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Portland-based Maine Cooperative Development Partners has approvals for a total of 62 housing units at Dougherty Commons. Construction of the final phase of 42 additional condos is planned for early 2026.
Situated on 2.5 acres at 118 Maverick St. near downtown Rockland, the 50,000-square-foot building includes 49 apartments, targeted for residents aged 55 and over.
Traffic from Portland south over the Veterans Memorial Bridge will see construction delays into 2026.
The Freeport general contractor promoted employees with backgrounds in finance, passive house construction, L.L.Bean projects and affordable housing development.
Branches slated for closure are located in Gorham, Fairfield, Fort Kent and Houlton.
An increase in median days on market might indicate that sellers may be overpricing their homes, resulting in longer listing times before securing offers.
The first phase of a $6.9 million housing development in Waterville is complete, adding a mix of 20 market-rate and workforce residential units across nine buildings.
After testing the Portland market for four years, the owners of furniture retail company Chilton decided to close and sell its Scarborough location after more than 30 years there.
Energy upgrades and additional tenant amenities are being added to the eight-story Harbor Terrace apartment building in Portland's West End.
The Maine Downtown Center program has added Waterville and Van Buren to the 30 towns it will assist in creating more vibrant communities.
Sargent Corp., an employee-owned general contractor based in Orono, has promoted Carey Sheehan to vice president of accounting and administration.
A roundup of commercial leases compiled for the Thursday Mainebiz Real Estate Insider.
Maine’s clean energy workforce reached nearly 15,600 jobs in 2023, growing at a rate nearly twice that of the state’s overall workforce since 2019. But employee recruitment and retention remain a challenge.
Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in February 2025.
The on-again, off-again threat of tariffs is throwing Maine business owners and economic prognosticators for a loop.
The expansion, at the institute’s 276 Canco Road campus, broke ground last November and reflects the conservation research nonprofit’s gradual but steady growth in recent years