Portland developer lays groundwork for proposed tallest building, but process could be lengthy

Portland developer lays groundwork for proposed tallest building, but process could be lengthy

May 16, 2025

A proposal to build a 30-story, 380-foot-tall residential and hospitality tower in Portland’s Old Port is in the queue to go through the city’s major site plan review.

By Laurie Schreiber, Mainebiz

There’s no estimate how long that process could take or when the timing might be right to build, Tim Soley, the developer responsible for the proposal, told Mainebiz.

Soley is president of East Brown Cow which, with its affiliates, comprise a real estate management, investment and development firm in the Old Port. East Brown Cow is working on the project with Safdie Architects, a Boston design studio that works globally.

“We think of these things in terms of years,” Soley said.

He added, “When the time isn’t quite as challenging, we’ll be ready to go. If one doesn’t do that work now, things won’t be ready to go when the timing is right.”