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Portland clears way for 270 affordable housing units
Maureen Milliken August 6, 2020Financial incentives for four city housing projects were approved by the city council, which also set regulations for rental application fees, often a barrier for low-income renters.
Maureen Milliken August 6, 2020
On the Record: Greg Mitchell, Portland's economic development director, says 'real test' lies ahead
Greg Levinsky Updated: August 10, 2020As the city focuses on retaining businesses during the pandemic, there's been no slow-down in active construction projects, he tells Mainebiz. The question is whether planned ones will move forward to shovels-in-the-ground.
Greg Levinsky Updated: August 10, 2020
Waterville developer Mitchell turns his focus to residential property
Maureen Milliken Updated: August 5, 2020It's hard to miss the activity on the last southern block of Main Street in downtown Waterville, between the construction of Colby College's Lockwood Hotel, the renovation of 14-20 Main St.
Maureen Milliken Updated: August 5, 2020
Maine, Vermont nonprofits merge to drive housing development in northern New England
Maureen Milliken August 5, 2020Northern New England Housing Investment Fund, which has been a part of dozens of affordable housing projects across Maine, has merged with Housing Vermont to form Evernorth, which will serve low- to moderate-income residents of Maine, New Hampshire
Maureen Milliken August 5, 2020
Former soccer star, developer move the ball toward their goal: pro team in Portland
Renee Cordes Updated: August 7, 2020After raising $500,000 in an initial round of capital, Gabe Hoffman-Johnson and Jonathan Culley talk to Mainebiz about their game plan for launching a United Soccer League team in Maine's largest city.
Renee Cordes Updated: August 7, 2020Mills doubles size of Maine's new rent assistance payments
Staff August 3, 2020Maine renters can now receive up to $1,000 to pay for rent during a three-month period, under an order issued last week by Gov. Janet Mills.
Staff August 3, 2020
Retail roundup: Sea Bags opens in Kennebunkport, Dunkin' plans closures
Renee Cordes Updated: August 3, 2020As Sea Bags expands in its home state, Massachusetts-based Dunkin' Brands plans closures across the country. However, the impact in Maine is not yet clear.
Renee Cordes Updated: August 3, 2020
After 136 years, Maine Water Co. breaks ground on $50M treatment facility
Staff July 31, 2020The Saco River Drinking Water Treatment Facility will serve roughly 40,000 residents of Biddeford, Old Orchard Beach, Saco and Scarborough, and is expected to go live in the spring of 2022.
Staff July 31, 2020
Village market to be revived in South Freeport
Laurie Schreiber July 31, 2020The new owners plan to renovate the long-vacant building to house an up-to-date market and café, as well as a new 600-square-foot commercial rental space.
Laurie Schreiber July 31, 2020
L.L. Bean CEO says new wholesale partnerships off to a strong start
Renee Cordes Updated: July 31, 2020Stephen Smith, president and CEO of the Freeport-based outdoor gear and apparel retailer, talked to Mainebiz about the rationale behind partnerships with Staples and two other retailers unveiled earlier this month.
Renee Cordes Updated: July 31, 2020
Realtors cite ‘mosh-pit environment’ with recent surge of home sales
Greg Levinsky July 29, 2020After a slow spring, Realtors say desirable properties are receiving multiple offers, sometimes from buyers who haven’t seen the property in person. Much of the interest is being spurred by out-of-state buyers.
Greg Levinsky July 29, 2020
FirstPark seeks developer for remaining acreage
Laurie Schreiber Updated: July 31, 2020The pandemic has increased the value of producing, manufacturing and buying products made in the U.S., which could make the Oakland business park more attractive, its executive director says.
Laurie Schreiber Updated: July 31, 2020
New Portland condo project targets middle-income market
Laurie Schreiber Updated: July 29, 2020The project features 23 one- and two-bedroom condominiums priced between $200,000 to the high $300,000s, below Portland's 2019 average condominium sales price of $444,000, according to the developers.
Laurie Schreiber Updated: July 29, 2020
Maine auto-racing legend, real estate developer Bob Bahre dies at age 93
Staff July 28, 2020Under his ownership, Oxford Plains Speedway became one of the country's most popular venues for short-track auto racing. Bahre also led the development of shopping centers and homes across Maine, and was a prominent backer of Oxford Casino.
Staff July 28, 2020
UMaine’s new patent leverages the state's forest products industry
Staff Updated: July 28, 2020The process eliminates the use of formaldehyde, a potentially cancer-causing chemical, in the manufacture of construction materials such as particleboard.
Staff Updated: July 28, 2020
Hot Portland market and low risk attract Maine firm to multi-family properties
Laurie Schreiber July 27, 2020Maine-based BJB Realty LLC, specializing in multi-family assets, sees plenty of opportunity in a low-risk asset class.
Laurie Schreiber July 27, 2020
Today's Poll
Sponsored by Kennebunk Savings Bank
With 2026 coming up fast, Maine businesses are preparing for Maine Paid Family and Medical Leave program to take effect.
The program is designed to protect paid leave for up to 12 weeks a year to care for an ill family member or bond with a new child. For employees, it's a great perk; for employers, there are challenges and costs associated with getting into compliance.
The Giving Guide
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
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
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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