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WESTBROOK, ME-Stroudwater Place, a proposed mixed-use business, retail and recreational development, is moving forward–thanks, in part, from a 6 to 1 vote by the Westbrook city council to approve a contract zone allowing the developers to add retail space. The developers–Jason Snyder and Arthur Emil–are planning the development to go up on 60-acres of open land in southern Maine. The development is estimated at 1.6 million square feet at a price of roughly $300 million–to be built in three phases–according to preliminary numbers from the developer. The council made its decision after nine months of inquiry and evaluation.

Snyder says, in a release, that this project will create “thousands of construction jobs and hundreds of permanent jobs. It will add greatly to the city’s tax base and provide a destination center for visitors and local residents alike.” Planned to be placed just off the Maine Turnpike–at exit 47–the development will be situated closely to Portland, ME.

The developers are looking on the positive side of the downturn, assuring that the current economy will not slow down the development. “Stroudwater Place will be developed in stages over the next eight to 10 years,” says Emil, in a release. “By the time we have secured the necessary permits for construction, as well as the financing and the tenants, we expect the economy to have rebounded.”

The development is planned to include retail and business space, in addition to year-round recreational amenities, such as concert/event space, promenades, parks and a farmer’s market. “We intend Stroudwater Place to attract a variety of mid to high-end tenants that will appeal to a broad range of consumers,” says Snyder, in a statement.

Snyder points to working with the Maine Department of Transportation and the Department of Environmental Protection to secure the necessary permits as the next step toward breaking ground on this project.

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