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.

"Dirigo Capital Advisors, the developer of the former hospital building, has commitments for 50 percent of the leasable space of the property, which company president Kevin Mattson said was seen by many as a white elephant that would be difficult to redevelop for new uses.

"Instead, Mattson said progress on the $23 million redevelopment project has been even faster than he’d hoped, roughly twice as fast."


You can read the whole article, which further details the project and explains the new name, here.