BANGOR, Maine — The Bangor Daily News is moving back downtown after 60 years in its current location near the city’s arena.
Todd Benoit, the BDN’s vice president and chief operating officer, announced Wednesday that the 125-year-old news organization will move to 1 Merchants Plaza, the seven-story white building at the intersection of Broad Street and Merchants Plaza, near the city’s parking garage.
“It will be difficult to leave 491 Main after so many years, but we are excited about moving into the heart of the Bangor downtown,” Benoit said. “Merchants Plaza is a great fit for us, and we want to be part of what has been admirable growth by the city downtown.”
The media company’s roughly 100 Bangor-based employees will move from 491 Main St., the paper’s headquarters since 1954, in late February or early March, according to Benoit. The BDN has 190 employees including those at bureaus in towns and cities across the state from Fort Kent to Portland.
When the newspaper moved its presses and employees to 491 Main St. in the 1950s, it left the downtown offices it occupied beginning in 1889 at 86-92 Exchange St.
The Bangor Daily News recently entered an agreement to purchase Bangor Metro magazine, which also will be located at 1 Merchants Plaza.
Cross Insurance purchased the Main Street building from Bangor Publishing Co. in May and since has been renovating it to serve as the company’s headquarters. Employees of both companies have been sharing the 63,000-square-foot building while the BDN searched for its new offices. The BDN’s two floors at 1 Merchants Plaza have about 12,000 square feet of floor space. Current occupants of the building include Woodard and Curran, an engineering consultant firm, and UBS Financial Services.
Details of the lease agreement aren’t being disclosed.
“The city is very excited that the Bangor Daily News, in choosing to relocate their office space from their former headquarters, has chosen the heart of Downtown Bangor,” Tanya Emery, Bangor’s director of Community and Economic Development, stated in an email. “It’s a perfect fit between the vibrancy of Downtown and the vibrancy of the staff and mission of the BDN.”
One Merchants Plaza opened in late 1973, the first major office building to be built in Bangor’s downtown since 1929, according to BDN archives. Its first occupant was Merchants National Bank of Bangor.
Epstein Commercial Real Estate of Bangor, managed by commercial broker Carol Epstein, represented the Bangor Daily News on the sale of its Main Street building, as well as in its search for a new home.
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