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Presque Isle Hampton Inn
Photo Credit: CEI Capital Management LLC

BLD Hospitality LLC

Presque Isle, ME
July 2008

Development of a 93-room “flagged” Hampton Inn built to LEED standards, which including recycling 95% of an abandoned armory that once sat on the site. The project catalyzes the redevelopment of a blighted downtown site and strengthening Presque Isle’s business and tourism infrastructure and has helped the local Nordic Heritage Ski Center and the Maine Winter Sports Center secure the hosting rights to the 2014 IBU World Youth/Junior Biathlon Championships and the U.S. Biathlon Association’s World Cup in 2011 and 2016.

 

Project Facts:

CCML Financing: 
$11,000,000
Financing Program: 
Federal New Markets Tax Credits
Tax Credit Investor(s): 
Katahdin Trust, The First
Learn more about the Presque Isle Hampton Inn

Community Benefits:

Permanent Jobs Created/Retained: 
32
Sq Ft Constructed: 
56,264