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Thompson’s Point redevelopment project breaks ground

PORTLAND (WGME) -- Developers, along with city, state and federal leaders, broke ground today on the first stage of the Thompson's Point redevelopment project.

That's the site right off of I-295 and the Fore River. Developers plan to transform the rundown gateway to the city, bringing a sports and event center, hotel, restaurants, office space, condos, walking trails, an outdoor event center, and even a circus school.

Portland's mayor says he couldn't be happier about it

"When you look around, there is no place in Portland that is more in need of infrastructure, infrastructure improvements, than right here. We see it, what needs to be done," said Mayor Michael Brennan.

The $110 million project will take several years to complete, but the outdoor event center will be open this summer, with the first major event an outdoor beer festival.