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Economic Development
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Maine ranks near bottom for business, CNBC says
July 18, 2022The state doesn't fare well in a national comparison of business environments. Still, there were some positive marks in the ranking.
July 18, 2022
Planned $8.6M Skowhegan River Park project gets first corporate sponsor
Updated: July 18, 2022Franklin Savings Bank has made a financial pledge to advance the project, which would create a paddling and outdoor recreation area in the downtown river corridor.
Updated: July 18, 2022
Waterville gets $500K brownfields grant to help spur development
July 7, 2022The city will use EPA funding to encourage commercial and industrial growth, as well as to boost existing housing stock.
July 7, 2022
Hoping to attract business, this central Maine city built a park — and they came
Updated: July 11, 2022Development of the Gardiner 95/295 Business Park was a long time coming. It’s viewed as a central location in a business-friendly city, and activity there has greatly expanded in recent years.
Updated: July 11, 2022
Augusta ‘on the cusp’: Residential development gathers momentum in Maine’s capital
Updated: July 11, 2022Maine's capital city is entering a boom, attracting new residents and new developers, and could be poised for even more.
Updated: July 11, 2022
Labor, child care among pressing needs in Aroostook County’s new assessment
Updated: July 6, 2022The challenges must be addressed collectively, with numerous stakeholders, to ensure people can achieve and maintain stability, said one community leader.
Updated: July 6, 2022
Auburn, 'America's YIMBYest city,' sees new high in construction permits
July 1, 2022Commercial and residential development is sizzling in Auburn, which set a record this year for permitted construction value and investment.
July 1, 2022
Tourism in Maine’s national park, sites creates $770M in economic impact
Updated: June 27, 2022Maine's federal recreation areas, including Acadia National Park, had more than 4.1 million visitors last year. Hotel and restaurant spending were the largest contributors.
Updated: June 27, 2022
Maine will reimburse commercial fishermen, aquaculturists $8.3M for license fees
Updated: June 24, 2022The first round of payments will amount to $4.2 million and will be mailed by the end of the month. As one example, the holder of a Class II lobster license with 800 lobster tags would receive $1,203.
Updated: June 24, 2022
FirstPark, in Oakland, sells four lots for solar development in $500K deal
Updated: June 23, 2022Once online, the 3.64-megawatt, 6,154-panel solar array would provide power to residential subscribers and small businesses in the area.
Updated: June 23, 2022$200K in grants will help 5 Maine regions improve coastal infrastructure
Updated: June 22, 2022The funds will be used for harbor management plans, increasing public access to the shore, designing and updating water access facilities, and waterfront resiliency planning.
Updated: June 22, 2022
Roux Institute picks next 5 entrepreneurs for residency program
Updated: June 22, 2022The startup leaders in the new cohort represent high-growth sectors, from food tech to fintech to health tech.
Updated: June 22, 2022
With former Brunswick Landing leader aboard, Loring Commerce Centre is ready for take-off
Updated: June 20, 2022Steve Levesque, the former Midcoast Regional Redevelopment Authority leader who transformed Brunswick’s naval air station into a thriving business community, has similar goals for Loring.
Updated: June 20, 2022New Maine Cabinet on Aging will tackle housing, other issues
Updated: June 14, 2022The panel, created by Gov. Janet Mills, will coordinate and advance work on affordable housing and other issues related to Maine's aging population.
Updated: June 14, 2022
Skowhegan's downtown rebirth draws on a collective effort
Updated: June 13, 2022Skowhegan's efforts to revitalize the downtown are paying off with new businesses and more recreation options on the riverfront.
Updated: June 13, 2022
Target market: Commercial development sizzles in Auburn, adding to L-A region’s appeal
Updated: June 13, 2022The Androscoggin County city is attracting a growing number of franchises and factory expansions.
Updated: June 13, 2022
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