Maine Public is set to move their offices to the building formerly known as the Portland Public Market.
Maine Public Broadcasting Corporation acquired the 53,655 sq ft building located at 320 Cumberland Ave, for $20 million. Their current offices are located on Marginal Way, and plan to transition into the new space in the fall of 2025.
They have had plans of moving for several years now, after they purchased a waterfront lot at 35 Commercial St in 2021. After rising construction costs, they opted for a spot in an existing building. They had already considered the Public Market as a potential office, but the owners were not interested in selling at the time.
That was until Emburse, a major tenant of the space, left. This gave Maine Public a new opportunity. As they take over the building they will become the landlord for both Slab and Global Payments Inc.
Now that they have acquired the space, they plan on executing a $15 million makeover with new additions such as production facilities, broadcast studios, and more. They also have plans to host events at the new location in September.
The Public Market was originally built in 1997, by the Libra Foundation. After serving as a space for food and community activities, it closed in 2006. Check out what the Public market used to look like here!