PORTLAND, Maine — A landmark project set to reshape downtown Portland includes plans for the tallest building in Maine, as announced by Tim Soley, president of East Brown Cow, and architect Safdie Architects. The development, known as Old Port Square, will transform a four-acre block bordered by Exchange, Union, Fore, and Middle Streets, now filled with office buildings.

"We have a city that is now rebirthing for retail activity, for people living downtown once again," Soley said.

The 30-story tower, set to reach 380 feet, will feature both hospitality and residential spaces, with a sky lobby and restaurant offering panoramic views of Casco Bay and the White Mountains. If approved, it would surpass the current tallest building in Maine, 201 Federal Street, which is just over 200 feet tall.

However, the tower is just the centerpiece of the Old Port Square project, which includes plans for:

• Revitalization of older buildings for modern retail and restaurant use
• New hotels, offices, and residences
• Expanded parking and open spaces

Kevin Kraft, Portland’s director of Planning and Urban Development, explained, "The proposal would add significant density to an area that’s highly underutilized," adding that the plan wouldn’t require the demolition of existing structures or natural spaces.

Downtown Portland advocates are also expressing their enthusiasm for the plan. Cary Tyson, executive director of Portland Downtown, highlighted that developing the 55 Union Street area, which currently only hosts a drive-thru ATM, would activate the space and contribute to the city’s local economy.

The project must still undergo approval by the city’s planning board, and if all goes well, construction could begin within the next few years.

Originally reported by Alex Haskell in News Center Maine.