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MEREDA Index: State's real estate activity hits 10-year high

James McCarthy |

The MEREDA Index, a quarterly measure of real estate activity in Maine, hit a 10-year peak through the third quarter of 2017, reaching 96 overall in a composite measurement covering new development,...

Mercy Hospital gets $5M boost for Fore River project

Mercy Hospital’s efforts to consolidate operations at its Fore River campus in Portland received a significant contribution to its capital campaign Wednesday, thanks to a $5 million pledge by...

New Bath trail along Kennebec River to foster waterfront development

The City of Bath plans to start construction this spring of a $1.8 million half-mile walking trail along the Kennebec River.

Cianbro completes New England's largest solar array


Cianbro Corp. has completed the construction and commissioning of the largest solar energy facility in Maine and within the jurisdiction of ISO New England.

Gelato Fiasco scoops up two new hires for growing management team

Renee Cordes |

Fast-growing Brunswick frozen-dessert maker Gelato Fiasco Inc. has added to its management team with two new hires and CEO Joshua Davis is promising there's more to come.

Nonprofit Avesta Housing adds paid parental leave as employee benefit


Portland-based nonprofit Avesta Housing announced Wednesday it has added paid parental leave to its employee benefits package, effective Jan. 1.

Lack of office, manufacturing space cited as issue in Portland


A severe lack of quality office and manufacturing space is straining the Portland area economy, Drew Sigfridson, managing director of brokerage services at CBRE | The Boulos Co., said at the Mainebiz...

Southport Boats move helping to fill former Associated Grocers of Maine warehouse


Southport Boats' lease of 70,056 square feet in a Gardiner warehouse once owned by Associated Grocers of Maine has helped to nearly fill the sprawling space on River Avenue. The move into the...

Damariscotta project, stalled by moratorium, moving ahead for a groundbreaking in spring


Ground will likely be broken on a 30,000-square-foot three-building mixed-use commercial project on Main Street in Damariscotta this spring that had been stalled due to a temporary moratorium...

CMP names new president/CEO to succeed Sara Burns


Central Maine Power Co., a subsidiary of AVANGRID Inc. (NYSE: AGR), a diversified energy and utility company, announced today that Douglas Herling, formerly vice president of electric operations, has...