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The facility, a repurposed office building, has three times more classrooms than the Old Town location. Added capacity means more enrollment from rural areas.
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.
Before the sale, leases were secured for two of the three buildings, positioning the property as a strong investment opportunity with immediate income and long-term upside.
Historically, winter has offered a reprieve from the frenzied pace of the spring and fall market activity. “I predict that we are moving closer to experiencing a seasonal slowdown ahead,” said one broker.
Portland Little League aims to raise $1 million to revitalize all of the city’s fields.
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.
New construction across the state includes school expansion in Cumberland, a new hotel in Bridgton, additional showroom and service space for a car dealer in Brunswick and affordable housing for seniors in Gray.
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.
Sponsored by Kennebunk Savings Bank
The days after Thanksgiving are the traditional start of the holiday shopping season. Many shoppers are already setting their sights on the whirlwind of holiday shopping — Black Friday, Small Business Saturday and Cyber Monday.
Major retailers like Walmart, Target, Amazon and Best Buy have already launched early deals, giving shoppers a head start on savings.
A record 186.9 million people plan to shop from midnight on Black Friday through Cyber Monday, according to a consumer survey by the National Retail Federation. The figure is up by more than 3 million total shoppers from last year's record.
The National Retail Federation forecast also calls for holiday spending to surpass $1 trillion for the first time, with sales predicted to grow between 3.7% and 4.2% from 2024.
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.
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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.
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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.
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