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Real Estate & Construction
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Inside Maine's 'hottest' real estate towns of 2019
Maureen Milliken Updated: February 26, 2020It's no secret that Maine single-family house and condominium sales were off the chart in 2019, but the secret sauce that makes some towns and cities extra hot may not be as obvious.
Maureen Milliken Updated: February 26, 2020
Waterville, Bangor gear up for second round of downtown facade grants
Staff Updated: February 27, 2020The first round of grants for businesses along Main Street leveraged nearly $300,000 in investment, according to the Central Maine Growth Council, spurring another round.
Staff Updated: February 27, 2020
Bar Harbor-Nova Scotia ferry set to resume this June
Staff Updated: February 25, 2020After a 10-year hiatus, Bay Ferries Ltd. expects to resume service between Bar Harbor and Yarmouth, Nova Scotia, this June. It is updating the Bar Harbor terminal to accommodate the high-speed CAT ferry.
Staff Updated: February 25, 2020
King gets sneak peek at CMH Lewiston urgent care site
Maureen Milliken February 24, 2020The Lewiston-based health care system will open its second urgent care clinic next month, and U.S. Sen. Angus King applauded its model of greater access, lower costs and avoiding more invasive care.
Maureen Milliken February 24, 2020
Cape Elizabeth’s ‘Lumbery’ to serve small carpentry businesses, DIYers
Laurie Schreiber February 24, 2020The owner of a handyman business in Cape Elizabeth will open a small building supply store for do-it-yourselfers and small carpenters, called the Lumbery, at 287 Ocean House Road in Cape Elizabeth. The environmentally sustainable renovation includes
Laurie Schreiber February 24, 2020
Maine home sales volume hits all-time January high, while prices soar over 10%
Renee Cordes Updated: February 24, 2020The data show the market for Maine single-family homes is continuing the momentum of 2019. However, other data show volume and price declines in some parts of the state.
Renee Cordes Updated: February 24, 2020
Furman Block in Portland takes shape
Peter Van Allen Updated: February 24, 2020Hebert and Szanton team up in Portland and in Auburn, while other construction projects in Maine range from a medical office building in Norway to Gardiner's replacement of the Bridge Street Bridge.
Peter Van Allen Updated: February 24, 2020Maine ranks No. 4 for improving level of current mortgages
Staff February 21, 2020The portion of mortgages in Maine that were delinquent or in foreclosure fell by over 14% from last August through January, the fourth-largest decrease in the country.
Staff February 21, 2020
WEX wins tax break on $50M Scarborough building plan it's 'eager' to begin
Renee Cordes February 20, 2020With a $2.25 million tax break from Scarborough now secured, payment services provider WEX Inc. says it's all systems go for the company's planned operations center at The Downs.
Renee Cordes February 20, 2020
Facing cost overruns, Portland scales back renovations on four public schools
Staff February 20, 2020The renovations, funded by a $64 million bond approved in 2017, would cost $105 million in today's economy, the city school district says. So it's cutting back on the planned work.
Staff February 20, 2020
Windham mixed-use development gets preliminary planning board OK
February 20, 2020The Sunrise Cove development, which includes 60 condominiums for those 55 or older, as well as six commercial spaces on U.S. Route 302, could break ground in the fall, pending Department of Environmental Protection approval.
February 20, 2020
Insider Notebook: Ishi Ishi Ramen is latest Black Box tenant
Maureen Milliken February 19, 2020Noodle shop Ishi Ishi Ramen has opened at The Black Box retail incubator in Portland, occupying space that had housed The Cheese Shop.
Maureen Milliken February 19, 2020
Portland preservation board mulls plan for 46-room hotel in city's West End
William Hall February 19, 2020If plans are approved, the four-story boutique hotel would replace a former gas station and convenience store.
William Hall February 19, 2020
Colby announces development plans for buildings it bought in 2015
Maureen Milliken February 19, 2020The college plans an arts collaborative in some of the first property it bought in downtown Waterville five years ago, across the street from its under-construction Lockwood Hotel.
Maureen Milliken February 19, 2020
Sugarloaf, following two other top Maine ski resorts, unveils expansion plans
Staff February 19, 2020The expansion includes more trails, lifts, parking and room to ski on the resort's West Mountain, as well as support for summer business. Sugarloaf is one of three large Maine ski resorts that have announced expansion plans in recent weeks.
Staff February 19, 2020
Kennebunkport ‘Captains Collection’ features four historic inns
Laurie Schreiber February 17, 2020With two recent acquisitions, Lark Hotels now owns four historic inns, in Kennebunkport’s residential historic district and packaged as the Kennebunkport Captain’s Collection. Asking prices over $3 million were found to limit the buyer pool.
Laurie Schreiber February 17, 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.
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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