The objective of this RFP is to solicit developers with extensive expertise in the adaptive reuse of mill buildings and historic restoration. The property is zoned Industrial Reuse which allows for a mix of uses. The first floor of a renovated mill should include commercial space to allow the general public an opportunity to experience this portion of Sanford’s history, while upper floors have flexibility for residential, institutional, and/or commercial. This building is within the Downtown Design Review District and should employ elements of historic preservation. All redevelopment plans will need approval by the Sanford Planning Board. This property may be eligible for multiple financing opportunities including Federal and State Historic Tax Credits, New Market Tax Credits, Municipal Tax Increment Financing, Maine Housing, etc. to be determined by the developer at the discretion of each organization.
