PORTLAND, Maine — Developers who have ownership in the Maine Red Claws basketball team are proposing a $100-million development in Portland that would include a hotel, a music theater, offices and a sports arena that would double as a convention center.
The Forefront at Thompson’s Point would be located in an area near the train station that is now an assortment of light industrial uses. The development group includes Jon Jennings, the Red Claws’ president, and William Ryan Jr., one of the owners of the NBA Development League team.
Jennings and Ryan told the Portland Press Herald that the development would be privately financed. Construction could begin next spring with the hotel and office buildings done in a year and the event center, music hall and a parking garage completed in 18 months.