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Economic Development
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Transit recommendations for South Portland's Broadway corridor ready for public input
June 17, 2021Timely bus service, adaptive traffic signals and accommodation for bicycle and pedestrian travel are seen as important for improving neighborhood character and encouraging future development.
June 17, 2021
$10M awarded to 7 Maine community development financial institutions
June 17, 2021Awards up to $1.8 million will help create financial products and services to support business development and address critical needs such as affordable housing. “You don’t just rebuild what you’ve lost. You build what you hope to have,” said one
June 17, 2021
UMaine committee recommends keeping in-state tuition flat
June 15, 2021The recommendation to hold in-state tuition flat will go to a final vote before trustees next week as part of the fiscal year 2022 budget.
June 15, 2021
Sanford furthers downtown revitalization with Westside Village road improvements
Updated: June 14, 2021The city plans to invest nearly $2.3 million in roadway improvements that make up part of a larger downtown revitalization effort. The improvements build “momentum toward our economic revitalization,” one city official said.
Updated: June 14, 2021
Mill town momentum: Residential development heats up on Lewiston’s Riverfront Island
Updated: June 14, 2021The riverfront of Maine's second-largest city is the site of new development, new residents and new energy — two decades after Lewiston planners laid out a vision for making the area an urban destination.
Updated: June 14, 2021
Rumford rising: With new development, the town is showing it’s about more than the mill
Updated: June 14, 2021George O’Keefe, economic development director, shows Mainebiz around the Oxford County town, and the business hot spots that are transforming it.
Updated: June 14, 2021
King cosponsors bill to bolster tourism industry, seasonal businesses
Updated: June 10, 2021The recently introduced Visit America Act would formally authorize the U.S. Travel and Tourism Advisory Board and create an assistant secretary position within the U.S. Commerce Department focused specifically on tourism.
Updated: June 10, 2021
New study ranks Maine's economy eighth-worst in the US
June 7, 2021The analysis by financial website WalletHub examined 29 criteria, ranging from the percentage change in GDP last year to the share of each state's population in poverty. Maine's ranking was the worst among states in the Northeast.
June 7, 2021
Data center's plan for Millinocket marks milestone for mill site's redevelopment
June 7, 2021California-based Nautilus Data Technologies will build an 84,000-square-foot data center on the former Great Northern Paper mill site, becoming the anchor and first tenant for the innovation and technology campus there.
June 7, 2021
As Bar Harbor’s housing crunch continues, a proposal for 10 affordable units may help
June 7, 2021The cluster development would include six single-family homes and two duplexes. The projected development cost is $1.5 million. Lack of affordable housing means most people working on Mount Desert Island live off-island.
June 7, 2021
Mills urges swift passage of economic recovery plan
June 7, 2021Maine's governor is urging state lawmakers to take swift action in implementing the Maine Jobs & Recovery Plan, a nearly $1 billion proposal to put Maine’s economic recovery back on solid footing.
June 7, 2021
Lewiston council approves TIF for housing proposal in part of Continental Mill
June 3, 2021A 72-unit, mixed-income housing development is proposed for a 79,000-square-foot building that’s part of the larger 560,000-square-foot Continental Mill complex. The TIF would help the developer cover a $1 million funding gap in the $16.8 million
June 3, 2021
Eight Maine communities picked for climate resilience pilot project
June 2, 2021The communities, in three different corners of the state, will develop climate change resilience plans that can be used by any town or city to make adapting to climate challenges more uniform.
June 2, 2021
Rumford seeks the right developer for former motel site
Updated: June 2, 2021The town has issued a request for proposals for the 4.77-acre site on U.S. Route 2 that was once home to the Linnell Motel.
Updated: June 2, 2021
Maine Women’s Fund awards $155K in grants to 16 nonprofits
Updated: June 1, 2021The organizations received awards of $7,500 and $10,000 and ranged from a just-launched center providing bilingual child care in Washington County to a program offering support for victims of elder abuse.
Updated: June 1, 2021
New Mainers land teller jobs, as training program opens doors for immigrants
Updated: May 30, 2021A program launched by a group of Maine financial institutions and Portland Adult Education is now helping immigrants begin careers in finance. For some New Mainers, the opportunity is a long-held dream.
Updated: May 30, 2021
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