Augusta taxpayers will get front row seats

Ballard Center will contribute to "a vibrant little section of town..."

Ballard Center will contribute to "a vibrant little section of town..."

As they well deserve. Ballard Center is being redeveloped from a tax-exempt to a tax-paying property, and we figure folks in the neighborhood will be pretty curious. The former MaineGeneral hospital complex sits on 20 acres of land in Augusta's East Chestnut Street neighborhood, and its 317,000 square feet present a formidable redevelopment challenge. Kevin Mattson, president of Dirigo Capital Advisors, said it is his company's responsibility to keep the community informed about progress at what many once feared would be a white elephant in Augusta's downtown district.

In this video published on May 9th, the developer gave the general public a brief behind-the-scenes glimpse of the redevelopment process. Using a variety of communications tools, Ballard Center will continue to keep Kennebec Valley residents informed about progress.

"I know how important this structure is to the history of Augusta and Kennebec Valley," Mattson said. "Nobody wanted to see it razed, and given its sheer immensity, I am pleased that more than half the space is already committed to future business tenants. It's going to be a vibrant little section of town."

Dirigo Capital Advisors (DCA) is a company with expertise in financial modeling, investor recruitment, large project planning, regulatory compliance, construction supervision and property asset management. It currently controls more than $200 million in commercial real estate in Maine. For more information about Dirigo Capital Advisors, visit www.DirigoCapitalAdvisors.com.