Developer Hopes to Extend Tracks to Benefit Portland ME Waterfront

(Source: Portland Press Herald - By Tom Bell)

Two real estate deals that Phineas Sprague Jr. completed last week will bring changes to the west end of Portland's waterfront, but not the change the state wants most: extending railroad tracks to the port's cargo terminal.

Not yet, at least.

....... Other potential developments on the western waterfront are more significant for the city, including extending rails to the International Marine Terminal and expanding the terminal to make space for a cold-storage warehouse..................  For several months, Sprague, Pan Am Railways and the state have been negotiating a deal that would enable Eimskip, the Icelandic shipping company that moved its North American operations to Portland in March, to significantly expand its container service operation here........

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