Opponents Of Plum Creek Plan Cite Economic Woes

Plum Creek's first proposal came four years ago, and the plan was revised three times before LURC approved it last fall.

But that was before the economic meltdown, critics said.

"Since September, the global economy has fallen into its most perilous condition since the Great Depression," Carson said. "The housing market has collapsed and foreclosures are at an all-time high. Credit markets are described as 'frozen.'"

Because demand for home lots has dried up, one of the requirements necessary for LURC to approve the proposal has evaporated, Carson said. He said applicants must demonstrate a need for the project.

Even if the economy were in better shape, Maine Audubon and the Natural Resources Council of Maine would still oppose the development. They say it's just too big for the region; they also oppose the creation of a resort on Lily Bay.

"We are urging the commission in the strongest possible terms to pause, reconsider, and restructure Plum Creek's proposal into a much smaller development plan," Carson said.

Supporters said Plum Creek's proposal represented a balance of interests and that a planned development over 30 years was better than haphazard development.