Wells, ME Landry/French Construction participated in a formal groundbreaking ceremony for the new Town of Wells public safety complex.
On June 19th, town officials, staff and members of the community gathered to celebrate the long-awaited facility. Planning for the new 40,000 s/f combined police and fire station began in 2012.
Police chief Jo-Ann Putnam, who had advocated for the new building for the past 15 years, spoke at the groundbreaking and thanked town manager Jonathan Carter, selectmen, and taxpayers.
The new facility will replace the outdated and cramped 1960’s building that was constructed for use as a town hall.
The architect is Lavallee Brensinger Architects. Construction is slated to be completed end of 2019.
The multifamily market in Maine’s major cities presents a diverse range of opportunities for investors. We looked at the potential benefits and unique characteristics of three major submarkets in the state: Portland, Bangor, and Lewiston-Auburn. The information below is based on research done in CoStar and county registries, and focuses on multifamily properties that have four or more units.
As we all know, interest rates have been changing drastically, with movement in both directions, depending on the type and term of financing. The Federal Open Market Committee has taken drastic action in efforts to curb abnormally high inflation, but it hasn’t controlled labor cost growth to the extent that was intended.