Title

"City" piece on a vacant lot on Portland's Magnolia Street that is owned by the

Source

Casco Bay Weekly

Date

9-12-2002

Pages

7-8

Abstract

"City" piece on a vacant lot on Portland's Magnolia Street that is owned by the city. Packard Development of Newton, Mass., has bid $175,000 for the lot, which they hope to use as an entrance for a shopping plaza with restaurants, retail stores and a grocery store. Fresh Start, a South Portland non-profit organization that provides affordable housing for renters and owners, has made a bid of $10,000 and has proposed an eight-unit affordable housing complex. The city's criteria for accepting bids are based on a 100-point evaluation scale, with 50 of those points awarded to the proposal that best suits the city's main objectives. Committees hope to complete the review process by Sept. 28 and the city council should see their recommendations by the end of the year.

Subjects

Housing -- Portland, Real estate development

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