AUBURN — Despite some concerns about having to dig up the Auburn Police Department’s old gas pumps and tanks, councilors agreed to sell the building to Chinese investors. The Auburn City Council voted Monday to sell the old Police Station at 1 Minot Ave. to Miracle Enterprises LLC for $500,000. Councilors said their only concern […]
medical tourism
Posted inLewiston-Auburn
Auburn to vote on police station sale
AUBURN — A deal to sell the vacant police station at 1 Minot Ave. to Chinese investors goes to city councilors Monday for a vote. Councilors will vote on a $500,000 sales agreement with Miracle Enterprises LLC at a special meeting at 5:30 p.m. Monday, Sept. 14. Councilors reviewed the agreement Tuesday. “This is a […]
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Posted inAdvertiser Democrat, Lewiston-Auburn
Auburn mulling Chinese group offer on police building
AUBURN — City councilors could review an offer by a Chinese investment group to purchase the old 1 Minot Ave. police station at their meeting Tuesday, Sept. 8. City Manager Howard Kroll said Miracle Enterprise LLC has offered to purchase the vacant building for $500,000 and make it part of their four-star medical tourism complex. […]
Posted inBusiness, Lewiston-Auburn
Auburn has much to do to get The Barn ready for medical tourism
AUBURN — Chinese investors returned to Beijing on Wednesday, leaving city officials to contemplate their next steps toward a $40 million renovation of the circa 1914 Lunn Sweet Shoe Factory building. City Economic Development Director Roland Miller said the investors from Beijing-based Guo Tou Sheng Tong Investment Co. LTD met with Maine-based financiers and planners Tuesday […]
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
Chinese investors expect 5,000 visitors to The Barn
AUBURN — Chinese investors told an Auburn crowd Friday morning that they expect 5,000 wealthy Chinese citizens to stay at a new luxury medical tourism facility planned for The Barn in its first year. They expect greater numbers after that. “Through our own network, as well as that of our partners, we have access to […]
Posted inLewiston-Auburn
Chinese medical tourism facility eyed for former Auburn shoe shop
AUBURN — Wealthy Chinese citizens will shuttle in and out of L-A to receive medical treatment unavailable in their homeland and recuperate in a former shoe shop converted to a $30 million to $40 million luxury residence, officials said. The Chinese investors in the project intend to capitalize on China’s growing wealth, aging populace and […]
Posted inLewiston-Auburn
Medical tourism in Auburn, Maine: What exactly is it?
Expert says wealthy patients come for better care, support services, amenities. In Maine, most people probably think of medical tourism as a thing Americans do to save money. A trip to Canada for cheap medication. Some time in Costa Rica for discount dental work. A flight to Barbados for low-cost fertility treatments. But while the […]
Posted inLewiston-Auburn
Rich Chinese investors may get permanent visas through project
AUBURN — Chinese nationals who invest at least $1 million in The Barn project in Auburn will secure visas to permanently live in the United States with their families. It’s called an EB-5 visa, the heart of a little-known but quickly growing U.S. program that grants foreign investors green cards — and sets them on […]