MONSON – The Libra Foundation, a Portland based charitable organization, has been buying a lot of real estate and property in the Piscataquis County town of Monson and there’s a reason.
During the past several months, the Libra Foundation has purchased more than a dozen commercial, residential and agricultural properties in Monson.
Resident Zach Fortier said “I always remember it being kind of dead. And not a whole lot of people going through. And now people are actually stopping. It’s good to see the town flourishing for the first time in a long time.”
So far, the Portland-based charitable group has spent about a million dollars, with the potential for a total of $5 million to be infused into the town.
Already, demolition and renovation is blending the old Monson with a new image.
Pineland Farms owner Luca Butler stated “It really boils down to a major project to bring a new breath of life into an area that took some serious economic hits over the past really ten years.”
The Libra Foundation trustees decided to chart a new course for its charitable donations. Now, while the actual plans remain open to change, the long-term goal is to create a town that focuses on the arts.
Libra Foundation Chairman Craig Denekas said “We think it’s particularly creative atmosphere for people who might want to come here and do whether it’s film, or do writing, performance arts or traditional, fine arts, watercolors.”
While some townspeople said they’re skeptical about the project,. Most people are excited at the changes taking place.
Resident Gerald Vieira concluded “I think they’re doing a great job. A great job getting rid of a lot of the old dilapidated buildings. And I think they’re just good. Everything they’ve done so far is good.”