The private-public partnership will cost the developer $17.2 million and the boutique hotel will have 87-beds. Author: Hannah Yechivi (NEWS CENTER Maine) Published: 9:29 PM EDT July 29, 2021 Updated: 10:06 PM EDT July 29, 2021 ORONO, Maine — A boutique hotel at the University of Maine in Orono is what some of the future development projects include. "At the moment the proposal includes space for 87-rooms and is estimated at $17.2 million development cost. At this stage, again, we are still verifying numbers and looking at what will be possible, but we are very excited," said UMaine President Joan Ferrini-Mundy. The hotel plans were advanced by university trustees. The site for the project is where currently two historic and empty UMaine buildings sit.