SOUTH PORTLAND, Maine – Town and Country FCU is proposing to build a 40,399-square-foot office project in nearby Scarborough that would serve as office space for the credit union’s lending, accounting, collecting and marketing offices.

The credit union’s biggest branch and headquarters still would be located in South Portland and the Scarborough branch would remain open, said President and CEO David Libby.

The $235-million credit union started in the basement of the church, then moved to the home of one of its leaders, then to a local ice cream parlor, before finally being located at its present facility, which was constructed in 1976.

The project would include two 20,000-square-foot buildings, a center atrium and a parking plan that would include 119 spaces.

The project would be constructed in two phases. Phase one would include one building, the atrium and 73 parking spaces. The second phase would include the rest of the project elements.

Plans call for groundbreaking this fall and a spring move in. The second phase will be constructed in 2018.


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