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Savings Bank of Maine Commits $1 Million to Gardiner Waterfront Project
The Savings Bank of Maine has announced it will provide one million dollars in funding towards Gardiner’s waterfront redevelopment project this year! Because of this major commitment, the City of Gardiner and Savings Bank of Maine have formed an exciting private-public partnership for the project. Overall, the additional funding provides the City the financial ability to enhance key parts of the waterfront project in a collaborative way that is a “win-win” for the community and region.
Using the City’s 2008 Waterfront Master Plan as a blueprint for design, the bank’s funding will be targeted to enhance specific waterfront park areas. These areas include: Depot Way, the riverfront information center, “flood tide terrace”, and new pedestrian gateways from Water Street and Maine Ave..
A professional design team has been established, which represents both the City and the Bank, to coordinate an ambitious 2009 permitting, engineering and construction schedule. The team of Sebago Technics, representing the City, and Gates, Leighton & Associates, Inc., representing SBM, will work together in finalizing the design plans that are consistent with the guidelines from the City’s Waterfront Master Plan. As part of the Master Plan, it is a goal to promote the heritage of Gardiner and its historic relationship with the Kennebec River into key design elements.
Construction will take place during this year’s construction season, with some elements potentially starting as early as May. The bulk of construction, however, is not expected to begin until July.
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