Courtesy / Radnor Property Group
Seen here is a rendering of Coburn and Holmes halls and the proposed addition.
July 27, 2021
UMaine advances $17M proposal to convert two campus buildings into hotel
COURTESY / UNIVERSITY OF MAINE
The University of Maine System Board of Trustees on Monday advanced planning for the conversion into a hotel of two historic buildings on the Orono campus, including Coburn Hall, seen here.
By Staff
The University of Maine System Board of Trustees on Monday approved the next step in developing a public-private partnership that would reuse two historic University of Maine buildings as a boutique hotel.
The projected $17 million of private investment in vacant, unused Coburn and Holmes halls would create an 87-bed hotel on the flagship Orono campus of the University of Maine System.
The halls, which both date to 1888, are two of the oldest buildings on the campus.
The proposal calls for the University of Maine System to partner with a Pennsylvania-based developer to retrofit Coburn Hall and Holmes Hall, which currently stand vacant within yards of each other, and to construct an addition for Holmes.
Board approval authorizes continued due diligence through the University of Maine by the Radnor Property Group LLC to further the initiative.
Further board approvals will be required.
If approved, the project is slated to begin as soon as September and break ground in February 2022. The hotel would open in the summer of 2023, according to a UMaine System memo.
“The University of Maine is a great investment,” President Joan Ferrini-Mundy said in a news release. “We are bringing big changes to the flagship campus of the University of Maine System.”
The proposed redevelopment of the unused facilities would add to the nearly $200 million in campus construction underway and planned at the University of Maine.
Construction is underway on the $80 million, 105,000-square-foot Ferland Engineering Education and Design Center, which broke ground in April 2020 and is expected to be completed in spring 2022.
Earlier this year, UMaine unveiled its $110 million plan to plan to expand and upgrade its Orono athletic facilities, including a new stadium for women’s soccer, a new 100,000-square-foot indoor track arena, upgrades to existing facilities and more.
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