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Old 11-06-2018, 05:13 PM   #3361
Portcity75
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Re: Portland, ME - New Construction Continued

And I guess he had second highest I'd on time & temp building

Look at the fortune he paid just to redo canal plaza with all that granite
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Old 11-06-2018, 05:30 PM   #3362
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Re: Portland, ME - New Construction Continued

Kind of wish he would have won the bid on the T&T Building because he would have done a first class renovation. I'm hopeful the new owner will do the same, you don't spend $9+ million and neglect your investment. The last time I talked to Tim, he was considering condos on the upper floors and hospitality on the lower. Would definitely add some serious pop to the skyline from the harbor if built even if it ends up being decreased in height to 12-16 stories!
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Old 11-07-2018, 08:24 AM   #3363
Dr. StrangeHat
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Re: Portland, ME - New Construction Continued

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Originally Posted by Portlander View Post
even if it ends up being decreased in height to 12-16 stories!
That's my thinking on this - bid for 20 stories and when the NIMBYs lose their minds over unsubstantiated wind concerns and tall buildings potentially eating people, go for something in the 12-16 story range.
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Old 11-07-2018, 08:53 AM   #3364
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Re: Portland, ME - New Construction Continued

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Originally Posted by Dr. StrangeHat View Post
That's my thinking on this - bid for 20 stories and when the NIMBYs lose their minds over unsubstantiated wind concerns and tall buildings potentially eating people, go for something in the 12-16 story range.
This 20 story thing being a problem is silly. Franklin Towers is 17 stories high on the west side (16 on the east, of course). It is residential, so floor heights are smaller than office buildings. The Soley building will be condos and a hotel, a kind of mini, or one-third height of the 61 story Four Seasons going up in Boston's Back Bay now. This combination works well as full time residents have the services of a 24/7 hotel. The truth is the building will only be slightly taller than Franklin Towers. Of course, I can see the PPH article now. "Mainers aghast at the Manhattanization of Portland," The fact that we are even talking about this is embarrassing, really. It's why I now live and work in NYC. People don't get wigged out over something like this and there is no racism here (there are no "American black" people in Portland). However, I love going back home to Portland for the weekends -- Blyth & Burrows my fave. One day I'll retire in Portland, but only if the residents can get over an absolute freak-out of a 20 story building being built (an indicator of a much larger problem).
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Old 11-07-2018, 09:13 AM   #3365
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Re: Portland, ME - New Construction Continued

My main curiosity with this potential development still revolves around the lot size. By my measurements via Goggle Earth, a building with a similar footprint of One Monument Square will barely fit in the in the allotted space. So it will need to basically equal to the sides of One Canal Plaza but only around 2/3rds of it's width.

This could allow for extra wide sidewalk access on three sides of the structure and driveway width on the Fore Street side which I guess would serve as the main entrance. Not sure how you design a turn around with check in/valet/loading space to accomplish the needs of a building of this size. Maybe Fox Court can be redesigned as a one way road by removing the few parking spots on the left side. Would levels be added to the garage that he recently renovated with solar panels to accommodate the needs of hotel guests/condo owners?

The other interesting issue is that the base and main entrance of the structure (potentially Maine's tallest) would not be very visible from the street and kind of hidden by the garage and the backside of Exchange Street buildings. If it is built out at 20 floors the tower will be very noticeable from 295. You can barely make out the rooftop of One Canal Plaza from the interstate now due to the peninsula's downward slope towards the waterfront.
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Old 11-07-2018, 11:16 AM   #3366
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Re: Portland, ME - New Construction Continued

Well it will connect with garage so it sure if he want to build over it or add a facade like ocean gateway one
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Old 11-07-2018, 04:55 PM   #3367
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Re: Portland, ME - New Construction Continued

When this tower was initially reported on I recall Soley saying it'd have to be primarily residential to be financially feasible. With the massive amounts of condos being built in town and others in the pipeline I wonder if his thinking has changed.

I was over on India Street today and walked over to the Shipyard site, which is quickly being demolished. I wonder if the Marriott Residence Inn will suffer at all from the construction going on all around it. I imagine there are no more water views on the Fore Street side. That said, they'll probably benefit from the proximity of WEX and VFC business travel.

Also saw that the Verdante Condos site work is underway over by the Food Co-op.
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Old 11-09-2018, 06:57 AM   #3368
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Re: Portland, ME - New Construction Continued

Makes sense to start the condos on the 8th floor so that they have views of the ocean and points north and south. The first 7 floors would be the hotel with its 24/7 features. This configuration, hotel on bottom and condos in middle and top, is popular in tall luxury buildings in cities across the U.S. now. However, in Japan, or Tokyo, a 50 story building might have the hotel on the top with office at the bottom and middle. The views from that hotel lobby are stunning (Royal Park Shiodome). This is starting to happen in some U.S. buildings now. Makes sense, checking in with the lobby bar and giant windows. Boston has one like this (not as tall though) on the drawing board for Back Bay. Still confused as can be why Portland does not have a building on the waterfront with a harbor view on top. The Hyatt should of done that, going up one floor higher.

Last edited by TC_zoid; 11-09-2018 at 07:07 AM.
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Old 11-09-2018, 11:40 AM   #3369
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Re: Portland, ME - New Construction Continued

^ Maybe because the Westin's "Top of the East" serves that purpose and has name recognition that goes back decades. But I agree that a another rooftop lounge/restaurant a little closer to the water would be a nice addition to downtown.
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