Wiscasset Waterfront Project Moving Along

The Portland Press Herald is reporting that a long awaited project along the Sheepscot River in Wiscasset, Maine, is finally showing some signs of progress.

Prock Marine Co. of Rockland, ME, put enough piles into the river to accomodate as many as 25 boat slips. This is the beginning of a marina that is a part of a master plan that includes transforming the Wiscasset waterfront into a lively village. Eventually, the marina will be able to hold as many as 239 slips. The hope is to have the marina open this summer.

National RE/sources of Connecticut has plans to construct 80 single family homes and and five mid-rise buildings that will hold 160 condos on the waterfront. An underground, 200-space parking garage will also be built.

In addition to the marina, the company has plans to develop a small village in the area as well, featuring dining options, retail stores, and art galleries.

Even though National was given ten years to develop the 33-acre site, some setbacks already have some concerned. While it was expected that at least 15 of the single-family homes would have been sold by now, only two have been bought. Additionally, it was expected that at least one of the mid-rises was going to be underway at this point. Another issues is that Hinckley Co. withdrew from operating the marina. However, two companies appear to have interest in operating the public marina.

There is no definite timeline regarding the project, but it is known that it will take seven to ten years for the project to be fully completed.