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Economic Development
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Report: Maine casinos created 1,500 jobs
November 20, 2014The Hollywood Casino in Bangor and the Oxford Casino in Oxford have created nearly 1,500 jobs, according to a new industry study.
November 20, 2014Old Town plan could call for anchor retailer
November 19, 2014A master plan for redevelopment of Old Town’s downtown could call for a major retailer like Trader Joe’s or L.L.Bean to move in and spur economic activity there.
November 19, 2014Report: Maine's aging population hinders growth
November 18, 2014Maine’s economy will experience slow and steady growth through 2019, but it will still be held back by its aging population and its lack of population growth, a state economist said Monday.
November 18, 2014CEI, MCF partner to boost rural development
November 17, 2014The Maine Community Foundation has partnered with Wiscasset-based CEI (Coastal Enterprises Inc.) to boost downtown- and fisheries-related development in rural Maine.
November 17, 2014Innovation exists in Maine, but does everyone know that?
November 17, 2014It's strange to think about the perceptions I had of Maine growing up, especially when I look at the position I'm in now — at the age of 25 — and how those perceptions have radically changed.
November 17, 2014Rising sea levels to impact Bath businesses
November 12, 2014Rising sea levels in the next 100 years are expected to have an impact on Bath’s downtown waterfront area and a number of businesses along with it.
November 12, 2014Verso quiet on future of Bucksport mill
November 10, 2014Verso Paper is appearing quiet on the future of its to-be-closed Bucksport mill, just as workers are beginning to receive notice of job opportunities from out of state.
November 10, 2014MRRA eyes $2M bond to fix aging infrastructure at Brunswick Landing
November 5, 2014The Midcoast Regional Redevelopment Authority plans to float a $2 million revenue bond next year to pay for upgrades of aging sewer, water and electrical systems at Brunswick Landing.
November 5, 2014Downeaster to add Kennebunk stop
October 29, 2014The operator of the Amtrak Downeaster is planning to add a seasonal stop in Kennebunk, which is expected to boost the town’s tourism efforts.
October 29, 2014Group urges vote on job-creating ballot measure
October 29, 2014A coalition of Maine businesses is urging voters to approve ballot question No. 3 on Nov. 4, saying it will continue funding two state loan programs that have created thousands of jobs.
October 29, 2014Jay couple seeks partners to redevelop mill
October 28, 2014The owners of the Otis Falls Mill in Jay are seeking investors and a developer to help them redevelop the former paper mill, possibly opening it up for use by the movie industry.
October 28, 2014Portland waterfront to be site of New England ocean 'cluster'
October 16, 2014Patrick Arnold, president of SoliDG Inc., which manages the International Marine Terminal in Portland, and Thor Sigfusson, owner of the Iceland Ocean Cluster, announced today the launch of a Portland-based incubator to help Maine companies d
October 16, 2014
Chris Thompson moving on Portland waterfront development
October 6, 2014Walking around Thompson's Point in Portland on a fall afternoon, it becomes clear that progress is moving forward for the $105 million mixed-use development that aims to transform the 30-acre industrial site into an arts-and-entertainment hub, or,
October 6, 2014Feds give $1.2M to boost Maine food production
September 30, 2014Organizers running food production efforts across the state are receiving $1.25 million in federal funds, in part to expand access to healthy food in rural areas.
September 30, 2014Portland waterfront plan faces uncertain future
September 29, 2014A plan to transform a 10-acre Portland waterfront property into a mixed-use development could be stymied by a preservation group's bid to give the land greater protection.
September 29, 2014
Portland developer partners with State Theatre to develop outdoor concert site
September 29, 2014The development of an outdoor concert venue in Portland is moving forward after a local developer signed a long-term agreement with the company that operates the State Theatre.
September 29, 2014
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