Waterville seeks developers for riverfront property

Waterville seeks developers for riverfront property

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

The development will be a piece of the Riverfront Gateway Project, a highspot for Waterville’s rejuvenation efforts, as indicated by information the city provided Thursday.

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

The area is near the downtown area, so the project is intended to go about as a gateway to help adjoining downtown developments and other parts of the Waterville community.

The whole Head of Falls area comprises of in excess of 20 primarily undeveloped acres with approximately 4,600 feet of frontage along the Kennebec River.

The 1.5-section of land Riverfront Gateway Project site is located in the southern part 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 rock amphitheater, children’s play zones 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.

Reactions to the request for qualifications are expected by 5 p.m. Feb. 28.