Builder pitches $17.5M Portland waterfront hotel
Developer J.B. Brown & Sons is looking to build a 131-room waterfront hotel in Portland's Old Port, according to the Portland Press Herald.
The project, estimated to cost $17.5 million, is the third hotel proposal standing before city planners.
A 124-room Old Port hotel was proposed earlier this year by Cow Plaza Hotel LLC and another proposal stands to convert the former Press Herald building at 390 Congress St. into a 100-room boutique hotel and restaurant.
The latest proposal would place a Courtyard by Marriott hotel on what is now a 1-acre parking lot near the city's fish pier and would feature a 7,000-square-foot restaurant and 14 rental units.
In total, the proposals standing before the city amount to around $38 million to create 400 new hotel rooms, the Press Herald reported.
These proposals are set against a backdrop of moves over the past three years by the Hampton Inn and Residence Inn that added a collective 300 rooms in the city.
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