"Building & real estate" piece on high-rise development in Portland, with a focu

Authors

Jess Kilby

Source

Mainebiz

Date

4-26-2004

Pages

30-32

Abstract

"Building & real estate" piece on high-rise development in Portland, with a focus on developer Diane Doyle, who is reconsidering her Graves Hill project on the Portland-Falmouth line, which originally called for two high-rise condominium towers that would have dramatically altered the Portland skyline. Doyle decided to hold off on her high-rise plans because the scale was just too large. She still intends to develop the site, but hasn't decided the details. Jeffrey Cohen of Waterview Development LLC is planning a 12-story brick building at the corner of Cumberland and Forest avenues in Portland. The plan calls for a 96-unit condominium, but parking is an obstacle. Alex Jaegerman, director of Portland's Planning Division, says it will take a variety of strategies to meet the city's goal of 4,000 new housing units built in the next 15 years.

Subjects

Real estate development, Doyle, Diane, Cohen, Jeffrey N

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