Hinckley pulls out of marina project

WISCASSET, Maine – After two years of involvement in the Point East Maritime Village in Wiscasset, Maine, boat builder The Hinckley Co. has removed itself from the project, the Portland Press Herald reported in an article yesterday.

In February of 2005, Hinckley committed to operating the development’s proposed 239-slip marina and boatyard, but last month it pulled out without explanation, developers told the newspaper.

The marina, once complete, is expected to be one of the largest along the Maine coast. Other features planned for the project include single-family homes, condominiums, an underground parking garage and a village square with retail stores and restaurants, the newspaper reported.

Developers are confident they will be able to replace Hinckley with another marina and boatyard operator. The newspaper reported that project manager Scott Houldin has already had six marina operators express interest. The first phase of marina construction is slated to begin in November and be completed no later than March.

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