Portland is following in Bangor's live entertainment footsteps.

The general manager of The State Theatre, Lauren Wayne, has signed a deal to operate a new outdoor concert venue in Portland. The location along Portland's waterfront is Thompson’s Point. The news comes after many attempts to find an outdoor concert venue in the city and surrounding areas.

This past summer, Waterfront Concerts utilized the city owned Maine State Pier as a venue. The pier was host to Alanis Morissette, country star Dierks Bentley and 3 Doors Down.

The Maine State Pier has a capacity of about 3,000 people. The venue at Thompson’s Point will have a capacity of about 5,000. Nothing compared to the Darling’s Waterfront Pavilion here in Bangor, which has a capacity of about 15,000. It's a start though!

The Thompson’s Point peninsula is getting a $105 million facelift. Developers have been looking to incorporate a concert venue in the redevelopment plan. The venue will be located on the southern tip of the peninsula.

Other plans call for an arena for the minor league basketball team the Maine Red Claws, as well as office space, the Circus Conservatory of America and a 'makerspace' called the Open Bench project.

The venue should be ready by summer 2015. No acts have been booked yet.