Cabela’s Inc. recently announced it is moving forward with plans to build one of its popular destination retail stores in Scarborough, Maine, within the Gateway at Scarborough development.
The 130,000 square foot Cabela’s store will be the retail anchor for the Gateway at Scarborough, a major mixed-use development that will include 438,000 square feet of retail, commercial and office space. The development is located on the Haigis Parkway at Exit 42 of the Maine Turnpike, and recently received final approval from the Scarborough Planning Board.
Construction on the retail store is scheduled to begin this week and the store is expected to open for business by spring of 2008.
According to developer Gene Beaudoin, the Gateway at Scarborough has already received necessary approvals from the Maine Department of Transportation, the Department of Environmental Protection and the Maine Turnpike Authority.
“The Scarborough Cabela's store is expected to attract several million visitors a year, drawing outdoor enthusiasts and their families from across the Northeast and Canada,” said Beaudoin. “It is estimated that the entire Gateway at Scarborough project will generate more than $100 million in annual retail sales and provide about 800 full and/or part-time job opportunities.”
In addition to Cabela's, the Gateway at Scarborough will include approximately 68,600 square feet of complimentary retail space, three 6,000 square foot restaurant facilities, a 4,000 square foot full-service banking facility, a 200-room hotel and approximately 80,000 square feet of professional office space.
When completed, the entire project will consist of approximately 11 separate buildings, all in a harmonious architectural design and integrated with a network of roads, pedestrian walkways and landscape features including ponds and fountains.
“The Gateway at Scarborough will be the catalyst for drawing new businesses to the area, helping our existing businesses grow, and creating new property tax revenue for our town,” said Harvey Rosenfeld, president of the Scarborough Economic Development Corp., which has worked closely with the developer throughout the site location and permitting process. “This project is what good economic development is all about. It is a win-win for everyone.”
Cabela’s currently operates 19 retail locations and plans to open seven additional new stores in 2007, including Gonzales, La.; Hoffman Estates, Ill.; East Hartford, Conn.; Hammond, Ind.; Reno, Nev.; Post Falls, Idaho; and Lacey, Wash.
Cabela’s Inc., founded in 1961, is headquartered in Sidney, Neb.
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