Northland Enterprises presents Century Plaza, a thoughtfully designed Marginal Way retail destination. This signature retail plaza is in the center of the exciting new developments taking place in the Bayside neighborhood of Portland, Maine.
Joe Porta, Joe@PortaCompany.com, 207-747-1515
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Our development has a healthy mix of national credit tenants, along with a nice selection of locally-owned businesses. Century Plaza’s most attractive feature may be its ease of access and free parking, a good combination that always draws traffic to a retailer’s door. Factor in Northland’s attention to detail, which provides tenants with a professional and well-maintained property, and you can be sure that this location will be relevant for many years to come.
Why is Portland attractive to retailers?
Portland is the largest city in Maine, with a 2015 population of 66,882, nearly double that of Lewiston, the state’s second largest City.
Portland’s current population is roughly 11,000 residents shy of the City’s record high of 77,634 residents in 1950.
As the region’s major employment center, Portland’s daytime population is estimated to exceed 96,000 people.
The Portland–South Portland–Biddeford, Maine metropolitan statistical area population is 514,098.
Millennials (20-29) at 30% of the population and Gen Xers (30-39) comprise the largest share of Portland’s population, while Baby Boomers (50-69) are the fastest growing age group.
Portland’s population is diversifying. Since 2000, the number of foreign born residents has nearly doubled (from 4,895 in 2000 to a current estimate of 8,767). An estimated 11% of Portland residents are now foreign born.
Portland’s population is increasingly well educated. When compared to Cumberland County and the State, a higher proportion of Portland’s residents have obtained advanced degrees - 46.9% of Portland residents over 25 years have bachelor or graduate degrees. RETAIL TRAFFIC
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