AUGUST 22, 2022 | Portland, ME – A new era for international trade is about to dawn for Maine’s agricultural, food, and beverage industries, opening new markets for producers from Aroostook to York counties.
With the signing of a 50-year ground lease between the Maine Port Authority and the Maine International Cold Storage Facility (MICSF), the path has been cleared to break ground on the 107,000-sqare-foot facility at the Portland International Marine Terminal.
This long-awaited resource is being developed by Amber Infrastructure Group (Amber) in partnership with Treadwell Franklin Infrastructure (TFIC), in close collaboration with the Maine Department of Transportation (MaineDOT)..
Substantial construction activities are expected to begin in October, and operations are scheduled to begin in November 2023.
Today’s event drew praise from Governor Janet Mills, who has long championed the enhanced trade opportunities that will be possible with the MICSF.
“The working waterfront is a staple of Portland and an important facet of our economy, supporting commercial fishermen and facilitating international trade that has put Maine on the map,” said Governor Janet Mills. “With this new and much-needed state-of-the-art cold storage facility, we are expanding Maine’s competitive edge on the international stage by ensuring that businesses are able to keep food production, storage, and distribution local – rather than out of state – and saving them money on transportation costs. This is a win for our fishermen, our local businesses, and our economy – and I am glad to get it done in a climate-friendly way.”
Tom O’Shaughnessy, a principal at Amber, concurred, adding, “The continued growth of the Port of Portland, easing the reliance upon other heavily congested ports, relies on having state-of-the art infrastructure. COVID-19 has highlighted the need for cold storage infrastructure in supporting the food supply chain. It’s important to be local and responsive to prevailing circumstances. Maine producers and manufacturers have had to rely on out-of-state providers to ship food products originating in Maine to cold storage facilities in Massachusetts and Canada, which is costly, bad for the environment, and drives economics away from Maine. Amber is thrilled to be a partner in developing this critical infrastructure for Maine.”
Andrew Nelson, one of the principals at TFIC, lauded this critical waterfront asset, saying, “While COVID, disruptions in the supply chain, and increased costs of construction have delayed this project, we at TFIC and Amber never wavered in our commitment to, at long last, bring cold storage capacity to Maine to support the continued growth of key food (lobster, blueberries, frozen fish products, craft beer) sectors.”
Bruce A. Van Note, Commissioner of the Department of Transportation and Chair of the Maine Port Authority, added, “The continued growth on Portland’s waterfront demonstrates the benefits of public agencies working in partnership with the private sector to deliver critical infrastructure projects for Maine. This state-of-the-art cold storage facility will strengthen the bonds our state has formed with overseas trading partners in recent years. Maine’s economy has grown around our maritime resources, and continued development of our ports will help create new economic opportunities for our citizens.”
Matthew Burns, Executive Director of the Maine Port Authority, expressed excitement regarding the imminent realization of the project. “The state has invested wisely in the Port of Portland, growing it into an economic engine for the entire state. The addition of the MICSF to this complex takes the Port and the state to a much higher level in the realm of international trade.”
The projected construction cost is approximately $55 million. MaineDOT has dedicated $8 million for the early site portion of the project to facilitate this development.
Economic and Environmental Benefits of the MICSF:
The Project will directly contribute to economic growth in Maine:
That same report concluded that cold storage and food-related GDP are correlated and long-term growth within the food industry will not be realized without the necessary cold storage.
The project will deliver long-term environmental benefits.
MICSF by the Numbers:
Graphics are available for download here.
For more information:
Contact Felicia Knight Felicia@KnightCanney.com