The development navigated a twisted path of bankruptcy, legal challenges and changing hands.
Housing crisis
Posted inMaine, News
Old Orchard Beach considering limits on public camping, sleeping in cars
The Town Council is expected to vote on the ordinances Tuesday, with the town manager saying that sleeping in vehicles and tents is a public safety hazard.
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Posted inMaine, News
State recommends major changes for Maine’s mobile home parks
A report from the governor’s office suggesting changes to financing, construction and oversight of manufactured housing communities could serve as a roadmap for legislators in the upcoming session.
Posted inMaine, News
Maine’s roller coaster home prices drop one month after record high
The median home sold for $399,000 in November, the state’s first sub-$400,000 median since March.
Posted inMaine, News
Sanford extends moratorium on mobile home park rent increase
The pause on rent hikes, first approved in September and previously set to expire Wednesday, will now end in May.
Posted inBusiness, Maine, News
Portland launches study to review its inclusionary zoning ordinance
The 10-year-old policy requires 25% of housing units in new developments to be deemed affordable. Developers say the rules are too stringent and stifling construction of units that the city desperately needs.
Posted inBusiness, Maine, News
Is Maine meeting its housing production goals? The state doesn’t know yet.
A 2023 report that identified the need for 84,000 homes by 2030 laid out specific county-by-county production goals, but officials won’t have data until the spring.
Posted inBusiness, Fact Brief, Maine, News
Will Maine need roughly 84,000 more housing units by 2030? | Fact brief
The oft-cited statistic comes from a study conducted on behalf of the Maine State Housing Authority in 2023.
Posted inMaine, News
Westbrook breaks ground on workforce housing project
Gov. Janet Mills was on hand for the ceremony Wednesday, Nov. 12.
Posted inBusiness, Maine, News
New business-based coalition forms to address Maine’s housing shortage
Build Homes Build Community is a statewide group of business leaders, nonprofits, trade associations and others that will advocate for pro-housing policies and encourage Mainers to support home construction in their communities.