Directories

Family Business

Ashley Risbara

M&R Development Company

Member Profile Details

First Name Ashley
Last Name Risbara
Company / Organization M&R Development Company

Company Information

Primary Contact Ashley Risbara
Job Title Corporate Marketing Director
Website https://mrholdings.com/
Phone 207-749-8785
Address 1 Scarborough Downs Road
City Scarborough
Province / State Maine
Postal Code 04074

Resources


Special Offers


Our Business

Service Category

Construction and Design

Business Description

M&R Development’s primary project and the one it is most well known for is the 577-acre development project at The Downs in Scarborough, Maine. The Downs a project unlike any other in New England. It is delivering over 2,000 mixed-housing units, a first-ever new construction Town Center, and is home to 50+ businesses in the Innovation District. The housing diversity at The Downs is meant to deliver meaningful contributions to the state’s housing market, while not placing a burden on the schools or the municipality. 85-percent of the units are tiny homes, condominiums, town homes, and apartments, spanning all categories to include affordable, workforce, 55+ and luxury offerings. Every price point and demographic is met at The Downs – our housing development is unlike all others in the state of Maine. The Downs is also delivering a public benefit of Scarborough’s long desired (2006 Comprehensive Plan) Town Center. It has preserved 200 acres of conservation land, closed a critical loop in public transit from Falmouth to Biddeford, created 10 miles of walkable sidewalks and trails, and is nearly completed a $18M traffic improvement project with the state of Maine, the town of Scarborough and the development team. Finally in the commercial sector, 1,000 jobs have been created across the 50 businesses to locate at The Downs, including Costco, Allagash, IDEXX, InterMed and Market Basket and more. At full buildout the project will be valued at $1.5B and will produce upwards of $20M in tax revenue for the town of Scarborough annually. M&R Development puts family first, and business second. Our number one value and priority is our people. We are only strong if our staff is happy. Our team offers above industry pay scale, the most generous benefit packages including healthcare, 401K and paid time off, and we strive to keep all of our employees happy to come into work daily. We also pride ourselves on delivering quality work. There is a saying we follow: “we do it right, or we do it twice” and we live by that motto. Another value our second generation of leadership is leaning into is embracing technology that makes our employees jobs easier. Our firm has recently made significant investments in AI technology to do so across all three operating firms. For instance, Maine Properties just invested in "Maddie" an AI technology that responds to leads, takes calls, and sets up a variety of mundane, yet critical parts of our job. This enables our team to step away their desks and connect directly with our customers. This hands-on approach allows us to create a more personalized and impactful customer experience — and we're already seeing the benefits. The AI phone technology has: Sent 15,780 messages Saved 1336 Hours Responded to 674 Waitlist leads booked 259 apartment tours The average response time is 36 seconds and she responds at all hours of the day, with 49% of the calls coming in after business hours.

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CONTACT

Let’s Do Business Together!

Get in touch with us via phone, email, or online contact form, and we’ll be in touch to discuss the ways in which we can work together.

P.O. Box 3364
Portland, Maine 04104 USA

207.798.2667