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FOR IMMEDIATE RELEASE

October 1, 2010

Old Town Completes Construction of Airport Business Park Road
Upgrade of infrastructure creates unique business park opportunities in Old Town

OLD TOWN – The City of Old Town has completed the $992,706 reconstruction of the Airport Road to make it more accessible for the city’s Airport Business Park. Total cost of the project from design to construction was $1,369,892. The project included new construction of sewer, water, natural gas, electricity, telephone, and telecommunications fiber along the road and to the land for the business park.

The Airport Business Park is a specialized development with an environmentally friendly design, which retains most of the natural area. It presents itself as a unique location for technology-based businesses and aviation-related businesses, especially those that develop from the unique niche created by the seaplane base, and other identified cluster businesses.

“Our goal was to construct an environmentally friendly business park, which will retain most of the natural area that will be aesthetically pleasing and as pristine as possible, working to enhance the wetland areas as an asset to development,” said City Manager Peggy Daigle. “We feel that by upgrading this area, in further enhances the unique business opportunities in the City of Old Town.”

The 2010 road and infrastructure construction project provides access to all infrastructure up to the Airport Business Park and the planned development of areas appropriate for construction with the sites ready for construction-on-demand. This park has potential of up to 9 building sites with parking, walking and driveway areas; design of lighting for the parking, driveway and walking areas; and design of sewer, water, natural gas, electrical, storm water drainage, telecommunications fiber including cable and telephone locations throughout the park site.

This land is designated as a Pine Tree Zone and it has easy access to air transportation as well as Interstate 95 via Gilman Falls Avenue. City official say that the fiber optic infrastructure will enable high-tech firms to have confidence that their demands for technology services will be delivered; and the availability of natural gas to the park will provide development with green energy options.

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