Patrons Oxford Insurance held an open house in its new headquarters at the Portland Technology Park on Thursday, September 7th. The company moved into the 2-story, 19,000 square foot office building this summer just as soon as it was complete. This is the City-owned Technology Park’s first building.
Mark Pettingill, the President and CEO of Patrons Oxford, is delighted to be operating out of the company’s new headquarters in Portland. “This project is a commitment to our employees, policyholders, business partners, environment and community and has exceeded all of our expectations. To be part of the vibrant growing City of Portland are exciting times for Patrons Oxford. In only three short months since our relocation, we have seen our employee morale increase significantly as well as an increase in a very talented pool of professionals applying for our open positions. This will anchor our commitment to the insurance industry and the state of Maine for years to come. We look forward to the future of being a responsible growing organization in an exciting time in Patrons Oxfords history dating back to 1877.
“The City is honored to have Patrons Oxford join the ranks of Portland companies,” said Mayor Ethan Strimling. “Having the first building constructed and in full operation at the Portland Technology Park is an exciting occasion. This healthy and growing company has brought close to 50 jobs to Portland and is anticipating additional hires over the next 1-2 years. “
Designed by Scott Simons Architects, this modern two-story, 19,000 square foot flexible office building has plenty of light and meeting spaces of all sizes. The structure is sited to take advantage of the natural characteristics of the property as well as solar orientation. A high performance building, it is designed to exceed existing energy codes by 30% and has a photovoltaic array on the roof to provide 35%-40% of the electricity needed to power the building’s electrical and mechanical systems. The up-front costs for the improved thermal envelope and photovoltaic array will be offset by significant energy savings that will pay back the initial investment in less than 10 years. The roof is predominantly flat, with a clerestory to provide daylight to the interior of the building, as well as a south-facing roof for the photovoltaic panels. The roof is a lightly colored membrane roof, to reflect sunlight.
Three other sites at the Technology Park remain available for development, with three more opening up in the future, all ranging in size from 10,000 to 35,000 square feet. When fully developed, the Portland Technology Park will accommodate seven buildings, all of which will be designed to complement this environmentally friendly business campus. The opportunity for employees to take a run or bicycle ride at lunch are among the many benefits of the Park, which is set amidst natural woodlands and adjacent to almost 200 acres of forested lands and trails.
Justin Lamontagne at NAI The Dunham Group is the real estate broker for the development. Information about available sites at the Portland Technology Park can be found here . Justin can be reached at Justin@dunham-group.com or 207-272-3013.