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Real Estate & Construction
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Augusta professional building sells for $8.7 million
Laurie Schreiber March 15, 2020Although the initial list price for a turnkey investment property in Augusta was dropped by $1 million, the ultimate $8.7 million deal shows active interest by both Maine-based and out-of-state investors.
Laurie Schreiber March 15, 2020
Portland planning board to decide Munjoy Hill Historic District March 17
Maureen Milliken March 12, 2020The Portland Planning Board will decide on whether a portion of Munjoy Hill will become a historic district — a move that would include more than 400 buildings — next week after three hours of board discussion and public testimony Tuesday night.
Maureen Milliken March 12, 2020
Central Maine Cancer Center gets initial DHHS approval
Maureen Milliken March 12, 2020State regulators have given conditional initial approval to the Central Maine Cancer Center, Central Maine Healthcare's planned $38 million project that would centralize and upgrade cancer services on its Lewiston campus.
Maureen Milliken March 12, 2020
Camden National relocates to new banking center in Damariscotta
Staff March 11, 2020Camden National Bank opened its new, 2,700-square-foot branch at 435 Maine St. in Damariscotta. It’s a “high-tech, high-touch banking center” that’s part of a three-building mixed use development.
Staff March 11, 2020
Maine coronavirus update: Cancellations, event changes and growing worry
Renee Cordes March 11, 2020A growing number of Maine organizations are cancelling large gatherings, closing college campuses and opting to conduct business online.
Renee Cordes March 11, 2020
Portland planning board to decide on Munjoy Hill Historic District
Maureen Milliken March 10, 2020For more than a century, Munjoy Hill was one of Portland's most densly packed working-class neighborhoods.
Maureen Milliken March 10, 2020
Century-old Herbert Grand Hotel once a Prohibition rendezvous
Laurie Schreiber March 9, 2020The Herbert Grand Hotel’s remote location in Kingfield limited the amount of interest when it went on the market. But it sold after a couple of months. The hotel was known as a Prohibition rendezvous, is certified "haunted” and is on the National
Laurie Schreiber March 9, 2020
House Island campground takes first step towards development
Maureen Milliken March 9, 2020The Portland Zoning Board of Appeals unanimously approved a conditional use permit for the 21-site campground at historic Fort Scammel; the plan also must be OK'd by the planning board and get a DHHS permit.
Maureen Milliken March 9, 2020
Mike Hammond, of Hammond Lumber, talks about lumber — the family business
Peter Van Allen Updated: March 9, 2020Mike Hammond is the third-generation leader of Hammond Lumber, which has grown dramatically since its founding in 1953 and today has 800 employees. Mike Hammond talked with Mainebiz about how a family business operates at that size.
Peter Van Allen Updated: March 9, 2020
Mercy Hospital sells its Portland building, but is leasing it back
William Hall Updated: March 9, 2020Northern Light Mercy Hospital completed a long-planned sale of its 77-year-old inpatient facility in Portland’s West End, paving the way for a team of developers to bring much-needed housing to the city.
William Hall Updated: March 9, 2020
A larger home for Maine’s largest credit union
Laurie Schreiber Updated: March 9, 2020Atlantic Federal Credit Union, which is now Maine’s largest credit union, bought an office building of nearly 100,000 square feet in South Portland to become the company's new headquarters.
Laurie Schreiber Updated: March 9, 2020
Insider Notebook: Forum to take a look at LEED construction and its future
Maureen Milliken March 4, 2020Also in this week's news, it's Women in Construction Week, a new Aroma Joe's opens on a former vacant lot in Lewiston and a Saco quilt maker just keeps expanding.
Maureen Milliken March 4, 2020-
Long-planned House Island campground proposal goes to Portland zoners
Maureen Milliken March 4, 2020A plan for a low-impact campground on historic House Island that's been in the works since 2017 goes before the Portland Zoning Board of Appeals Thursday.
Maureen Milliken March 4, 2020 
Atlantic FCU invests $18M in new SoPo headquarters
Laurie Schreiber March 1, 2020Atlantic Federal Credit Union bought a Class A 97,376-square-foot office building at 600 Sable Oaks Drive in South Portland to become its new headquarters, for $18.1 million. Atlantic will retain existing tenants and initially occupy the available
Laurie Schreiber March 1, 2020
Mercy Hospital sells its building in Portland's West End, will stay put for now
William Hall February 28, 2020Northern Light Mercy Hospital is planning to consolidate operations at its other Portland site. For now, Mercy will lease back the West End property from the new owner, who ultimately plans to convert it into housing.
William Hall February 28, 2020
Lark Hotels reboots historic Portland inn as eclectic guesthouse, Blind Tiger
Laurie Schreiber Updated: February 28, 2020Lark Hotels completed interior renovations of the former Danforth Inn in Portland and reopened as Blind Tiger, a nine-room guesthouse with eclectic styling. The property, bought at auction a year ago, adds to a portfolio spanning New England and
Laurie Schreiber Updated: February 28, 2020
Today's Poll
Sponsored by Kennebunk Savings Bank
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 was approved in Portland that will raise the hourly compensation to $19 within three years).
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.
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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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