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$135M bond issue for Moosehead ski area set for FAME public hearing


An application for bonds that would raise $135 million to develop a ski resort on Moosehead Lake will go before a Finance Authority of Maine public hearing Monday.
Provident Group-Moosehead Lake L3C plans the resort for Big Moose Township, which is in the unorganized territory, about six miles north of Greenville, at the site of a once-thriving resort now run by a nonprofit as a small ski area. The L3C is the development team of Provident Resources Group, of Baton Rouge, La., in partnership with Big Lake Development LLC and Treadwell Franklin Inc., headed by Perry Williams, who lives in Louisiana and Spruce Head. ....

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As Developer Proposes Ski Resort Worth $75 Million In Maine's Moosehead Region, 3 Property Development Tips You Should Know


A 75 million dollar investment in Maine’s Piscataquis County could create up to 400 job opportunities and accumulate property taxes of about $2.9 million every year, Bangor Daily News reveals. Perry Williams, a Knox property developer, and Louisiana’s Provident Resources Groups plan to construct a ski resort viewing Moosehead Lake. Provident will team up with Perry’s firm, Big Lake Development, to source funds for the development project using bonds already authorized by the Finance Authority. The proposed ski resort will have a marina, hotel, ski lifts, condos, and other facilities. Investing in property development provides consistent cash flow opportunities, making it one of the best retirement income streams. If you’re looking to become a successful property developer, here’s how to develop property in Maine. ....

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