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That project has thrived even during the economic downturn in recent years, he said.ĬEI, a private nonprofit financial institution based in Wiscasset, has already invested in the former CMP building and is also interested in the Marden’s building but has not yet invested in that project, according to Boghossian.
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But the fact that we’re here is pretty much a miracle when you think about it.”īoghossian was referring to his southernmost building in the complex that he developed to the tune of $32 million and which is nearly full of workers and tenants. “I do have interest from the financing community,” he said. Boghossian has talked about the plans in the past, saying in June 2014 he was poised to start development on the CMP building. A gathering space and cafe area between the CMP and Hathaway buildings and a sculpture garden between the CMP and Marden’s buildings are also in the works. Finishing those inspections will move the project forward, he said.īoghossian plans to develop live-work spaces and a conference center in the former CMP building adjacent to the Hathaway Creative Center and to develop a hotel and apartments in the former Marden’s building, which is closer to Bridge Street.
buildings that will be inspected by the Maine Historic Preservation Commission to make sure they meet historic standards before Boghossian replaces hundreds of windows in those buildings. Last week, workers installed prototype windows in the former Marden’s Industrial and Central Maine Power Co.
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“We’re thinking about how to help make Main Street a more attractive place to live, work and shop,” she said. “There’s stuff percolating in Waterville that I think will raise the tide for everybody,” Boghossian said.Ĭolby College is in the “exploratory phase” of its downtown plans, according to Colby spokeswoman Ruth Jackson.
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