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Developers close sale on Thompson's Point
Forefront Partners, a group with redevelopment plans for Thompson’s Point in Portland, has moved ahead on its $105 million project by closing a sale on the land. The sale price for the 25 acres along the Fore River, just east of I-295, was not disclosed.
The Bangor Daily News reported Tony Donovan, a broker with Fishman Realty who represented the seller, Thompson’s Point Inc., confirmed the sale.
In June, the developers announced they were pushing back construction of a sports complex and parking garage at the site and moving up plans for a 175,000-square-foot office building for which they have a tenant, still undisclosed.
Development of the project is expected to begin this fall, the paper reported.
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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.
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The Giving Guide
The 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
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.
-
Senior Smart
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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