Thompson's Point project in Portland gets FAME funding

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PORTLAND — The Finance Authority of Maine has approved a $500,000 loan to help build an events center at Thompson’s Point.

The loan to Forefront Brick South LLC, announced Tuesday, was made in partnership with the Portland Development Corp.

Developers plan a 35,000-square-foot events center as part of the $120 million redevelopment project on land at the Fore River and behind the Portland Transportation Center.

“This financing will allow us to proceed with renovation of the Brick South historic rail building into a multi-use event center, which will showcase the building’s historic character and provide much-needed event space for a variety of event types,” Forefront Partners principal Chris Thompson said.