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Maine's North Woods At A Crossroads

Posted by: Abhijeet Chavan
Thanks to: Mike Lydon
7 April 2005 - 10:00am

Maine residents with concerns about the impact of the project have already petitioned LURC to freeze development around Moosehead until the state creates a long-range plan to guide growth there.

One of Maine's biggest landowners, Plum Creek Timber Co., filed a long-awaited application Tuesday to develop thousands of acres of forestland in the Moosehead Lake region into home lots and resorts.The application formally sets in motion what could become the state's largest development project, and what is sure to be a long and contentious debate over development and preservation in a prominent section of the North Woods

Full Story: Landowner files plan for homes, two resorts
Source: Portland Press Herald, April 6, 2005
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The decision to abandon a property is a symptom of the loss of confidence. And while abandonment certainly affects confidence among surrounding homeowners, the most important question to answer is not "how do we deal with abandoned properties?" but "what is the most cost-effective way to restore market confidence, and how do abandoned properties fit into that picture?"
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