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Down East

Maine median home price up by 9.5% in November, outpacing national trend

Staff |

The median price for houses sold in Maine jumped by 9.5% to $219,000 in November from $200,000 a year ago, according to data released Thursday by the Maine Association of Realtors.

Six Maine paving plants part of $555M sale to global firm

Staff |

A Connecticut-based company that owns six hot-mix asphalt facilities in Maine sold its asphalt plants and paving division for $555 million to Eurovia SAS, a subsidiary of the Vinci Group in France,...

Whole Oceans partnering with USM on workforce development program

Laurie Schreiber |

Whole Oceans, a company planning to construct a land-based Atlantic salmon aquafarm on the site of the former Verso Paper Mill in Bucksport, will collaborate with the University of Southern Maine to...

Sizeable customer base seen for Maine Maritime Academy's new training center

Laurie Schreiber |

With 26,000 commercial mariners transiting the East Coast coastal and inland waterways at any given time, Maine Maritime Academy expects there will be a sizeable customer base for its new Center for...

Report: Maine public colleges lowest in New England for tuition and fees

Renee Cordes |

Maine's public colleges have New England's lowest average tuition and fee rates, says a report by the New England Board of Higher Education released this week.

Feds pump $73M into Maine for infrastructure projects

Staff |

Maine will be receiving almost $73 million from the federal government for transportation and water infrastructure projects across the state.

$2M awarded to Head Start programs in two counties

Staff |

Downeast Community Partners has been awarded $2 million for Head Start and Early Head Start programs.

Nonprofits buy property for affordable housing in Bar Harbor

Island Housing Trust and Maine Coast Heritage Trust have jointly acquired 60 acres on Mount Desert Island, with half to be used to build workforce-affordable housing.

Bar Harbor's deal for former CAT terminal rescheduled

Laurie Schreiber |

A plan for the state to sell the former CAT ferry terminal to the town of Bar Harbor has been delayed by the LePage administration.

Bar Harbor to partner with trade association on impact study of cruise ships

Laurie Schreiber |

Despite concerns from a member of the Bar Harbor Town Council, the governing body agreed this week to partner with the Cruise Lines International Association to study the potential impact of cruise...