November 08, 2019
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Chinese-backed plan for medical hotel at former Auburn shoe factory is kaput

Stock photo | Pexels
Stock photo | Pexels

Officials say an ambitious $40 million, Chinese-backed plan for a health and wellness hotel in Auburn appears to be kaput: The properties are now up for sale.

The Lewiston Sun Journal reports that a more restrictive visa program and changes at Central Maine Medical Center doomed the plan to convert a former shoe factory. The idea was to combine American health care system and a state-of-the-art medical hotel for wealthy Chinese citizens.

Economic and Community Development Director Michael Chammings said the project hinged on a visa program known as EB-5. The program sets foreign investors on the path to U.S. citizenship in exchange for a significant business investment on U.S. soil.

Chammings said delays the building is sound, and could be redeveloped into housing. The parcels are listed for $5 million.

 



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