L-A LEADS STATE IN DEVELOPMENT ACTIVITY
(LEWISTON) — As a community, Lewiston-Auburn led the state in economic development expansions and investments in 2006, according to the Maine Department of Economic and Community Development.
In a semi-annual listing compiled by the Office of Business Development in April, Lewiston-Auburn finished 2006 with more than $121 million of activity. Biddeford came in second at $97.2 million.
It marked the second time in five years that L-A led the state in development activity during a construction and development boom that sees little sign of letting up.
Among the major development projects in the Twin Cities over the past year include the completion of Phase 2 of Wal Mart’s Food Distribution Center estimated at $40 million, a $24 million campus expansion at Bates College, a $7 million investment in back-office operations by TD Banknorth at the Bates Mill Complex, and a spate of restaurants and retail projects, like the $6.7 million Kohl’s store.
