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Before the sale, leases were secured for two of the three buildings, positioning the property as a strong investment opportunity with immediate income and long-term upside.
Construction of two affordable housing developments has finished up in Rockland and Augusta — part of the push in both cities and across Maine to tackle an affordable housing shortage.
Six Maine hospitals received a top A grade in the latest readout from the Leapfrog Group, a national watchdog group based in Washington, D.C.
Grants will provide up to $25,000 funding for exterior building upgrades that enhance commercial areas of the Kennebec County town.
The facility, a repurposed office building, has three times more classrooms than the Old Town location. Added capacity means more enrollment from rural areas.
The Maine Office of Cannabis Policy issued the original recall on Oct. 27, following an investigation into a consumer complaint of an adverse health reaction.
The project, slated tor completion in late 2026 and dubbed Clover Terraces, targets middle-income, first-time homebuyers — those who earn between 80% and 120% of the area median income.
Jackson Lab built a child care center on its Bar Harbor campus and began operations in early 2024 with Down East Family YMCA as the operator.
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
By using prefabricated panels for walls, elevator shafts, floors and roofing, Hebert Construction is fast-tracking building time on a 61-unit affordable senior housing project.
Rockland-based cartographer Margaret Wickens Pearce was named a 2025 MacArthur fellow in October.
Portland is cracking down on downtown retail landlords with fines that could range from $500 for storefronts empty for six months to as much as $7,500 for vacancies of a decade.
Without Lewiston's Central Maine Medical Center, Maine will have two remaining trauma centers, in Portland and Bangor.
A four-story dwelling in Blue Hill was once home to a recording studio for Noel Paul Stookey of Peter, Paul and Mary fame.
In time of the holiday shopping season, Maine Outdoor Brands has launched the MOB Web Shop featuring 25 member brands and nearly 200 products.
Since 2017, 60% of graduates, or more than 100, have been working in the industry. Demand for logging and forest trucking operators in Maine is high and projected to remain so.
Woodland Pulp and St. Croix Chipping, both in Baileyville, cited "a very challenging global pulp market from a pricing point of view."
Approved by voter referendum in 2020, the rule requires all housing projects with 10 units or more to commit 25% of the units to lower- to middle-income households or pay an in-lieu fee of $182,830 per unit.
The nonprofit named Orion Breen as its next executive director. He succeeds Eric Howard, who led the organization for two years.
Traffic and pedestrian movement were concerns related to a 30-story tower proposed for an Old Port infill site. The planning board has received pro and con public comments.
Payroll alone for UMaine employees with home addresses in Maine totaled $384 million in FY25, compared to $363.7 million in FY24.
Improving profitability is about focus and discipline, not complexity, our guest columnist writes along with some nuts-and-bolts advice for small businesses.
“We saw this property and thought it would be perfect for a bed-and-breakfast because of its architectural history and location,” said the buyer.
“The pump track has already been widely used, and we know this new structure will enable it to be a gathering place for birthday parties, picnics and enhance its role in the community,” said one town official.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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