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April 23 2025
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Vol. LXIII • No. 9
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CPM Contractors Leads $27M Bridge Replacement Project in Yarmouth By Ken Liebeskind CEG CORRESPONDENT
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The Maine Department of Transportation is in the process of replacing two interstate bridges that carry the northbound and southbound lanes of I-295 over Route 1 near Exit 17 in Yarmouth. The project also includes the extension of the Beth Condon Memorial Pathway to the Yarmouth Visitor Center. CPM Constructors, based in Freeport, Maine, is the general contractor of the project, while Shaw Brothers Construction of Gorham, Maine, serves as the subcontractor. Work began in the fall of 2021 on this multi-year project, which is expected to be completed by the end of 2025. The contract is valued at $27,566,210, and the project has received federal funding through the U.S. Department of Transportation’s Competitive Highway Bridge Program. Significant progress has been made. According to Anthony Salafia, CPM Constructors project manager, both new bridges are now open to traffic, and the old bridges have been demolished. A shared-use path sidewalk is currently under construction and is expected to be completed later this year. see BRIDGES page 12
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The Maine Department of Transportation is in the process of replacing two interstate bridges.
Historic Mill Site in Springfield, Vt., Will Be Renovated to Include Retail, Living Space Eastern Union, one of the U.S.’s largest commercial mortgage brokerages, has arranged $9.4 million in constructionto-permanent refinancing for the first stage of a multi-phase renovation project at 100 River St. in Springfield, Vt., according to PR Newswire on April 7, 2025. The first portion of the initiative will create a 43,000-sq.ft. self-storage facility and 55,000 sq. ft. of retail space in the town, located along the Black River about 95 mi. northeast of Albany, N.Y., and 130 mi. northwest of Boston, Mass.
The renovation — undertaken by Integrity Community Partners LLC (ICP), of San Diego, Calif., with offices in New Jersey, Pennsylvania and Washington, D.C. — represents the first of a three-phase project that will ultimately deliver a six-floor, 100-unit, age-targeted multifamily property and an adjacent, six-story, 162-unit senior living facility at 5 Pearl St. in downtown Springfield. see SPRINGFIELD page 14