TD Bank will expand to a 60,000 s/f retail space, formerly Steve & Barry's, at the Auburn Mall.
TD Bank, which already employs 1,100 in Lewiston-Auburn, will expand its footprint by opening a 500-person call center at the Auburn Mall. The retrofit project will convert the space into a LEED certified telecommunications center. When the work is completed in 2010, the bank will relocate 200 of its customer service operators from its Bates Mill facility in Lewiston.
The Auburn Mall and the city of Auburn expect the new facility to employ 250 people when it opens and grow to a total employment level of approximately 500 people by 2011. The project represents a $16 million investment by the bank.
"This investment by TD Bank is a solid economic development victory for Auburn, and Maine overall, as the project was considered for other states in a very competitive environment," said Tony McDonald, CCIM/SIOR, partner, CBRE | The Boulos Co.
McDonald represented TD Bank and Craig Young, CCIM, partner, CBRE | The Boulos Co. represented mall owner George Schott in bringing this transaction to fruition.