The Downs
175 Scarborough Downs Rd, Scarborough, ME 04074
577 acres SF
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Major Tenants
- 320,000 SF Retail/Restaurant
- 240 Residential Units
- InterMed (breaking ground Fall 2024)
- Allagash Brewing Company - state-of-the-art tasting room (breaking ground 2025)
- 120 Key Boutique Hotel
Property Facts
Scarborough’s Town Center will add 320,000 square feet of retail space, 60,000 square feet of medical office space, 240 residential units and a boutique hotel. The Town Center also includes a main anchor building reminiscent of the iconic Scarborough Downs Grandstand in design, and it will house restaurants and breweries with outdoor and rooftop dining spaces that overlook a central greenspace. Additional mixed-use buildings will be situated around the green offering first-floor restaurant and retail, with upscale, amenitized housing on the second and third floors.
Health care provider, InterMed, is finalizing permitting and will be breaking ground in the fall of 2024. Allagash will break ground in 2025 with a state-of-the-art tasting room. Overlooking the Town Center will be 96 luxury condominium units and 60 market rate apartments, and Maine’s first-ever affordable housing building for people with physical disabilities, 3iHomes.
Scarborough’s Town Center broke ground in late 2023 making Maine history as the first new-build downtown within an established community. As the most desired part of the 577-acre development, the Town Center will link the mixed-use residential portion of The Downs which is a mix of 540 housing units of various types, including condominiums, apartments, senior and affordable, and some single-family homes.
Demographics
5 Mile Radius | 30 Min Drive | ||
Population | 55,434 | 350,844 | |
Households | 23,202 | 149,291 | |
Median HH Income | $92,199 | $90,371 | |
Median House Value | $516,177 | $535,951 | |
Average Age | 43 | 43 | |
Bachelors Degree or Higher | 48% | 47% | |
Workplace Population | 44,019 | 159,565 |
2024 Placer.Ai ~ 2023 STI Popstats
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Kerry Dowling
617.896.4945