"Historic preservation, retail and commercial uses, housing and jobs, as envisioned, this project will anchor the eastern waterfront and have a major impact at the local, regional and state level. It will take a strong public private partnership to make this vision a reality. Let's all roll up our sleeves !" — Jill Duson, At-Large Portland City Councilor & Chair of the Housing Committee
As reported by the Press Herald:
"A March 2015 economic analysis commissioned by the developer estimated that the project would add $85 million to the city’s tax base, generating an additional $1.7 million in annual tax revenue. It also estimated that direct and indirect construction-related spending would top $215 million, including 1,400 new jobs with wages totaling nearly $68 million. However, that analysis was based on a comparable area in the existing Old Port, rather than a specific redevelopment plan."