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February 25, 2015

Portland waterfront development clears hurdle

A plan to transform a 10-acre site on Portland’s eastern waterfront into a mixed-used development has cleared one hurdle after the city’s planning board recommended a zoning change for the land.

The Forecaster reported that the planning board unanimously recommended zoning changes that would allow developer CPB2 to have taller buildings at the historic Portland Co. complex on 58 Fore St. The zoning change request now heads to the City Council.

The developer has previously said it plans to incorporate a mix of commercial and residential development, adding that it seeks to emulate the feel of Portland’s Old Port district. Some neighbors have voiced opposition to the zoning changes out of concern that new development will alter the area’s waterfront views. The site had been nominated for historic preservation.

Source: The Forecaster

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