Ignite Presque Isle Receives Donation Through Capital Investments
Ignite PI is proud to announce that they’ve passed the halfway mark to their fundraising goal for their BE A SPARK campaign.
Major corporations and private donors make up the composition of supporters. Bob & Kathie Davis, Julie & Ed Therrien, Bob & Ann Sirois, Falcon Transport and many others have donated to the capital campaign for acquiring The Northeastland Hotel. Ignite PI is still actively raising funds to meet the match needed for the acquisition of the Northeastland. The total campaign goal is $275,000 and due to the generosity and pledges of the community members, Ignite PI is $95,000 away from reaching its goal.
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Ignite PI Enters Agreement for Site Location
The Board of Directors of Ignite PI has entered a contingent purchase and sale agreement for its future home. Ignite PI is excited to share that it is working to acquire, and operate The Northeastland Hotel consistent with its history, tradition, and iconic, downtown presence in Presque Isle.
The operations of both Ignite PI and the Northeastland as joint entities will seamlessly combine to provide a hub of co-working entrepreneurship with the amenities of a historic hotel, restaurant, and event center.
This step will allow Clint Deschene, Director of Innovation, and team, to begin working to develop the financing and program to implement the sale. Not only will the property be the home to Ignite Presque Isle, but Ignite PI will work to reinvigorate the property as an icon in the heart of the City Presque Isle.
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