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Economic Development
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19 Maine housing authorities to receive $9.5M for home upgrades
Updated: February 14, 2020The municipal housing agencies span the state, from Sanford to Van Buren, and the funds will help pay for their local efforts to preserve and modernize public housing properties.
Updated: February 14, 2020
Auburn's 48 Hampshire to be completed in May
February 13, 2020The 53-unit building will include a mix of market-rate and workforce apartments, and is one of several new developments expected to bring residents to downtown Auburn and Lewiston.
February 13, 2020
Digital 'story maps' help market Bangor as cultural destination
Updated: February 12, 2020Bangor is deploying a high-tech tool to market the city as an arts and culture destination — "story maps," which are customized, digitally available tours. Artistic and cultural attractions help generate $10 million annually in economic activity for
Updated: February 12, 2020
The Downs, Rock Row developers share projects' state of play, expected impact
Updated: February 12, 2020The high-profile, mixed-use complexes, covering a total of over 600 acres in Scarborough and Westbrook, are both under construction and both firsts of their kind, the developers said. Or at least firsts for the developers.
Updated: February 12, 2020
Bar Harbor: How many cruise ships are too many?
Updated: February 11, 2020Nearly 200 cruise ships with a total capacity of almost 300,000 passengers have booked visits to Bar Harbor this year, part of a continuing upward trend that has the town council concerned about the impact of the visits.
Updated: February 11, 2020
Coastal access, climate change key as Maine Coast Heritage Trust turns 50
February 6, 2020Fresh from raising $125 million, the nonprofit's president says protecting Maine land is more important than ever, both for environmental and economic development reasons.
February 6, 2020
Maine's largest wealth management firm poised for further growth
Updated: February 6, 2020The new CEO of R.M. Davis talks to Mainebiz about hiring plans, and what he thinks sets the Portland firm apart from a rivals.
Updated: February 6, 2020
Saco's seafood cluster: Location, affordable space are netting new businesses
Updated: February 10, 2020With easy transportation access, plentiful real estate and a business-friendly environment, parts of Saco are becoming a hub for more of Maine's seafood processors and distributors.
Updated: February 10, 2020
At The Downs in Scarborough, a ‘live-work-play’ community is rising
Updated: February 10, 2020The 525-acre site, which once supported a nearby harness racing track, is seeing a different type of competition as businesses jockey to develop the mixed-use complex.
Updated: February 10, 2020
A $90M bet on Biddeford aims to turn an empty lot into an urban ‘pearl’
Updated: February 10, 2020As Portland gets more crowded and expensive, Biddeford has attracted new businesses and new life to its former textile mills. The latest development hotspot: the site of a former waste-to-energy incinerator.
Updated: February 10, 2020Southern Maine’s ever-evolving business climate
Updated: February 10, 2020While this issue focuses on southern Maine, there’s a recurring theme in some of these stories.
Updated: February 10, 2020Portland awards funds to 11 groups that helped asylum seekers
February 5, 2020Eleven nonprofit and government organizations have been awarded a total of $104,000 by the city of Portland for providing help to asylum seekers last summer.
February 5, 2020
15 Downeast nonprofits awarded MCF grants to boost innovation
Updated: February 4, 2020A total of $106,000 from the Maine Community Foundation was awarded to organizations including the Haystack Mountain School of Crafts and Coastal Enterprises Inc.
Updated: February 4, 2020
With Saddleback sale finalized, focus turns to opening for 2020-21 season
February 3, 2020Arctaris Impact Investors LP plans to open the Rangeley resort, closed since 2015, in December, and also is aiming to partner on affordable housing and other initiatives in the region.
February 3, 2020
Boothbay Harbor debates plans to save historic footbridge
Updated: February 3, 2020Boothbay Harbor’s historic footbridge, a favorite of photographers, has been the subject of a planning process to save it from decay. But sea level rise could also mean it would more feasible to replace the structure.
Updated: February 3, 2020
In Ellsworth, a history project sets out to boost downtown cachet
January 30, 2020Heart of Ellsworth has received a $10,000 grant from the Maine Community Foundation to add a historical focus to a local newsletter. The goal is to promote the downtown and attract business.
January 30, 2020
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