Plan for Jordan's site: hotel, condos
The developers also want to build a restaurant on the former meat-plant land, and hope to finish the project by mid-2011.
By Matt Wickenheiser
mwickenheiser@mainetoday.com
Staff Writer
PORTLAND ? Less than a month after buying the property, the owner of the former Jordan's Meats plant has submitted plans to build a hotel, a restaurant and condominiums on the site.
Old Port Hospitality LLC is proposing a 122-room Hampton Inn, an undisclosed restaurant with about 180 seats and 12 condo units on the lot bordered by Franklin Arterial and India, Middle and Fore streets.
''We are trying to get a hotel project in the ground for the spring,'' said Mark Woglom, who is a principal in Old Port Hospitality along with Greg Kirsch.
The goal would be to finish the project in a year, so the hotel and restaurant would be open for the tourism season in 2011, Woglom said.
Although he declined to put a value on the potential development, papers filed with the city and state say it is estimated to be a $15 million project.
Woglom and Kirsch are president and vice president, respectively, of Belmont, N.H.-based Opeechee Construction. They formed the company to buy the Jordan's Meats site, and closed the deal Feb. 1.
The new owners have declined to discuss the purchase price, but the real estate agent who handled the deal said at the time that the asking price was $4.75 million and they bought the property for less than that.
At the time, Woglom said they had no firm plans for the site, nor a timeline, citing the challenging economy.
On Thursday, Woglom said Old Port Hospitality has lined up financing from a small commercial bank, which he declined to identify. The firm has been granted the franchise for the Hampton Inn, which is part of the Hilton family of hotels.
Still, Woglom said, ''A lot of things have to happen any number of stumbling blocks could stop a project like this.''
Greg Mitchell, Portland's economic development director, said the firm's quick movement is ''a positive and encouraging sign.''
''This is reinforcement that the Portland economy is strong and can support additional hotel rooms and restaurant investment in a slower economy,'' Mitchell said.
According to the plans, the 1.74-acre site would be subdivided into two parcels. A six-story, 95,000-square-foot building would be built on a 0.66-acre parcel for the hotel, restaurant and condominiums. The rest of the property would be kept for future development.
The hotel would have 112 parking spots, plus 22 spaces for bicycles.
The developers still need state and city permits and approvals. Woglom said the proposed uses are all permitted under the city's zoning.
Opeechee has constructed buildings in Maine, including the AAA regional headquarters in Portland, Hampton Inns in Augusta, Bath and Ellsworth, the Comfort Suites in Biddeford, the Comfort Inn & Suites and Homewood Suites in Scarborough, and the Holiday Inn Express in Freeport.
Old Port Hospitality bought the former meat-packing plant from The Procaccianti Group of Rhode Island, which paid $6 million for the property after Jordan's Meats closed in 2005.
Procaccianti planned to build a Westin Hotel and 97 luxury condos on the site, but never moved ahead after getting city approval.
Staff Writer Matt Wickenheiser can be contacted at 791-6316 or at:
mwickenheiser@pressherald.com
Just for some reference, here are what the ugly hampton inns look like in their more urban form