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Real Estate & Construction
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Saco's seafood cluster: Location, affordable space are netting new businesses
Laurie Schreiber Updated: February 10, 2020With easy transportation access, plentiful real estate and a business-friendly environment, parts of Saco are becoming a hub for more of Maine's seafood processors and distributors.
Laurie Schreiber Updated: February 10, 2020
Building a community: Manufactured home residents go co-op
Maureen Milliken Updated: February 10, 2020With housing options for low and moderate-income residents in York County increasingly sparse, some of them banded together to take some control over the situation. The co-op they formed is part of a growing trend.
Maureen Milliken Updated: February 10, 2020
At The Downs in Scarborough, a ‘live-work-play’ community is rising
Renee Cordes Updated: February 10, 2020The 525-acre site, which once supported a nearby harness racing track, is seeing a different type of competition as businesses jockey to develop the mixed-use complex.
Renee Cordes Updated: February 10, 2020
A $90M bet on Biddeford aims to turn an empty lot into an urban ‘pearl’
Renee Cordes Updated: February 10, 2020As Portland gets more crowded and expensive, Biddeford has attracted new businesses and new life to its former textile mills. The latest development hotspot: the site of a former waste-to-energy incinerator.
Renee Cordes Updated: February 10, 2020Southern Maine’s ever-evolving business climate
Peter Van Allen Updated: February 10, 2020While this issue focuses on southern Maine, there’s a recurring theme in some of these stories.
Peter Van Allen Updated: February 10, 2020
Small leases are big in Monument Square transformation
February 5, 2020A flurry of investment in the downtown district, once considered old and worn out, is driven by a tight office space market and small tenants seeking nice Class B space.
February 5, 2020
Children’s Museum launches $14M campaign for new site in Portland
Staff February 4, 2020The Children’s Museum & Theatre of Maine is hoping to raise $14 million to fund construction of its future 30,000-square-foot home at Thompson’s Point. Work is already underway on the new facility, expected to attract nearly 250,000 visitors a
Staff February 4, 2020
Portland-area investor thrives on looking for the next deal
Laurie Schreiber February 3, 2020A Falmouth real estate investor has completed a range of transactions over the past six months aimed at expanding his portfolio of commercial assets. Since September, Wayne Berzinis has bought and sold properties in South Portland, Portland, Gorham
Laurie Schreiber February 3, 2020
State sees record level of property valuation, tax officials say
Staff Updated: January 31, 2020The 2020 state valuation is up 5.52%, the greatest annual valuation growth since 2008. The largest increases were in York and Cumberland counties.
Staff Updated: January 31, 2020
Maine School of Masonry partners with government to promote worker safety
Staff Updated: January 31, 2020The Maine School of Masonry in Avon is partnering with state and federal regulatory agencies on a two-year informational program designed to improve worker safety in the masonry industry.
Staff Updated: January 31, 2020
Colby completes 'food triangle' with lease to Portland restaurant owners
Maureen Milliken January 29, 2020The college was looking for the right tenant for the remaining 4,000 square feet of Alfond Commons, and the owners of Portland Alpine & Hunt Club are the latest southern Maine business to find a home in downtown Waterville.
Maureen Milliken January 29, 2020
Insider Notebook: Blue Marble Geographics rolls into Brunswick
Maureen Milliken January 29, 2020The GIS software company wants its R&D functions to be closer to Portland is it grows and adds employees; Jewett Construction's work on the Jordan's Furniture store at the Maine Mall is underway and on schedule for spring opening.
Maureen Milliken January 29, 2020
Sun Life site in Portland gets OK from planning board
Maureen Milliken January 29, 2020The first phase of what ultimately may be 1 million square feet of development along Portland's eastern waterfront will include nine buildings with 442,500 square feet of office, residential, retail, restaurant and parking space.
Maureen Milliken January 29, 2020
Boulos report: Portland-area real estate market won't succumb to history
Maureen Milliken January 28, 2020While history says a slump is coming, the area real estate market will continue to flourish, with some bumps caused by rising construction costs and tight inventory, the Portland firm says in its annual report.
Maureen Milliken January 28, 2020
FAME financing approval paves way for Saddleback sale, reopening
Staff January 28, 2020The Finance Authority of Maine approval is key to the $23.5 million financing package that will allow Artaris Impact Investors to buy and renovate the Rangeley ski resort, which has been closed since 2015.
Staff January 28, 2020
UMaine System endorses move to joint accreditation, approves USM construction
Staff Updated: January 28, 2020Trustees of Maine's public university system green-lighted a proposal to seek a single accreditation for the system's seven schools. In another vote, trustees OK'd the planned $100 million construction project at the University of Southern Maine.
Staff Updated: January 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.
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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