Portland vote on $75M project delayed, again
The Portland Planning Board’s vote on the proposed $75 million “midtown” development has been delayed again, but this time at the request of the developer.
The Forecaster reported that the board’s vote and public hearing, which was scheduled for Tuesday, has been moved to March 3. The board’s chairman told the newspaper that Miami-based Federated Cos. needs more time to address technical issues. Federated Cos. said last month that it wouldn’t comment on the project until after the process is over.
The apartment and retail project’s scope was significantly reduced last year, from four 14-story buildings to four six-story buildings, after the developer settled with the Keep Portland Livable group, which was suing the city’s 2014 approval of the original plan.
The developer is now seeking to address concerns about flooding issues as a result of its plan to elevate one of the lot’s adjacent streets. Federated Cos. first proposed the project five years ago.
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Compromise reached on Portland development
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