"Business Maine: Southern" piece reporting that Saco Island LP expects to move f
"Business Maine: Southern" piece reporting that Saco Island LP expects to move forward immediately with its $100 million redevelopment of the Saco Island complex after closing a deal earlier this month to buy the property for $5.9 million. The investors purchased the island, located between the downtowns of Biddeford and Saco, after three years of negotiations. They seek to develop the 15-acre island into a mixed-use development of housing, retail shops, offices and a marina. Saco officials last fall approved a $35 million tax-increment financing program to help fund the redevelopment.
Saco Island, Real estate development
""Business Maine: Southern" piece reporting that Saco Island LP expects to move f" (2007). Maine News Index – MaineBiz. 4321.
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