Kennebec Journal: Dirigo Capital Advisors project "outpacing expectations"

Kennebec Journal: Dirigo Capital Advisors project "outpacing expectations"

The Kennebec Journal reports that our development of the former MaineGeneral building on East Chestnut—now named Ballard Center—is "outpacing expectations."

From the article:

Half of the space in the former MaineGeneral hospital building on the east side of the Kennebec River has been leased.

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Dirigo issues update on MaineGeneral redevelopment

Dirigo issues update on MaineGeneral redevelopment

Dirigo Capital Advisors has published a “Report to the Community,” a YouTube video in which the company’s president announces that the former MaineGeneral hospital complex on the city’s east side is already more than 50% leased.

The former MaineGeneral hospital complex sits on 20 acres of land in Augusta’s East Chestnut Street neighborhood, and its 250,000 square feet present a formidable redevelopment challenge. Kevin Mattson, president of Dirigo Capital Advisors, said it is his company’s responsibility to keep the community informed about progress at what many once feared would be a white elephant in Augusta’s downtown district.

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