A Cumberland Foreside condo development secures financing mainebiz.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mainebiz.biz Daily Mail and Mail on Sunday newspapers.
McClure, a Cape Elizabeth native who recently broke ground on a 45-unit condo project in Cumberland Foreside, has his sights on a 60-unit townhome development in the North Deering neighborhood.
A developer faces similar challenges in planning to build 18 condos where a 46-unit affordable housing project was scuttled by community opposition last year.
GenX Capital Partners closes on approved 50-unit development in Cumberland Foreside pressherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pressherald.com Daily Mail and Mail on Sunday newspapers.
The target market includes young professionals and migrating urbanites. Unit sizes would range from 700 square feet to 1,230 square feet and prices from the mid-$400,000s to the $700,000s.