"Focus on Building & Real Estate" piece on Stephen Goodrich, 50, CEO of Portland

Sara Donnelly

Source

Mainebiz

Date

2-9-2009

Pages

22-23

Abstract

"Focus on Building & Real Estate" piece on Stephen Goodrich, 50, CEO of Portland-based credit card payment processor PowerPlay. He is the new owner of the former Portland Public Market building, which he purchased for $340,000 as headquarters for his company. Other real estate purchases include Riverdam Millyard in Biddeford; 28 Stroudwater St. in Westbrook; 409 Cumberland Ave. and 24 Preble St. in Portland; and 116 Pleasant Hill Rd. in Scarborough, the offices of his company Market Fresh Produce. He grew up on a Gorham farm and also owns Bluefield Organic Farms in Florida. A market tax credit administered by Coastal Enterprises Inc. will reduce the $4 million cost of renovating the public market building by 30 percent. One of the first buildings Goodrich owned and renovated was the 1866 Tracy-Causer building in Portland. He will try to pursue LEED Gold certification for the public market project.

Subjects

PowerPlay (credit card processor) Portland, Portland Public Market, Real estate development, Goodrich, Stephen

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