Aquaculture

KATAHDIN SALMON TO ANCHOR ONE NORTH AQUACULTURE CAMPUS – ACTIVELY RECRUITING ADDITIONAL AQUACULTURE TENANTS

Katahdin Salmon of Portland, Maine, and Our Katahdin/One North have signed a lease for industrial-zoned land within the site. Katahdin Salmon plans to develop a land-based recirculating aquaculture system (RAS) that will produce 10,000 metric tons of Atlantic salmon. The (RAS) facility will supply fresh Atlantic salmon to the northeastern US. The project is expected to create 80, full-time local jobs at full production capacity.  Complementary aquaculture-related businesses are also being recruited to co-locate on the campus.

Aquaculture Assets

  • Large quantities of surface water (at least 20mgd)
    • Direct access to West Branch Penobscot River
    • Class B
  • Ambient Temperature (surface water)(°F/°C)
    • Annual Average: 51.8/11
    • High: 75.4/24.1
    • Low: 36.8/2.7
  • Streamlined permitting. Business-friendly, amendable SLODA (site and land) permitting 100% renewable power
  • Close to major markets on the US eastern seaboard
  • Research collaboration opportunities with the Aquaculture Research Institute at the University of Maine

Site Description

  • Located in Millinocket, Maine
  • Existing Infrastructure
    • Approx. 1400 acres zoned for development
    • Less than 200 acres of brownfield, less than 1,200 acres of greenfield
    • 126 MW of low-cost, renewable hydropower
    • On-site access to NBM Railways
  • 2022 EDA Funded Infrastructure Improvements
    • 34.5 KV power supply to Greenfield tenants
    • Water main, fire hydrants and redundant pumps & power for site fire suppression
    • Sewer installation for connection by tenants
    • Renewable power distribution

Market

  • Population of 52 million people within 500 miles
  • Close to major markets in Boston, Quebec, New York and Philadelphia

 

Transportation

  • Proximate access to interstate
    • 12 miles from 1-95
  • Access to Canadian Pacific Rail (Rail spur)
  • Millinocket Municipal Airport
    • Town owned public use airport
    • Scheduled rebuild of one (4,700/1,433) (possibly two) runways in 2023

Workforce Development Capacity

  • Katahdin Higher Education Center (KHEC) to tailor specific workforce development programs. KHEC is an off-campus site of Eastern Maine Community Center and the University of Maine system
  • Maine Department of Labor: On-the-job Training Funds

Incentives

  • Pine Tree Development Zone (PTZ) – Tier 1 location and eligible industry sector
  • Business Equipment Tax Exemption (BETE)
  • Opportunity Zone (OZ)
  • Municipal Tax Increment Financing (TIF)
  • New Market Tax Credit (NMTC)
  • Employment Tax Increment Financing (ETIF)

Other Benefits

  • 4 seasons of world-class outdoor recreation, including hunting, fishing, biking, hiking, boating, snowmobiling,
  • ATVing, and skiing
  • High fiber optic capacity
  • Safe and secure
  • High quality of life

For more information or to schedule a tour of the site, please contact info@onenorth.net.