Pine State Services will join the Innovation District at the Downs, while Pepperell Mill receives $31 million in financing to convert apartments to condos.
MaineHousing awarded a low-income housing tax credit allocation and a $5.4 million subsidy for the project. The building will have wired technologies for adaptable environmental controls and smart home functionality.
To help draw national retailers, restaurants and local businesses to the site, the Downs development team has hired Wilder, a Boston-based company with more than 40 properties in 10 states.