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The need for more housing in Maine is acute, but it's stymied by a lack of pro-growth policies at both the state and local levels, according to panelists at an event in Portland.
Real estate couples have said they like the firm’s support structure for spouse-led real estate businesses and profit-sharing model.
The building is mostly leased but provides flexibility for new tenants when there’s turnover, with options including higher-end retail, services, offices and housing.
The bank has steadily grown its presence in the Granite State over the past seven years.
The 1857 Italianate mansion that stands on the corner of Spring and High Streets in Portland's arts district has been carefully repurposed to preserve the character of the building while adapting it for present-day use as architectural offices.
Building on its strategic location in the middle of prime ski and trail country, numerous businesses have been opening, expanding or transitioning in the Oxford County town of Bethel. The local chamber is creating new branding and marketing assets
The housing squeeze has resulted in roughly half of workers in both cities commuting close to two hours daily from their homes in more rural areas.
The village of Berwick is in the midst of a building boom that will add a total of 265 housing units and 30 commercial spaces to the downtown, along with a new “Main Street” at the project’s center.
Bath Housing Authority is finishing construction on its first new housing project in 40 years targeted to households whose income does not exceed 80% of the area mean income.
Matthew Tonello was recently inducted into the University of Maine’s Francis Crowe Society, as an alumni who has made significant contributions to the engineering profession.
Franklin Savings Bank, which is based in Farmington, previously had a loan-production office in Ellsworth. This is its first full-service branch in the Downeast region.
The nation needs to do more to increase the housing supply and improve access to home ownership, members of the trade association told lawmakers.
The site offers the organization an enduring setting to cultivate traditional crops, steward natural resources and host cultural and educational programming.
The nonprofit center has been serving people in need for 30 years in rented space in the Trinity Episcopal Church. A new facility under construction will quadruple the center’s space, allowing it to expand services to meet the growing demand.
Gurnet Real Estate Group, a real estate investment and management firm with offices in Boston and Portland, acquired Wenbelle Apartments in an off-market deal for an undisclosed purchase price
Renovations include installation of an eight-bay service shop, a showroom and tire warehouse.
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.
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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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