Report on Developer Plans to Build Student Housing

Mainebiz is reporting that developer Campus Crest Communities Inc. is planning to build a $25 million property in Orono near the UMaine campus. Campus Crest, which was founded by UMaine graduate Michael Hartnett, first announced the project in May 2009. The development will be ready by 2012-13, according to a news release from the company.

Contact: Jessica Bloch, 207-581-3777