Moosehead Lake Development To Boost Local Economy

11 August 2005 - 12:00pm

A newly released study finds that a resort development would bring much-needed tax revenue and economic growth to four Maine counties.

Based on his study Charles Colgan, a University of Southern Maine economist, says the Moosehead Lake development plan offered by Plum Creek Timber Co. would support an average of 800 jobs and generate an average of $41.5 million each year in personal income, including $19.8 million in Kennebec and Somerset counties. Critics of the development say that the scale of such development would forever change the wild and rugged region, and that the rezoning would set a precedent for sprawling development in the North Woods.

Source: Portland Press Herald, August 10, 2005
Bookmark and Share
Maybe we should blame Thomas Jefferson. He was the godfather of the urban sprawl racket in America.