Bangor Savings, Goodwill coming to Augusta
A developer has announced plans to bring new tenants to the former Kennebec Journal property in Augusta, including Bangor Savings Bank and Goodwill.
Developer Northland Enterprises LLC has submitted plans to demolish the newspaper's former headquarters on Western Avenue and build four new buildings on the 5.8-acre site, according to the Kennebec Journal. A two-story building would house Bangor Savings Bank, and a 17,000-square-foot building would become a new Goodwill store. A third, 6,000-square-foot building would be restaurant or retail space, while a fourth, 5,000-square-foot building would be for retail. At a press conference today, Bangor Savings officials said the bank will invest $3.8 million to build the 10,000-square-foot branch and business office, as well as hire five new employees.
The property is owned by MaineToday Media, which owns the Kennebec Journal, and the company in July signed a purchase-and-sale agreement with Portland-based Northland. Kennebec Journal employees moved to new offices last March. Joshua Benthien, a partner with Northland -- which redeveloped the Baxter Library property in Portland -- said the company hopes to raze the existing building by the end of the year, and begin construction on Bangor Savings' building next spring. A public hearing on the plan is scheduled for Oct. 11.
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