Developer Selected for Bayside Parcel ; Atlantic Redevelopment Offers to Pay $3 Million and Plans to Build a Parking Garage, Offices and Residences.
Portland Press Herald › June 04, 2007
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Summary
Portland officials have settled on a developer to buy 3.5 acres of former railroad land in Bayside and build an $18 million parking garage to revitalize the downtown neighborhood further.
Atlantic Redevelopment Co., which has built several Bayside properties, has offered $3 million for the city-owned land, which runs along Somerset Street between Pearl and Elm streets.See the full content of this document
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Developer Selected for Bayside Parcel ; Atlantic Redevelopment Offers to Pay $3 Million and Plans to Build a Parking Garage, Offices and Residences.
The pending sale is part of the city's plan to move its public works garages and two scrap-metal recycling companies from Bayside to land it bought last year on Riverside Street.
Atlantic would build a 700-space parking garage, an 80,000- square-foot office building and a 64-unit apartment or condominium building, said Lee Urban, Portland's ...See the full content of this document
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