April 19, 2019
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Waterville seeks developers for riverfront property

Courtesy of the City of Waterville
Courtesy of the City of Waterville
The city of Waterville is seeking developers for a riverfront project.

The city of Waterville is looking for developers who could potentially create a mixed-use project on 1.5 city-owned acres at the Head of Falls on the Kennebec River.

The development will be part of the Riverfront Gateway Project, a centerpiece for Waterville’s rejuvenation efforts, according to information the city provided Thursday.

The city is asking developers to state their qualifications and provide a description of previous development work.

The area is close to the downtown area, so the project is meant to act as a gateway to support adjacent downtown developments and other parts of the Waterville community.

The entire Head of Falls area consists of more than 20 primarily undeveloped acres with approximately 4,600 feet of frontage along the Kennebec River.

The 1.5-acre Riverfront Gateway Project site is located in the southern portion of Head of Falls and has existing public infrastructure.

In the summer of 2018, Waterville completed a $1.5 million RiverWalk at Head of Falls with a quarter-mile walkway, a 150-person granite amphitheater, children’s play areas and a gazebo.

“In order to continue to enhance the city’s economic base and target Waterville as a downtown destination, we’re pursuing this opportunity to anchor the Head of Falls area and continue the vibrant transformation of the downtown, with pedestrian-friendly access, shops, restaurants, offices, housing opportunities and arts activities,” City Manager Mike Roy said.

Responses to the request for qualifications are due by 5 p.m. Feb. 28.

 



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