Resolve: to establish a response team to facilitate the redevelopment of unoccupied mills LD 1675.

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Presentation 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: zSUSTAINABILITY zHEALTH & WELLNESS zRECREATION EPA Brownfields Area-Wide Planning Pilot Program

The repositioning of the Millyard can be accomplished through six means of reinvestment: 1. REHABILITATED INFRASTRUCTURE 2. ENVIRONMENTAL REMEDIATION 3. RENEWABLE ENERGY 4. ECONOMIC REDEVELOPMENT 5. ENGAGED COMMUNITY 6. 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

zTown Council zHistoric Designation zHeritage Crossing zEminent Domain zTax Increment Financing zRiverfront Grant zNSP III zWaterfront Park zTransportation Center SANFORD’S COMMITMENT: PUBLIC SECTOR PARTNER

SANFORD MILL c.1915 – BEFORE

FUNDING SOURCES SourceAmountPrivate/ Public Bangor 1 st position debt$980,000Private SMRPC 2 nd position debt$830,000Public TIF Credit Enhancement$514,000Public Riverfront Grant (DECD)$505,000Public Developer Contribution$775,000Private State Historic Equity$2,050,000Public & Private Federal Historic Equity$1,654,000Public & Private NSP III grant (DECD/HUD) $3,700,000Public $11,008,000

SANFORD MILL c.2013 – AFTER

SANFORD MILL - PLANS

WATERFRONT PARK - PLANS

NEW CITY OF SANFORD: CENTER OF NEW ENGLAND