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Real Estate & Construction

Growing Acadia Federal Credit Union to open Bangor Broadway branch

Staff |

The Fort Kent-'based credit union says growth in the Bangor area prompted the addition, and the branch will open in October.

Piscataquis County: The under-the-radar hot spot in Maine real estate

Maureen Milliken |

A combination of county-wide economic development, focus on destination tourism and low prices have boosted house sales in the sparsely populated region.

Developer will partner with Canopy by Hilton on Portland hotel project

Renee Cordes |

Jim Brady's Fathom Cos. will team up with Canopy by Hilton on a new Portland waterfront hotel slated to open in spring 2021, the companies announced on Wednesday.

Saco Lofts development taps appeal of Saco-Biddeford's 'hip, cool market'

Laurie Schreiber |

Saco Island West LLC is wrapping up the redevelopment of Building 3, at 100 Main St. in the Saco Mill Complex in Saco, introducing 22 “micro” residential rental units on the upper stories...

Chicago firm invests in historic Boothbay Harbor resort

Laurie Schreiber |

Stonehouse Capital, a private investment firm headquartered in Chicago, bought Spruce Point Inn in a private sale.

Southern Maine single-family home sales still down from last year

Staff |

Single family home sales in York and Cumberland counties are well below the same time last year, according to Maine Home Connection, which tracks monthly residential sales in southern Maine.

Sea Bags seaside strategy, growth leads to five store openings

Laurie Schreiber |

The openings will expand the Portland-based company's retail operations, which stretch from Maine to Florida, to 24.

Colby College announces architect, management firm for downtown hotel

Maureen Milliken |

Colby College has named an architect as well as a management company for the hotel it plans to build on Main Street in Waterville.

$14M financing for Rock Row project will upgrade transportation links

Staff |

Developers of the Rock Row project in Westbrook have secured $14 million in bond financing for the two million-square-foot mixed-use development in an agreement that will pay for public...

Maine Maritime Museum launches $3.3M ‘first impressions’ upgrade

Staff |

Maine Maritime Museum broke ground this week on what it says will be a “transformative” $3.3 million renovation of its Bath grounds.