Title

The accelerating pace of development in Maine is causing the Maine Coast Heritag

Authors

Phyllis Austin

Source

Maine Times

Date

8-9-2001

Pages

5

Abstract

The accelerating pace of development in Maine is causing the Maine Coast Heritage Trust (MCHT) to accelerate its land preservation efforts. It now plans to embark on a 5-year , $100 million fund-raising campaign called Campaign for the Coast. The trust hopes to leverage its money with other public and private contributions to $500 million. Fifty million dollars has already been quietly raised through individuals and family foundations. Corporate contributions will be sought next. According to trust spokesman Chris Hamilton, real estate values on the coast have jumped up to 300 percent in some coastal towns between 1990 and 1999. Since 1970, the trust has protected more than 110,000 acres, including 325 entire islands. In 2000 alone, MCHT conserved 23,994 acres and 27 miles of coastline.

Subjects

Fund raising, Maine Coast Artists Rockport

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