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Economic Development

  • Microbrewery boosts Lubec's economy

    December 13, 2016

    In just a year, Lubec Brewing Co., a microbrewery of craft beers that use hops grown by local farmers and organic grains grown in Maine, has gained a central place in helping revitalize the year-round local economy.

    December 13, 2016

  • Florida developer eyes commercial space on India Street

    December 12, 2016

    Portland Norwich Group LLC, with offices in Florida and New Hampshire, is proposing three more buildings for the India Street neighborhood in Portland.

    December 12, 2016

  • More tweaks to 58 Fore St. plan sought

    December 12, 2016

    Portland's Historic Preservation Board is asking for up to 12 planned townhouses to be removed from the proposed redevelopment of 58 Fore St., but developer James Brady hopes to continue talks.

    December 12, 2016

  • Focus turns to Mill 5 in Bates Mill's rebirth

    Laurie Schreiber December 12, 2016

    With much of the space occupied by commercial and residential tenants in seven restored historic buildings at the Bates Mill Complex, the largest and last of the buildings to be redeveloped is seeing interest from potential tenants as near as Main

    Laurie Schreiber December 12, 2016

  • Newcastle considers code to enhance neighborhoods

    December 9, 2016

    A neighborhood-enhancement technique called form-based code could help Newcastle become more residential- and business-friendly.

    December 9, 2016

  • Boothbay region has a new chamber director

    December 2, 2016

    Patricia Royall is promoted to executive director of the Boothbay Harbor Region Chamber of Commerce.

    December 2, 2016

  • Portland Buy Local hires first executive director

    December 1, 2016

    Portland Buy Local, which was started a decade ago to represent independent businesses, has selected Jenn Thompson as its first executive director.

    December 1, 2016

  • Biddeford: Parking shortage costing jobs

    November 30, 2016

    Biddeford city officials are concerned a lack of parking spaces downtown is costing jobs and putting the community's revitalization at risk.

    November 30, 2016

  • FAME financing boosts Thompson's Point project

    Staff November 29, 2016

    The Finance Authority of Maine has approved a $500,000 direct loan to Forefront Brick South LLC to help finance property improvements and working capital related to the redevelopment of a vacant building into an events center at Thompson's Point in

    Staff November 29, 2016

  • Picking up Pickering: Bangor square revitalization on tap

    November 29, 2016

    Revitalization of downtown Bangor and the city's waterfront continues, with city officials considering redevelopment of Pickering Square, a block from the waterfront, a key parcel for the ongoing west side rehabilitation that should be finished by

    November 29, 2016

  • Eastern Maine Economic Development lands $500K grant

    November 29, 2016

    U.S. Economic Development Administration has awarded a $500,000 Economic Recovery Assistance grant to Eastern Maine Development Corp., which will use the funding to establish a plan to support redevelopment and revitalization in Eastern Maine.

    November 29, 2016

  • Portland: New office seeks to connect immigrants with employers

    November 28, 2016

    The City of Portland is considering opening a new office aimed at helping immigrants, minorities and other economically hard-pressed residents connect with businesses and service providers.

    November 28, 2016

  • Report details Island Institute's 2016 impact on islands and coast

    James McCarthy November 28, 2016

    The Rockland-based nonprofit reported operating revenue of $5.47 million and almost $5.4 million in operating expenses, which included $883,179 being spent on community development and $1 million on economic development.

    James McCarthy November 28, 2016

  • Open for Business? Maine is 49th in Forbes' 'Best states for business'

    November 21, 2016

    Forbes Magazine's annual “Best States for Business” list came out last week and Mainers can again grit their teeth. This year, the Pine State falls back to the No. 49 position — yes, the second-to-worst ranking — and one notch down from last year's

    November 21, 2016

  • Rural development boosted with $80M in New Markets Tax Credits to CEI

    Staff November 18, 2016

    The U.S. Department of Treasury has allocated $80 million in New Markets Tax Credit capacity to CEI Capital Management, which the nonprofit says it will use for economic development projects in rural, low-income communities across Maine and the

    Staff November 18, 2016

  • State oversight committee votes to overhaul business tax incentives

    November 18, 2016

    Maine will join a number of other states in developing a 10-year economic development plan after the Legislature's Government Oversight Committee voted to submit legislation that will overhaul Maine's business incentive programs.

    November 18, 2016

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Today's Poll

Do you support an increase in Portland's minimum wage?
Poll Description

The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.

The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)

The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour. 

While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins. 

More Information