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Chinese financiers unveiled plans Friday to invest up to $40 million to convert an old Auburn factory building into a “state of-the-art health and wellness hotel,” the Sun Journal reported.
The newspaper said Beijing-based Shengtong Group will redevelop the former Lunn and Sweet Shoe factory into a destination for wealthy Chinese citizens, who would recover at the hotel after receiving medical treatment from Central Maine Medical Center in Lewiston.
“What has happened, according to this investment group, is that a very large segment of the Chinese population, that is now very wealthy and can move anywhere in the world, wants to have their health care provided external to the Chinese system," Auburn Economic Development Director Roland Miller told the newspaper.
Auburn Mayor Jonathan LaBonte said the project is expected to create at least 80 new jobs, according to a tweet from Sun Journal reporter Scott Taylor.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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