The property had fallen into significant disrepair. The renovation cost was over $3 million, including $500,000 invested in safety and infrastructure improvements in coordination with the city.
The land features 2.8 miles of picturesque stone walls, the remains of 18th and 19th century home foundations, remnants of wharves, clay pits and kilns connected with the family’s 19th- century brick-making business. The site became a national monument in December 2024.
The purchase and sale agreement with a strategic buyer was submitted to the U.S. Bankruptcy Court for the District of Maine in a June 1 filing, along with a backup sale to a commercial real estate firm for $12.6 million.
A 1,000-passenger cap was reasonable for July and August as it relates to congestion and municipal quality of life, but “parsimonious” for the shoulder season, a judge wrote.
The 12,000-square-foot facility will serve as both an educational resource for visitors and central offices for staff and volunteers who manage the 11 refuge properties spread across York and Cumberland counties.
Jim Brady's Fathom Cos. is transforming a historic bank building constructed in 1910 into a 101-room hotel expected to open in 2027. Mainebiz got the behind-the-scenes tour of the work in progress.