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Chris Rhoades and Andrew Preston say they'll decide how to use the downtown building's mostly vacant office tower and submit their restoration plans to the city by February.
The developers have delayed starting a project to convert the building into a hotel – and are now considering if that's the best course given challenging economic conditions.
ServisFirst Bank held a ribbon cutting ceremony Thursday afternoon to celebrate it first Panama City location.
A proposed overhaul of the iconic Time & Temperature Building in downtown Portland has now received approvals from the city's planning board, and is going to the Portland Historic Preservation Board.
The conversion of Portland's iconic Time & Temperature Building to a hotel would, if approved, be overseen by a hotel developer with a track record. Fathom Cos., which is about to open the Canopy By Hilton hotel in the Old Port and converted the old Portland Press Herald building into the Press Hotel, would lead the renovations, if approved by the city. Fathom, led by Jim Brady, had not been associated with the project until now. The story was first reported by the Portland Press Herald. Fathom’s proposal calls for converting the office building into a 186-room hotel, with banquet ro...