- Real Estate Development Services
- Financial Feasibility
Helping the City of Biddeford Plan in a
Dynamic Market Environment
For years, a waste-to-energy facility (MERC) located in the middle of downtown Biddeford made the Mill District and the city as a whole unattractive for development. Finally, in 2012 the City Council purchased the site, removed MERC, and began remediation. City leaders recognized the critical role this property has in transforming Biddeford’s downtown and retained Camoin Associates and MRLD Landscape Architecture + Urbanism to complete a Market Analysis and Redevelopment Feasibility Study.
Following the removal of MERC, absorption of existing mill space picked up dramatically and vacancy rates in downtown Biddeford plummeted. Nothing in the historic data suggested this abrupt change, so our challenge was to help the City understand what was happening in the market and plan in an environment with increasing uncertainty. Our approach was not to set a path toward a single redevelopment objective but to create a framework of the City’s vision that will guide the private sector in adapting emerging market opportunities to the City’s desired development outcomes. We emphasized implementation by working with the city to envision what could be done AND how to do it.