Nonprofit buys Yarmouth property to preserve working waterfront

PORTLAND PRESS HERALD • December 27, 2021

The purchase of 12 acres on the Cousins River in Yarmouth could be just the start of an effort to set aside more of the state’s coastline for fishing and aquaculture concerns. A startup foundation, Sea Meadow Marine Foundation, partnered with Coastal Enterprises Inc. to borrow and raise $1.25 million to purchase the land, which has been used for years by boatyards and will receive infrastructure upgrades to attract other marine-related businesses. In addition, a newly formed aquaculture cooperative will operate on the property with plans to expand. Other groups using the site will include a local rowing club, a marine construction and barge business, and a boat storage and electric outboard motor dealer.