Portland vote delayed on Bayside development
The Portland Planning Board’s vote on the proposed $75 million “midtown” development in has been delayed, but it appears that the developer is not ready to pull out just yet.
The Portland Press Herald reported that the board’s vote was delayed from Jan. 27 to Feb. 3. to address concerns that the developer’s plan to elevate a street by two feet could create flooding issues in the Bayside neighborhood. The area has a history of flooding problems, which could be exacerbated over time by rising sea levels and storm.
The Federated Co., the Miami-based developer behind the project, is reportedly working with the city to address the concerns brought forward by the owner of an abutting business. Jeff Levine, the city’s director of planning and urban development, told the newspaper that a resolution is expected to be reached before the Planning Board’s Feb. 3 vote.
Jonathan Cox, the founder and chairman of Federated Cos., told the Press Herald last week that if "the planning board isn't prepared to vote [at its meeting] on Jan. 27, then [the company] will withdraw." But in a follow-up interview, he said the newspaper misstated his company’s position and that he will not provide further comment as a result until after board approves the project. However, Levine said the developer has agreed to the delay.
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