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Economic Development
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In time for ski season, Saddleback Mountain will unveil affordable housing complex
November 16, 2023The $10 million Saddleback House project is designed to attract and retain seasonal staff to Saddleback Mountain, and could help draw summertime employees for local restaurants and retail shops.
November 16, 2023
Questions persist, next steps loom as Portland inks stadium deal with pro soccer team
Updated: November 16, 2023On Monday, the Portland City Council OK'd the use of Fitzpatrick Stadium by what will likely be Maine's next pro sports team. But the work is just beginning.
Updated: November 16, 2023
5 Portland businesses to be honored by city in return of annual awards
November 9, 2023The city of Portland's Annual Business Awards will return next week after a four-year hiatus. Winners range from a nonprofit to one of the state's largest health care providers.
November 9, 2023
Presque Isle looks to improve safety, ease traffic with downtown redesign
November 9, 2023The Aroostook County city looks to address issues like narrow parking spaces, confusing roadways and poorly marked sidewalks. It will also account for Amish horse-and-carriage traffic.
November 9, 2023
14 central Maine businesses receive grants for pandemic recovery
November 8, 2023For one grantee, the support has enabled the business to increase inventory, propel expansion, and “cultivate a welcoming community environment.”
November 8, 2023
More than 40% of households in most Maine counties struggle to afford basics
Updated: October 30, 2023Households individuals might be employed, but limited assets and income constraints make it difficult to cover basic costs of living. The problem is compounded by households in poverty.
Updated: October 30, 2023
Greater Portland Council of Governments among Maine nonprofits receiving EPA funds
October 26, 2023Working waterfronts, food forests and heat pump installations were among projects selected to receive over $3.5 million to advance environmental justice.
October 26, 2023
Auburn unveils plans for mixed-income housing project
Updated: October 17, 2023Home ownership is an important goal for the Winter Oaks Housing Development. “We wanted people to be local, to have a buy-in as property owners,” said one city planner.
Updated: October 17, 2023
Downtown Waterville continues to build momentum with provisions retailer
October 13, 2023The owner of Main Street Provisions fell in love with the craft beer industry and artisan community in Portland. The revitalization of Waterville’s downtown made the timing right.
October 13, 2023
Lisbon Falls looks to liven downtown with launch of artisan store
Updated: October 10, 2023Earlier this year, the nonprofit Lisbon Artist Collective connected with over 50 local artists to promote the arts and develop a new retail space.
Updated: October 10, 2023
Study: Portland’s historic districts don’t force housing costs up, or residents out
Updated: October 4, 2023Among the findings of a consultant, there's no evidence that the designation of a historic district leads to residents being displaced. And rents in the historic districts have grown at a rate nearly identical to that of Portland overall since 1990.
Updated: October 4, 2023
Portland ranks among best 20 small cities in US, says WalletHub report
Updated: October 4, 2023Out of 1,300 U.S. cities with populations between 25,000 and 100,000, Maine’s largest city ranks in the top 20 for livability, according to a new study.
Updated: October 4, 2023
40 Under 40: Denise Cilley is expanding the economic horizon in Downeast Maine
Updated: October 2, 2023Each day, Denise Cilley is cultivating new beginnings for business and prosperity in Washington County through her work with the Sunrise County Economic Council.
Updated: October 2, 2023
Central Maine Growth Council hires grant and finance manager
Updated: September 28, 2023Nicole Timmins will oversee CMGC’s granting efforts, including managing the grant administration process, preparing financial reports and ensuring compliance with grant regulations.
Updated: September 28, 2023
On MDI, four towns band together to tackle problems of scarce affordable housing
Updated: September 26, 2023The median home price on Mount Desert Island in 2022 was $646,125, while the median household income on MDI in 2022 was $75,889 — less than half of what would be needed to afford such a home.
Updated: September 26, 2023
Freeport 'fit-up' grant program offers incentive to spruce up retail and commercial venues
September 13, 2023Investors have said they see a new momentum toward filling commercial spaces left vacant by the growth of online shopping, the 2009 recession and the pandemic.
September 13, 2023
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