ONE MARGINAL WAY PORTLAND
a Class A project from the ground up Contact Joe Porta for leasing opportunities 207.747.1515 joe@portacompany.com
NORTHLAND ENTERPRISES |17 South St, 3rd Fl | Portland, ME 04101 | 207.780.0223 | northlandus.com
ONE MARGINAL WAY PORTLAND
HIGHLIGHTS
FREE PARKING onsite four story garage
HIGH traffic count
110'-0" 11 FLOORS @ 10'-0"
EASY access to I-295 Exits 6 & 7
T P E C N CO WING A R D
125'-0"
FANTASTIC visibility
PROFESSIONAL property management
15'-0"
48
APARTMENTS cIty scape views
EAST ELEVATION
Scale: 1/8" = 1'-0"
ONE MARGINAL WAY PORTLAND
PROPERTY INFO
Northland Enterprises is pleased to present One Marginal Way, Bayside’s newest multi-use development project. This Class A office/residential tower includes on-site parking, street level retail, office space, modern apartments and rooftop cafe. In addition to the free parking, One Marginal also includes easy access to downtown and I-295, onsite retailers and restaurants and direct access to Portland’s walking/biking trails. All this and Northland’s attention to detail to offer a professional and well-maintained property will keep this property relevant for years to come.
Landlord Address Building Size Lot Size Date Acquired
Northland Enterprises dba Vandelay Industries LLC One Marginal Way 130,000 SF to be built 0.3972 AC 4.17.15
Construction Roof Exterior Foundation Stories Ceiling Height
Steel beam Flat, rubber membrame Metal clad Slab Twelve stories 10’ - 15’
Sprinkler Electricity HVAC Water/Sewer Signage
Yes 200v, 3 phase Central Public Commercial space signs on building
Onsite Parking Egress Road Frontage Traffic Count
238 parking garage under building Entrance on Marginal and Kennebec Streets 450+/- on Marginal, Forest and Kennebec Marginal Way: 12,670 AADT Forest Avenue intersection: 30,720 AADT B-7 Urban Commercial Business
Zoning
ONE MARGINAL WAY PORTLAND
BAYSIDE OVERVIEW
OCEAN GATE
EAST END FRANKLIN ARTERIAL
OLD PORT CBD DISTRICT
AT&T
PREBLE ST PROJECT
EC
EB
NN
KE
HANOVER ST PROJECTS
ST KENNEBEC ST PROJECT
AL
IN
G
AR
M AY
W
PORTLAND’S NEWEST BAYSIDE DEVELOPMENT
/B
EXIT 6A
IV TO UN E M O OF S
FOREST AVE
DEERING OAKS PARK RTE 77 TO STATE ST
ONE MARGINAL WAY PORTLAND
NEIGHBORHOOD DEVELOPMENT
The Bayside area is home to several projects from the conceptual stage to construction as part of the redeveloping of a previously underutilized 110 ac industrial tract into a welcoming mixed-use urban district.
20 Marginal Way
63 Marginal Way
8,779 SF Class A Bangor Savings Bank and business offices
28,000 SF Class A professional offices and first floor retail
Somerset St Midtown Project
PLANNED DEVELOPMENT - 46,669 SF 445-apt building 840 vehicle garage
Century Plaza
13,240 SF Class A retail
117 Preble St
38,000 SF 55 apartments and Maine College of Art
65 Hanover St
Phase 1 - Office and shared maker space Phase 2 - Apartments
178 Kennebec St
46,669 SF 46-apt building for 55+ First floor commercial
82 Hanover St 56 Parris St
14,132 SF 23 condo units 23 car & bike parking
40,406 SF Retail/office renovation and construction
ONE MARGINAL WAY PORTLAND SITE PLAN
ONE MARGINAL WAY PORTLAND
11'-0"
STACKING PLAN
11'-0"
11'-0"
ROOFTOP CAFE 2500 SF
12'-0"
11'-0"
11'-0"
APARTMENTS 48 UNITS
63
10'-4"
RETAIL 8200 SF
63
24
15'-0"
PARKING - TOTAL 239
10'-4"
63
10'-4"
26
10'-4"
12'-0"
OFFICES 40,000 SF
ONE MARGINAL WAY PORTLAND
DEMOGRAPHICS
HIGHLIGHTS* • Portland is the largest city in Maine, with a 2015 population of 66,882, nearly double that of Lewiston, the state’s second largest City. • Portland’s current population is roughly 11,000 residents shy of the City’s record high of 77,634 residents in 1950. • As the region’s major employment center, Portland’s daytime population is estimated to exceed 96,000 people.
• The Portland–South Portland–Biddeford, Maine metropolitan statistical area population is 514,098. • Millennials (20-29) at 30% of the population and Gen Xers (30-39) comprise the largest share of Portland’s population, while Baby Boomers (50-69) are the fastest growing age group. • Portland’s population is diversifying. Since 2000, the number of foreign born residents has nearly doubled (from 4,895 in 2000 to a current estimate of 8,767). An estimated 11% of Portland residents are now foreign born. • Portland’s population is increasingly well educated. When compared to Cumberland County and the State, a higher proportion of Portland’s residents have obtained advanced degrees - 46.9% of Portland residents over 25 years have bachelor or graduate degrees.
HOUSEHOLD INCOME
*Source: www.portlandmaine.gov
NORTHLAND ENTERPRISES WHO WE ARE
Founded in 2001, Northland is a Mainebased company that focuses on commercial real estate. “We are an innovative development company, passionate about the idea that highest and best use development is good for communities, tenants and investors. Take a look at our approach, our work and our properties – and let us know how we can work together.”
~ Rex and Josh (pictured at right) Partners
Since 2009, Northland has acquired and redeveloped over $80 Million of commercial and residential properties. With a unique combination of hands-on industry experience, exceptional analytical tools and access to capital, Northland has a successful track record including twenty properties under ownership. Our in-house team of highly skilled and motivated individuals with strong asset management and development experience ensures a high level of financial and facility oversight.
Through hands-on management, Northland is able to reduce operating costs and increase our tenants’ satisfaction level. We are proud of our solid reputation for preserving and operating high-quality commercial properties. Northland is committed to being an outstanding place to work, a committed partner to our tenants and a company that gives back to our community.
Visit our website for additional info about all of our professional buildings. www.northlandus.com
Northland’s signature projects include the historic Baxter Library redevelopment in Portland, Maine and the successful, nationally recognized redevelopment of the 66,500 square foot Sanford Mill. Sanford Mill
FORE
ST
KENNEBEC 1 MARGINAL WAY
NEARBY RETAILERS & BUSINESSES
MAR
GIN
AL
AT&T
FROM I-295 Take Exit 6A onto Forest Avenue, turn left onto Marginal Way. One Marginal Way will be on your right.
NORTHLAND ENTERPRISES |17 South St, 3rd Fl | Portland, ME 04101 | 207.780.0223 | northlandus.com