Waterstone Adds Retail, Resi to $600M Maine MXU
The developers of Rock Row in Westbrook, ME have made two major additions to the 110-acre, $600-million project: a 5,000-square-foot, freestanding Chick-fil-A family restaurant and a 190-unit, four-story residential complex. The company is in advanced lease negotiations with more than two dozen national retailers/leading brands.
“Rock Row’s outdoor, nature-inspired design and open-air streetscapes are very attractive selling points to everyone in our post-pandemic world,” said Josh Levy, co-founding principal of Waterstone Properties Group, developers of the project. “Enclosed, interior malls and contained office parks are at a disadvantage to our open-air concept and have a very tough road ahead.”
Levy said there are no delays in the Rock Row project due to the coronavirus pandemic. The opening of Phase One of Rock Row—marked with the opening of a Market Basket supermarket—is on schedule and expected to occur within the next 60 to 90 days.
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