucester announced that the state of Maine conducted its required periodic review of its investment part- nership and chose to reaffirm its part- nership with the firm for another term of up to five years. The firm currently manages $94 million for the state. Greater Portland Landmarks listed its "Places in Peril" listing, calling attention to threats facing commu- nity-defining, historically-significant places in the greater Portland area. The list includes Goddard Mansion, Cape Elizabeth; Bayside Historic Resources, Portland; Gorham's Corner Neighborhood, Portland; Mechanics' Hall, Portland; and Mountain Division Stone Railroad Culverts, Westbrook and Windham. Maine Preservation in Yarmouth announced that the Office of Program Evaluation and Government Accountability released its evaluation of the Maine Historic Rehabilitation Tax Credit, finding that the tax credit's structure and administration are sound and efficient, the credit follows best practices and program data is robust. The evaluation also found that the program incentivizes historic preservation and community revitaliza- tion, promoting affordable housing, job creation and economic growth. Boat dealer moves into former drumstick factory With Vic Firth Co.'s move to a new facility within Newport, the drumstick-and-mallet manufacturer's former factory space was sold to Waterville-based boat dealer Hamlin's Marine. Terms of the deal were not disclosed. Hamlin's was founded in 1984 by Dave and Christine Hamlin. In 2006, they opened Hamlin's Marina in Hampden with their son- in-law and daughter, Dan and Katie Higgins, who took over the business. In 2020, Dan and Katie opened a third location on the Belfast water- front. Altogether, Hamlin's sells boats and provides service, the marina and indoor storage. e four-acre, former Vic Firth property is central to Hamlin's three other locations. It has 933 feet of water frontage on Sebasticook Lake and has 68,247 square feet in area across seven pri- mary buildings. Apartment complex breaks ground in Auburn e city of Auburn, which has been aggressively courting new residential development, will soon be home to 48 new luxury apartments. Developer Sasseville Management LLC plans to build the units at the Kittyhawk Village complex, where there are already 72 apartments. N O T E W O R T H Y C E N T R A L & W E S T E R N The U.S. Department of Agriculture's National Institute of Food and Agriculture awarded University of Maine School of Food and Agriculture and Maine Farm to School Network at Healthy Communities of the Capital Area a $225,000 Service Learning grant to lead the creation of the first annual Maine Farm to School Institute. Subrecipients of the grant in- clude UMaine Cooperative Extension, Maine Agriculture in the Classroom, ReTreeUs and Cumberland County Food Security Council. C E N T R A L & W E S T E R N

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