"Focus Down East Region " piece on hotel developer Ocean Properties Ltd., of Por

Source

Mainebiz

Date

8-25-2008

Pages

18-20

Abstract

"Focus Down East Region " piece on hotel developer Ocean Properties Ltd., of Portsmouth, NH, which is buying up property in Bar Harbor. Business owners on West St. were told they could not renew their leases, and homeowners have been selling their houses on nearby Rodick St. West St., perpendicular to Main St., is an anchor for the town. Since the mid-1990s, Ocean Properties has bought 24 properties in Bar Harbor and now owns five hotels. Some residents like the company's tasteful designs, while others fear Ocean will have too much control over local land.

Subjects

Ocean Properties, Bar Harbor, Real estate

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