PORTLAND — Dozens of fishermen, their families and friends gathered at a pub on Portland’s waterfront Sunday to kick off what could turn out to be a historic campaign to save their industry from extinction. Citizens behind the movement to freeze or contain development on the waterfront met in Andy’s Old Port Pub, a Commercial […]
development
Posted inLewiston-Auburn
Lewiston postpones Exit 80 retail deal one more day
LEWISTON — Citing Tuesday’s storm and some last-minute editing changes, city councilors Tuesday postponed a decision on the proposed Exit 80 development and property tax incentives until Wednesday. “We want to be sure that everybody is on the same page and we are all 100 percent together,” City Administrator Ed Barrett said. “Secondly, given tonight’s […]
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Posted inBusiness, Lewiston-Auburn
Augusta: A tale of two retail tax breaks
Faced with the aftermath of a deep recession and an area of town that city leaders really wanted to see developed, Augusta offered tax breaks 25 years ago to the developer behind the Marketplace at Augusta off turnpike Exit 112. Later, in a retail development known as Augusta Crossing three miles south at Exit 109 […]
Posted inBusiness
Maine DECD says it will consider starting state-run EB-5 program
LEWISTON — The state of Maine may start its own visa program to help bring more direct foreign investment here, according to Maine Department of Economic and Community Development Commissioner George Gervais. The state is looking at establishing a state-run EB-5 regional center, Gervais said. EB-5 visas provide foreign nationals with a way of obtaining green […]
Posted inLewiston-Auburn
Town to move forward with purchase of Upper Gloucester lot
NEW GLOUCESTER — After months of closed-session meetings, the New Gloucester Board of Selectmen unanimously agreed on March 2 to direct the town manager to execute the offer, purchase and sale agreement on a 4.48-acre lot and house in Upper Gloucester. The agreement with Roger Parsons, representative for the Estate of Natalie Parsons, includes 4.48 acres of […]
Posted inMaine, sj-web
Developer plans to demolish former African immigrant church in Portland, build condos
PORTLAND — In the latest project in what has been a development rush on Portland’s Munjoy Hill, developers are hoping to demolish a former African immigrant church and replace it with condominiums. The city’s Planning Board unanimously granted the project conditional site plan and subdivision approvals at its Tuesday night meeting. The Munjoy Hill neighborhood […]
Posted inBusiness, Maine, sj-web
Waterfront development gets new look
PORTLAND — City planners and the public on Tuesday got a fresh glimpse at what a long-awaited $100-plus-million development on one of Portland’s most visible waterfront properties will look like. Developers behind The Forefront at Thompson’s Point — which will build out the Fore River peninsula with office buildings, restaurants, a hotel, a sports arena, […]
Posted inAdvertiser Democrat, Oxford Hills, The Franklin Journal
Tax agreement signed on Oxford hotel project
OXFORD — A $15.4 million hotel and restaurant development, described as a “catalyst” for economic development, took a major step forward Thursday when selectmen signed a credit enhancement agreement with the owners of property across from the Oxford Casino on Route 26. The agreement, which comes after months of negotiations, allows Thurlow Family LLC to retain some of […]
Posted inLewiston-Auburn
Housing project seeks to reclaim units lost in May fire
LEWISTON — A proposed downtown project would resurrect 30 housing units lost in a May 3 fire that burned four apartment buildings and left dozens homeless. Volunteers of America hopes to build a housing development on lots at 110 and 114 Pierce St. and 145 and 149 Bartlett St. The buildings there were part of […]