Building a Stronger Future March, 2011 The Downeaster has been a catalyst for investment since service began in December 2001. Hundreds of millions of dollars in projects are completed or underway along the Downeaster corridor. The Downeaster is helping transform Old Orchard Beach from a seasonal resort to a year round community. A $22 million residential and retail complex, 808 new housing units, and a Chamber of Commerce building have been constructed within two blocks of the Downeaster train platform. The Biddeford-Saco downtown area is being renovated, with $300 million in development projects underway within walking distance of the Downeaster train station. The old mill properties are being transformed into retail, office, and residential space. Island Point is now home to a restaurant and brew pub, cafe, salon, and other commercial office space. A $2.2 million “green” transportation center was built that is home to the Biddeford Saco Chamber of Commerce. “There is no question that the Saco Island project would not be on the drawing board had it not been for the train station, and the potential expansion of passenger rail service in Maine. Our proposal is an economic development project for the entire Biddeford-Saco downtown area. Without the train, the project makes no sense.” – Saco Island, LLC. Project Managers It is projected that by 2030* a total of $7.2 billion in new development will occur along the Downeaster corridor, creating 10,000 new jobs, and generating $75 million in annual tax revenues. New Hampshire communities along the Downeaster corridor experience significant growth, investment and development. *Based on 2008 study by the Center for Neighborhood Technology. » The Children’s Museum relocated from Portsmouth, New Hampshire, to Dover, to be within walking distance of the train station. » In Durham, the University of New Hampshire spent over $900 thousand to renovate the Dairy Bar/ Historic Train Station adjacent to the Downeaster platform to better serve students and passengers. » The town of Exeter plans to invest in a train station to accommodate growing ridership. Northern New England Passenger Rail Authority 75 W. Commercial Street, Suite 104 » Portland, Maine 04101 » 207-780-1000 » AmtrakDowneaster.com Next Stop — Freeport and Brunswick A $44 million capital project is currently underway to expand the Downeaster Service to Freeport and Brunswick. This project is improving transportation; creating hundreds of jobs and stimulating economic growth. In anticipation of Downeaster service to Brunswick, private developers are investing more than $30 million in the Maine Street Station Complex which includes a train station, restaurants, retail shops, office space, medical center, plus a 52 room inn. This project is supporting the development of Brunswick Landing (formerly the Brunswick Naval Air Station) which is just one mile away. In Freeport, a passenger platform will be constructed steps away from hundreds of retail shops and restaurants including L.L. Bean and the new Freeport Village Station. As a result of the certainty of the Downeaster extension to Freeport, plans have moved forward to allow a private developer to build a new $2.5 million movie theatre adjacent to the proposed Station site. “These investments are already paying economic dividends in places like Brunswick, Maine, where construction workers are laying track that will provide the first rail service since the 1940s from Brunswick to Portland to Boston. Private dollars are also gravitating toward Brunswick’s station neighborhood, as investors have financed a number of businesses and residential condos, a new movie theatre, a new 60 room hotel, and a 21st century health clinic.” – Vice President Joseph Biden February 8, 2011 “L.L. Bean is very excited that the Downeaster is coming to Freeport. The train will serve the local residents as well as visitors. Freeport is a destination for shopping, outdoor activities, and as a gateway to all Maine has to offer. The train will truly enhance the visitor experience, as well as Freeport as a community.” – Carolyn Beem, L.L. Bean Manager of Public Affairs Northern New England Passenger Rail Authority 75 W. Commercial Street, Suite 104 » Portland, Maine 04101 » 207-780-1000 » AmtrakDowneaster.com
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