Moosehead Lake Development To Boost Local Economy

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

1 minute read

August 11, 2005, 12:00 PM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


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.

Thanks to Mike Lydon

Wednesday, August 10, 2005 in Portland Press Herald

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