Ready for Building Construction: Phase 1 of the Portland Technology Park is complete (975 feet of road with utilities), opening up three sites for building construction. Site 1 is the largest and will accommodate a 2-story 40,000 square foot building. Sites two and three will each accommodate a one-story 10,000 square foot building. Companies/developers interested in learning more about the Park are encouraged to contact the City of Portland’s Economic Development Department (contact information below).
Development Plan: The Portland Technology Park is being developed as a campus for new and expanding technology companies. Its location is on Rand Road, adjacent to Maine Turnpike Exit 47. This unique condominium business park is being developed through a public-private partnership on what is presently City-owned land. The City has fully permitted the development and completed construction of the first phase of a 1,500 foot road into the site, with utilities. At full build-out the Park will accommodate 86,000 to 120,000 square feet of space in seven buildings, ranging from 10,000 to 40,000 square feet. Each company that purchases a unit area in this business park condominium will be responsible for constructing its building, driveway and parking area.
Environmentally Friendly Campus: With limited remaining developable property in Portland, the City is looking to achieve the best utilization of land in a cost-effective, environmentally sensitive manner. Toward this end, low impact development techniques have been incorporated into the design, such as reduced impervious surfaces and use of gravel wetlands for storm water management, thereby minimizing the impact to the natural hydrology of the site. The Design Guidelines developed for the Park direct that the solar orientation of buildings be maximized and their performance levels be consistent with the City’s Green Building Code. Natural woodland features have been preserved throughout the site. The Guidelines encourage the use of native plant and tree species, while discouraging the use of maintained lawn areas. The Portland Technology Park will connect to trail systems throughout 200 acres of adjacent, conserved land, providing a unique resource for employees at the Park as well as for the public.
Life Sciences Sector: As its name implies, the Portland Technology Park is being developed for high technology firms. In keeping with the City’s Economic Development Plan, the Park is being marketed to companies in the innovative, high growth, high value life sciences sector. This global, knowledge-based industry supports well-paying jobs, tends to create spin-off companies, and is strengthened by clustering in order to more effectively network ideas, enhance innovation, and share resources. The intent is to grow this emerging industry cluster into a strong and sustainable economic force in Maine. Industry leaders in the Portland area include IDEXX Laboratories, Envirologix, Maine Medical Center Research Institute, Maine Standards, Foundation for Blood Research, Bio-Rad Laboratories, Maine Biotechnology Services, ImmuCell and others.
Building Sizes: At full build-out, the Park will accommodate seven buildings: Four buildings at 10,000 sf each, two 2-story buildings at 20,000 sf each, and one 2-story building at 40,000 sf.
Required minimum parking is 2.5 spaces per 1,000 sf of building area; maximum allowed is 4 parking spaces per 1,000 sf. An increase in building footprint may be possible with minimum number of parking spaces.
Cost of Condominium Unit Areas (rather than parcels): Ranging from $250,000 to $400,000.
Zoning: Office Park (OP) – Permitted uses include offices and research & development. Conditional uses include manufacturing for biotechnology, pharmaceutical and nanotechnology firms.
Contact: For more information, contact Nelle Hanig, Business Programs Manager, City of Portland, 207-756-8019, email@example.com.