Plans are underway for a technology and education campus to replace the B&M Beans plant in Portland, reflecting the changing culture and economy of the city.

A nonprofit representing the Roux Institute at Northeastern University is buying the iconic waterfront factory and plans to build a public-private complex with classrooms, research space, offices, housing, shops, restaurants, a hotel and public parkland on the 13.5-acre parcel.

The B&M plant that has made traditional New England baked beans for more than a century will shut down by the end of the year, according to its owner. Production of baked beans and other canned foods now made primarily at the Portland factory will move to plants in the Midwest, said B&G Foods, B&M’s parent company. Read more