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Portland Bayside East End Redevelopment

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Some exciting news was recently reported on Wednesday for the up and coming  Bayside region on the lower side of the the East End in Portland Maine. A larger real estate development company..Federated Companies..has gotten approval preliminary approval from the planning committee to purchase 3 acres of property located behind the recently built Trader Joes..formerly scrap yards… to ultimately develop into a mixed use property including residential units, store fronts, office space and a 500 car parking garage.  The Bayside region is one of the last areas on the “peninsula” that offers plenty of land and a prime location for expansion.. learn more about city of Portland’s redevelopment plan here.

Bayside is close to Portland Maine’s East End housing market. one of the hottest real estate markets in the community thus watch for continued redevelopment in this region for sure.

 

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