Please do not leave this page until complete. This can take a few moments.
The project, slated tor completion in late 2026 and dubbed Clover Terraces, targets middle-income, first-time homebuyers — those who earn between 80% and 120% of the area median income.
The buyer is the conservation group Penobscot Bay Waterkeeper, which paid Nordic Aquafarms Inc. $1.5 million for the site.
Stephanie Albert will streamline procurement and contracting processes, enhance compliance practices and support both internal teams and clients.
The prospective buyer, Safe Harbor Marinas, is the largest marina and superyacht servicing business in the U.S.
The $5.5 million sale included a 2,500-square-foot house on nearly 22 acres, much of which will be turned over to the Kittery Land Trust.
The vacant properties were part of a mixed-use project that never got off the ground.
The Central Maine Growth Council has named Matthew Boulerice its 2025 "Developer of the Year," in recognition of his decade-long commitment to rehabbing neglected properties in Waterville and beyond.
A new facility in Brunswick will expand the nonprofit's capacity to shelter 60% more people, providing support to both adults and families experiencing homelessness in the midcoast.
By using prefabricated panels for walls, elevator shafts, floors and roofing, Hebert Construction is fast-tracking building time on a 61-unit affordable senior housing project.
Portland is cracking down on downtown retail landlords with fines that could range from $500 for storefronts empty for six months to as much as $7,500 for vacancies of a decade.
A four-story dwelling in Blue Hill was once home to a recording studio for Noel Paul Stookey of Peter, Paul and Mary fame.
Approved by voter referendum in 2020, the rule requires all housing projects with 10 units or more to commit 25% of the units to lower- to middle-income households or pay an in-lieu fee of $182,830 per unit.
Traffic and pedestrian movement were concerns related to a 30-story tower proposed for an Old Port infill site. The planning board has received pro and con public comments.
Payroll alone for UMaine employees with home addresses in Maine totaled $384 million in FY25, compared to $363.7 million in FY24.
“We saw this property and thought it would be perfect for a bed-and-breakfast because of its architectural history and location,” said the buyer.
“The pump track has already been widely used, and we know this new structure will enable it to be a gathering place for birthday parties, picnics and enhance its role in the community,” said one town official.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn More
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
In order to use this feature, we need some information from you. You can also login or register for a free account.
By clicking submit you are agreeing to our cookie usage and Privacy Policy
Already have an account? Login
Already have an account? Login
Want to create an account? Register
This website uses cookies to ensure you get the best experience on our website. Our privacy policy
To ensure the best experience on our website, articles cannot be read without allowing cookies. Please allow cookies to continue reading. Our privacy policy