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Feb. 10, 2025
Focus on Commercial Development

Baby, it's cold inside: $56M waterfront facility is poised to turn Portland into regional logistics hub

Renee Cordes

More than decade in the making, the Maine International Cold Storage Facility marks a new chapter for Portland — and Maine — just as the U.S. cold storage market is taking off.

Today's Poll

Do you support an increase in Portland's minimum wage?
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $19 per hour by 2028. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins. 

More Information