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Economic Development
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Rock Row unveils plans for $75M convention center that would be Maine's largest business venue
October 28, 2021The mixed-used complex now under development in Westbrook gains a key piece with the proposed addition of a 110,000-square-foot venue for conferences, meetings and other events.
October 28, 2021
Bangor’s transit transition: New depot aims to put transit on the map as transport of choice
Updated: November 1, 2021Fittingly called the Community Connector, the bus system in Bangor is a key driver in the region's economic vitality. Now the city is getting a downtown transit center whose impact will go far beyond the downtown.
Updated: November 1, 2021
Upcoming GrowSmart summit to seek economic silver lining in climate action
Updated: October 21, 2021A World Resources Institute expert in the economics of climate action will discuss engaging communities through opportunities such as offshore wind, community solar and EV charging stations.
Updated: October 21, 2021Mills announces $139M investment in Maine's pandemic recovery
October 19, 2021Gov. Janet Mills outlined $139 million in funding as a step towards helping small businesses. Additional measures will be announced later to help with job training, workforce housing, child care and other needs.
October 19, 2021
With new plan, Auburn aims for a revitalized downtown
October 19, 2021The city’s of Auburn’s five-year downtown revitalization plan, unveiled Monday, provides a vision and steps for creating an inviting downtown that includes development areas and a focal point for arts and entertainment.
October 19, 2021
Island Institute’s new head lays out long-term sustainability goal
Updated: October 18, 2021The president of the Rockland-based nonprofit has set an ambitious 10-year goal: helping Maine's maritime economy fight against climate change by reducing reliance on fossil fuels.
Updated: October 18, 2021
Harbor horizons: New waterfront investment seeks to enhance Camden’s power of attraction
Updated: October 18, 2021A 2020 fire severely damaged Lyman-Morse's facility on Camden Harbor, but the boatbuilder is rebuilding there. The president of the Thomaston-based company views the project as a way to serve both the customer base and the community.
Updated: October 18, 2021USM, UMaine get $500K for next steps in state's 10-year economic plan
October 8, 2021The University of Southern Maine and the University of Maine will use a $509,000 federal grant to fund technical assistance and research needed to implement the state's 10-year economic development strategy.
October 8, 2021
With grant, Maine hopes to reignite interest in coworking and collaborative workspaces
October 1, 2021Coworking and collaborative workspaces were growing in popularity across the state in 2019, but interest slumped in 2020. This week the state launched a grant program to create more spaces and support entrepreneurship.
October 1, 2021
Gulf of Maine Research Institute will use $750K grant to expand region's 'blue economy'
October 1, 2021GMRI’s Blue Economy Initiative envisions a “Gulf of Maine corridor” from Maine to Boston as a global hub of innovation. The grant aims to enhance the region’s seafood industry, create high-quality jobs, and generate blue economy entrepreneurship.
October 1, 2021
Maine-Nova Scotia CAT ferry service to resume in 2022
October 1, 2021After two canceled seasons during the pandemic, Bay Ferries Ltd. said it will resume service from Bar Harbor to Yarmouth, Nova Scotia, next spring.
October 1, 2021
Next: Economic development expert Garvan Donegan is building growth in central Maine
Updated: October 4, 2021In recent years he has been at the center of much of the economic redevelopment efforts in downtown Waterville, where efforts by Colby College have been paired with a host of commercial ventures. There's more in store.
Updated: October 4, 2021
Acadia, MDI towns push joint plan for affordable housing on 55-acre parcel
September 29, 2021Acadia National Park officials are proposing a joint initiative to develop a 55-acre parcel for affordable year-round and seasonal housing. But the proposal would require an act of Congress.
September 29, 2021Maine minimum hourly wage to increase to $12.75 in 2022
Updated: September 24, 2021State law requires annual adjustments to the minimum wage based on the cost of living index for the Northeast region.
Updated: September 24, 2021
Belfast study shows downtown is primed to build out, but challenges remain
September 22, 2021Nearly all of the downtown and waterfront properties can be built out under current zoning. And there's pent-up demand for residential development. But supplying it may be cost-prohibitive, the new study says.
September 22, 2021
HospitalityMaine releases 5-year workforce plan to rebuild industry 'in crisis'
September 15, 2021HospitalityMaine on Wednesday released a five-year roadmap for tackling the industry's workforce woes, including initiatives to attract more immigrants and people from disadvantaged communities to hotel and restaurant jobs.
September 15, 2021
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