The Portland Development Commission owns the land but has a $3.6-million disposition and development agreement that involves developers Homer Williams, John Carroll and Gordon Sondland. The PDC is seeking an increase in the maximum building height to 200 feet from between 125 feet and 150 feet.

The PDC and the developers argue that the increase in maximum height would result in taller, thinner buildings that wouldn't block views and would allow for more open space and, therefore, better public access to the waterfront. As well, the urban renewal project would generate tax increment revenue that could be used to pay for infrastructure improvements and encourage more redevelopment of the heretofore industrial riverfront.

The planning commission, however, prefers its existing step-down-to-the-river zoning, and is recommending the city council reject the proposal. Other concerns expressed by commission members and citizen opponents of the idea--many of whom live in condos that would be able to see the buildings instead of the river--are that it would set a precedent for other tall buildings that could block existing views and create a canyon-like experience from the river.

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.