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Real Estate & Construction
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Botto's Bakery, a Portland mainstay, plans move to Westbrook
November 15, 2022The Boulos Co. has listed Botto's Bakery at 550 Washington Ave. in Portland for $1.2 million.
November 15, 2022
FAME approves $93M in bonds to finance Rock Row infrastructure project
November 15, 2022The bonds will pay for roads, upgrades to utilities, recreational trails and a parking garage to support future development at the property. The project is expected to expand Westbrook’s tax base, create new jobs and have a big impact on regional
November 15, 2022
With holiday shopping season coming up, Waterville unveils revamped downtown
Updated: November 16, 2022Construction in the past two years has yielded improved walkways, lighting, landscaping and intersections in the downtown area, where the streets will be open to two-way traffic for the first time since the 1950s.
Updated: November 16, 2022
Developer Mark McClure turns to ‘build to rent’ concept for a Portland townhouse development
Updated: November 10, 2022McClure, a Cape Elizabeth native who recently broke ground on a 45-unit condo project in Cumberland Foreside, has his sights on a 60-unit townhome development in the North Deering neighborhood.
Updated: November 10, 2022
Construction starts on 45-unit Cumberland Foreside condo
Updated: November 13, 2022The Mark, as it will be known, is expected to be an $21.5 million investment. DeStefano & Associates, which is based in Portsmouth, N.H., is the general contractor, while Shinberg Consulting of Portland is the project manager.
Updated: November 13, 2022
Maine Celtics, Shaw Brothers and Springer's execs receive Junior Achievement awards
Updated: November 9, 2022A Junior Achievement event in Portland also showcased students from Gorham, Buxton and South Portland, who shared their experiences and thoughts with over 350 businesspeople in attendance.
Updated: November 9, 2022
Upcoming bridge work will affect highway traffic through Yarmouth
November 4, 2022A $27.6 million replacement of two bridges carrying traffic from I-295 will affect traffic near Exit 17 in Yarmouth.
November 4, 2022Auburn's affordable housing stock gets a boost
November 4, 2022Under the Maine State Housing Authority grant program, qualified residents can get up to 15% of actual construction costs, with a maximum of $30,000 per new unit constructed.
November 4, 2022
Holiday shopping doorbusters: Two retailers pop-up at Kittery Outlet Center
Updated: November 4, 2022Sea Bags and Regatta Great Outdoors, a British clothing brand, have both opened pop-up stores at the discount mall owned by Waterstone Properties Group. Another store will be opening later this month.
Updated: November 4, 2022
Rolling in the dough: Portland Pie acquires Falmouth Ricetta's
Updated: November 4, 2022The craft pizza maker leased the Falmouth restaurant space formerly occupied by Ricetta’s at 240 U.S. Route 1 in Shops at Falmouth Village. The goal is to open the week of Nov. 21.
Updated: November 4, 2022
Port Property invests another $20M in West Bayside, buying parking garage
Updated: November 3, 2022The real estate firm bought the parking garage within weeks of acquiring a portfolio of buildings for $25 million, bringing its total recent investment in West Bayside to $45 million.
Updated: November 3, 2022
Louisiana-Pacific's Houlton siding company building on recent expansion
November 2, 2022The Houlton facility was opened in 1981 as an oriented strand board mill and is LP’s second-longest running facility. This is LP’s third major capital expansion project at Houlton and second since 2021.
November 2, 2022
A 'topping off' at Maine's tallest building tops recent real estate news
November 2, 2022A topping off ceremony is held at 201 Federal St., a boat club finds winter storage inland, an Old Port hotel is dedicated and an engineering firm will have a short move to its new space.
November 2, 2022
National clothing retailer lands in Old Port
November 2, 2022Madewell cited Portland's "exciting growth” as a reason for opening its first Maine store in the Old Port. The NYC-based clothing retailer hopes to open in time for the holiday shopping season.
November 2, 2022
Maine accounting firm plants flag in Puerto Rico
Updated: November 2, 2022BerryDunn, which is based in Portland, has a team of 10 staff members in the overseas American territory.
Updated: November 2, 2022
Four years after last sale, a new set of innkeepers takes over historic Lincolnville B&B
Updated: November 21, 2022The deal was financed in part with a “rollover for business startups,” or ROBS, which provides penalty-free access to retirement income to buy a business and pay startup costs.
Updated: November 21, 2022
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