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The $20.85 million off-market purchase of Bayside Village Apartments at 132 Marginal Way in Portland, a former student housing development, will be followed by another $11 million budgeted for redevelopment.
Two brew pubs and a coffee shop are just the latest businesses that have recently opened or are about to open in the Kennebec River city, as it aims to become a destination spot.
Montreal-based Copper Branch, a vegetarian restuarant, opened Wednesday in the glass oval building at 1 Canal Plaza.
Relocation is a top source of stress for military families, and two firms have begun participating in a national program that provides support and rebates for them.
Five businesses will be honored Wednesday by the city of Portland and the Portland Development Corp. for their role in expanding the city's economic vitality and quality of life.
Next week, ConvenientMD will open its fifth Maine urgent-care clinic and the company's fourth site this month. Nationwide, the industry is growing at a rapid pace too.
The King Ro Market in Round Pond dates back to 1874, serving customers through the eras of shipbuilding, granite-quarrying and coastal schooners right up to today.
The chairman of Pittsfield-based Cianbro Corp. was indicted on three criminal charges related to his firing of a small cannon during a Maine Maritime Academy football game in September.
Trademark Federal Credit Union bought 340 Main St., at Cash Corner in South Portland, in order to build its first branch available to the general community. Existing structures were torn down and the credit union’s new building is going up.
Portland's Maine Medical Center this week unveiled two new floors for oncology inside the expanded and newly named Coulombe Family Tower, part of an ongoing $534 million renovation of the hospital campus.
Northern Light Mercy Hospital has received a $1 million match-based donation to support its consolidation on Fore River Parkway in Portland.
The Boulos Co. recently completed three intertwined Portland real estate transactions in one day, resulting in two commercial property sales and a lease.
In this summary of recent construction business, Portland continues to be a hotbed of projects. And the approach of winter months doesn't appear to be dampening activity there.
The Ecology School in Saco has begun constructing campus structures designed to meet what are said to be the world’s most rigorous building performance standards.
Development projects in Portland, South Portland, Waterville and Bangor were among 15 vying for the tax credits from MaineHousing.
The Longfellow Hotel and proposed Munjoy Hill Historic District are also on the planning board's Dec. 10 agenda. In Augusta, planners consider rezoning part of a historic neighborhood to limit business development.
Sales of electric vehicles rose by 25% last year, with 17 million sold worldwide, according to the International Energy Agency's recent "Global EV Outlook." The trend is led by China, where half of the new cars sold were EVs.
In the U.S., sales of EVs increased by 10% last year, but that was off the pace of 2023, when a 40% gain was recorded.
The report noted a plateauing of sales in Europe, where some countries are rolling back incentives offered to EV buyers.
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 MoreWork 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 MoreWhether 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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