- Associated Press - Wednesday, March 25, 2015

PORTLAND, Maine (AP) - Portland officials are giving final approval to design changes for a much-anticipated residential and retail development in the city.

Miami-based developer the Federated Co. wants to build three six-story buildings with 445 market-rate apartments and an 800-space parking garage with retail space in all four structures. The project is expected to help ease a housing crunch in Portland, where rental vacancy rates are nearly nonexistent.

The city’s Planning Board voted Tuesday to approve the final design changes. The Portland Press Herald (https://bit.ly/1N7rXxt ) reports Federated Co. spokesman Patrick Venne says he does not see the city’s final requirement of changes to the rooftop designs as an obstacle.

The project is set to be built on 3.5 acres in a former industrial neighborhood just outside downtown Portland.

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