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Real Estate & Construction
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Maine home sales down but median price continues to rise
Staff July 23, 2020Home sales declined 4.3% in June, but the median sales price reached $249,000, up 4.15% from a year ago.
Staff July 23, 2020
Auburn's commercial and residential development continues at 'unprecedented' rate
Staff July 23, 2020Between February and June this year, Auburn granted permits for 288,212 square feet of space, and recently has made planning approvals for another 269,000 square feet plus two solar projects.
Staff July 23, 2020
College of the Atlantic and MDI nonprofit to partner on Northeast Harbor development
Staff Updated: July 22, 2020The COA Mount Desert Center will bring student and faculty housing and retail in pursuit of promoting economic vitality.
Staff Updated: July 22, 2020
Large multi-family portfolio sale reflects ongoing interest in Augusta
Laurie Schreiber July 20, 2020The off-market sale of a large portfolio of multifamily housing units in Augusta netted a profit for the sellers and bolstered the portfolio of the buyer, who has similar properties in southern Maine and Greater Boston.
Laurie Schreiber July 20, 2020
Proposed SoPo condos would abut oil tank farm
William Hall Updated: July 20, 2020The 12-unit condominium development would occupy a vacant property in South Portland's Pleasantdale neighborhood, next to a 23-tank oil storage facility operated by Portland Pipe Line Corp.
William Hall Updated: July 20, 2020
Midcoast inn fast-tracks restaurant, bar renovations during pandemic shutdown
Maureen Milliken Updated: July 22, 2020Staying at home meant not waiting on renovations to the restaurant, and addition of a bar, for owners of the Craignair Inn. They also enhanced a partnership with neighboring Clark Island, which has just been preserved by Maine Coast Heritage Trust.
Maureen Milliken Updated: July 22, 2020
JAX proposes employee housing development near Bar Harbor campus
Laurie Schreiber July 17, 2020A shortage of year-round housing in Bar Harbor has prompted the Jackson Laboratory to propose a development of 44 units for its employees.
Laurie Schreiber July 17, 2020
Falmouth Center development moves ahead, but on a smaller scale
Maureen Milliken July 15, 2020While plans for a 400,000-square-foot mixed use development were scuttled at the site on Route 1, a new four-story office and retail building was just approved by the planning board, and upgrades to the 60-year-old shopping center have it fully
Maureen Milliken July 15, 2020
Lewiston may create inspection program for lodging houses
William Hall July 14, 2020The inexpensive housing establishments have been inspected by the Maine Department of Health and Human Services. But DHHS may end its oversight of them.
William Hall July 14, 2020Maine real estate group names seven 'Notable Projects' for 2019
Staff July 14, 2020The Maine Real Estate and Development Association named seven commercial developments, from Arundel to Bangor, as winners of the group’s annual awards. The award presentation has been postponed because of the COVID-19 pandemic.
Staff July 14, 2020
New Colby art museum chief has background in community engagement
Staff Updated: July 14, 2020Colby College Museum of Art’s new director brings a background in public engagement from her time at the Art Institute of Chicago and New York City’s Metropolitan Museum of Art.
Staff Updated: July 14, 2020
'Troubled' Maine State Cultural Building closed for upgrades, asbestos removal
Maureen Milliken July 13, 2020The 55-year-old building that houses the state museum, library and archives, will not only get a full mechanical upgrade, but also be cleared of asbestos, which has been an ongoing health issue for state employees. It will be closed indefinitely.
Maureen Milliken July 13, 2020
SoPo industrial property attracts quick sale
Laurie Schreiber Updated: July 13, 2020In a tight industrial market, the listing of an industrial building in South Portland attracted multiple offers and a quick sale. AV Technik LLC sold 76 Darling Ave. with a leaseback through September while its larger facility in Scarborough is
Laurie Schreiber Updated: July 13, 2020
Kittery receives $252K grant for planning better traffic flow, housing
Staff July 10, 2020The town, with Portsmouth Naval Shipyard and the Southern Maine Planning and Development Commission, is looking to implement recommendations developed last year around transportation, housing and communication.
Staff July 10, 2020
Construction begins on Colby's downtown Waterville arts collaborative
Maureen Milliken July 10, 2020The historic brick block at the south end of Main Street, long vacant, will be turned into performance and studio space and more, and is across the street from Colby College's under-construction Lockwood Hotel.
Maureen Milliken July 10, 2020
20% of the new Downs housing in Scarborough reserved in 24 hours
Laurie Schreiber Updated: July 10, 2020Single-family homes offered in the second phase of the Downs development in Scarborough were attracting interest as quickly as the first, according to the developer.
Laurie Schreiber Updated: July 10, 2020
Today's Poll
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision will be voted on in Portland that could raise the hourly compensation to $19).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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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