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October 10, 2012

$18M Old Port project stalled

Delays around landing a large commercial tenant will likely hold up an $18 million Old Port development until next year.

The Portland Press Herald reported that New Hampshire-based Opechee Construction was slated to begin work on the project at 203 Fore St. this fall.

Designs for the 180,000-square-foot project at the site of the former Jordan's Meats include nine retail units, 18 condominiums, 640,000-square-feet of office space and a parking garage that can house over 100 cars.

Company President Mark Woglom told the paper that a commercial anchor tenant he thought had been lined up had pulled out.

Last year, the development company completed construction on the nearby 122-room Hampton Inn Hotel and retail space occupied by Sebago Brewing Co.

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