PORTLAND PRESS HERALD • April 6, 2021
The Massachusetts developer who purchased the east side of Saco Island in a foreclosure auction is proposing a housing project far smaller than previous high-profile development proposals for the downtown property. Edward “Ted” Moore submitted a proposal to the Saco Planning Board last week to build 12 duplex townhouses on the property where developers in the past have planned ambitious mixed-use developments to transform the empty parcel of land on the banks of the Saco River. The new plan for 24 three-bedroom units on the east side of the island is designed to bring more residents downtown to support local businesses.