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V O L . X X I I I N O. I I JA N UA R Y 2 3 , 2 0 1 7 18 A U G U S TA / WAT E R V I L L E F O C U S One property is the former Masonic Building at 14 Common St. in the heart of downtown, just off of Main Street. ere, he and business partner Fred Ouellette opened e Proper Pig, which he describes as an upscale pub-style restaurant and bar. It opened in June 2016, and the origi- nal 1,500 square feet inside already is being expanded because the outdoor patio that seats 40 can't be used in the winter. Burgers are priced around $10. " e real impact of the develop- ment with Colby is about two years out," Mitchell says. "When CGI moves into 173 Main and continues to build an employment base, that will be the beginning of the fl ow of people into downtown, followed by the hotel, the buildings across from it and the dormitory." e 200-student apart- ment complex and hotel are due for completion in 2018. Colby alumni also are stepping up, with four of them spurring interest by other alumni, according to Ureneck and others at Colby. Alum Justin DePre and his brother Tom, both local realtors, bought 155 and 156 Main St., across from the planned dorms. e two buildings housed the former Atkins Printing. e DePre family plans to use the space for retail and offi ces, according to e Colby Echo student newspaper. Other alumni redeveloping down- town buildings include Paul Boghossian, who restored the historic Hathaway Mill in Waterville fi ve years ago plus two other buildings in what is known as the Hathaway Creative Center complex off the north side of Water Street. It has offi ce and retail space and 67 high-end apartments. Part of it is currently for sale for Boghossian to raise capital for other projects. And alum Matthew Hancock bought the Let's Talk Learning School space on Temple Street, which he reportedly plans to lease. It's not just the buildings get- ting makeovers. e city and state Department of Transportation funded a study on the impact of the planned changes on parking and traffi c. Civil engineering company Gorrill Palmer recommended changing the direction of traffi c, as the downtown currently » C O N T I N U E D F RO M P R E V I O U S PA G E Download the 2017 Book of Lists! S P O N S O R E D B Y COMMERCIAL BROKERS CONNECTED, LOCAL, SAVVY. 0U[LNYP[`0UKLWLUKLUJL0U[LSSPNLU[0U]LZ[PUN 2017 $19.95 December 26, 2016 VO L . X X I I N O. X X I X www.mainebiz.biz www.mainebiz.biz PA I N T I N G / J I L L P E LT O, D E C L I N E I N G L A C I E R M A S S B A L A N C E , WAT E R C O L O R , 6 " × 8 " Access the lists today! Order now at mainebiz.biz/lists SP ONSORED BY COMMERCIAL BROKERS CONNECTED, LOCAL, SAVVY. 0U[LNYP[`0UKLWLUKLUJL0U[LSSPNLU[0U]LZ[PUN ¡ New lists for 2017 ¡ Exclusive access to extended lists ¡ Excel format lets you easily sort, merge and import data R E N D E R I N G S / C O U R T E S Y C O L B Y C O L L E G E C U R R E N T P RO P O S E D TOP: Views of 173 Main St., with adjacent buildings at 155–165 Main St., which are also being renovated by private developers. BOTTOM: New student apartments aim to mix students and local residents.

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