Diamond Cove Associates, the developer who had originally proposed converting hi

Source

Portland Press Herald

Date

2-3-1994

Pages

8B, 10B

Abstract

Diamond Cove Associates, the developer who had originally proposed converting historic Fort McKinley on Great Diamond Island into a lavish housing development, has sold the property to McKinley Properties, a group headed by Lyme Timber Co of Lyme, NH -- The deal is part of an effort by Diamond Cove Associates to resolve a $13 million debt with Peoples Heritage Bank and Recoll Management Bank -- McKinley Properties has scheduled a news conference for tomorrow to announce project developments -- Details

Subjects

Diamond Cove Associates, Fort McKinley -- Great Diamond Island, McKinley Properties, Real estate development

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