Press

By Peter Van Allen, MaineBiz Developer Tom Watson, principal of Port Property, has a total of 2,000 housing units in greater Portland and Wilmington, N.C., and another 2,000 in the construction or planning stages. Maine is in a housing crunch and there’s a need for housing in both the affordable and market-rate categories. Even as Portland adoption of the Green New Deal, rent control measures and exclusionary zoning have sent other developers running for less-regulated cities

By the Boulos Beat In this episode, guest-hosting for Greg Boulos is Partner and Broker Nate Stevens, as he sits down with Tom Watson, founder and owner of Port Property Management. Founded with his father in 1993, Port Property Management owns and operates over 2,000 units in Greater Portland, as well as Wilmington, NC, Providence, RI, and Lowell, MA. Tom oversees management of over 100 unique properties in just the Greater Portland area – the majority of them in Downtown Po

By MaineBiz Developer Tom Watson has been doing projects in Portland since 1993, including Fisherman’s Wharf, but in the past three years, he’s focused on West Bayside. Projects include the mixed-use development at 82 Hanover St. and a 171-apartment building with ground-floor retail at 52 Hanover. Both are on former Portland Public Works properties. He’s also redeveloping nearby Bayside Village into another 196 workforce apartments and, in Biddeford, developing 71 units at th