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The developers of The Downs say they need 1,000 dwellings in a proposed town center to support the restaurants, shops and other businesses they hope to bring to the area.
Industrial unit construction seems to be trending up now in southern Maine. In Scarborough, the shovel has hit the ground to build 10 industrial condominium and 10 lease units at the Innovation District at The Downs. “We know that there’s a very, very low amount of inventory on the market right now,” Roccy Risbara, a partner in Crossroads Holdings LLC — developer of the 525-acre Downs project — told Mainebiz. “So we were pretty sure we would see some demand for this style of unit.” A similar development, the Mill Brook Business Center at 10 Mill Brook Road in Saco, has sold out ...