BOSTON–Charterhouse Development Corporation, a commercial real estate development and investment company based in the Boston, has retained the architectural firm Phase Zero Design to create and implement the re-imagining of Union Station Plaza in Portland, Maine.
Union Station Plaza is a 110,000+ square-foot, multi-tenant neighborhood shopping center located at the corner of Congress and St. John streets in the heart of the Valley Neighborhood and Maine Medical Center district in Portland, Maine. The capital improvements will include reimagined façades, storefronts, tenant signs, pylon sign and parking lot re-grading.
“We are thrilled to reintroduce Union Station Plaza to the Portland market and look forward to working with this esteemed design firm,” said Meredith Roy, President of Charterhouse Development Corp. “Through our extensive capital improvement program, we are confident Union Station Plaza will be aesthetically redeveloped and further prominently positioned as a convenient, popular shopping destination for the surrounding neighborhoods.”
“The design concepts for the new facades and parking lot of Union Station Plaza will create an appealing entry to the neighborhood by providing a more architecturally modern passage for both tenants and visitors alike,” said Shawn Bland, Associate Principal at Phase Zero Design. “We believe the quality of the shopping environment for all present and future tenants will be greatly enhanced in the reimagined Union Station Plaza.”
“This redevelopment project fits nicely with our strategy of creating value by repositioning older, well-located shopping centers to better serve the surrounding community and thereby provide a ‘sense of place’ where the community will want to spend their time” said Brandt Sharrock, Vice President at Charterhouse Development Corp.
Ideally situated in a prime Portland neighborhood location, Union Station Plaza is in immediate proximity to Maine Medical Center and Interstate 295. The shopping center is located within short walking distance from Maine Medical Center and local bus transit stops. Its central location is among the area’s greatest concentration of retail with particular focus on neighborhood service tenants.
Charterhouse Development is a real estate acquisition and development firm and focuses on free-standing retail development projects for national credit tenants as well as the acquisition, redevelopment and/or repositioning of neighborhood shopping centers in the Northeast, Mid- Atlantic, and Southwest Florida.
Phase Zero Design is an innovative design firm offering architectural, planning, and interior design services to a diverse base of local and national clients. The firm’s expertise includes retail, hospitality, residential and corporate practice areas. Phase Zero Design has offices in Boston, Hartford, CT and soon to be Raleigh, NC markets.
