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Real Estate & Construction
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Downtown deals advance Lewiston’s plans for redeveloped neighborhoods
September 26, 2019The purchase of three neighboring properties on Pine Street, in downtown Lewiston, is aimed at advancing plans to improve the city’s affordable and market-rate housing stock and general neighborhood revitalization.
September 26, 2019Lewiston looks for housing committee members
September 26, 2019The Lewiston City Council, which in June began considering the creation of an offshoot dedicated exclusively to shaping the housing policies of Maine’s second-most populous city, is now looking to staff the committee.
September 26, 2019
A disruptor: GO Lab’s wood-fiber products could jolt the insulation market
Updated: September 30, 2019Joshua Henry is co-founder and president of GO Lab Inc., founded in 2017 to develop and manufacture innovative, environmentally responsible, wood fiber insulation as an alternative to traditional types.
Updated: September 30, 2019
Nothing tiny about this partnership
Updated: September 30, 2019Portland Container Co., will team up with a Houlton company, Tiny Homes of Maine, to outfit the container startup's OpBox products.
Updated: September 30, 2019
Inside the new Waterville Opportunity Zone 'megafund'
September 25, 2019The fund, created by the Central Maine Growth Council, is designed to better leverage investment for the city's Opportunity Zone, rather than one project, and is the first to be created by an economic development entity in New England.
September 25, 2019
Westbrook home-insulation company acquired by Ohio chain
September 25, 2019Northeast Spray Insulation Inc., a Westbrook-based installer of home insulation, has been acquired by Installed Building Products Inc., which has 175 branches nationwide.
September 25, 2019
Good Shepherd Food Bank to dedicate new Hampden distribution center
Updated: September 25, 2019Good Shepherd Food Bank, Maine’s largest hunger-relief organization, on Thursday will celebrate the opening of its new Hampden food distribution center and the completion of a $5 million capital campaign.
Updated: September 25, 2019
Rosemont Market consolidates production, warehouse at Stevens Avenue site
September 24, 2019The company's warehouse, bakery and food production are now under one roof, part of its effort to increase local food offerings at its six stores in Portland, Cape Elizabeth, Yarmouth and Falmouth.
September 24, 2019
Mixed-use development to break ground near downtown Portland
Updated: September 24, 2019The redevelopment of Portland’s Bayside neighborhood continues, as local developer the Szanton Co. breaks ground Wednesday on the Furman Block, a mixed-use building featuring street-level art space and 51 mixed-income apartments.
Updated: September 24, 2019
One of Portland's few remaining downtown infill lots goes under the shovel
September 23, 2019One of the increasingly rare infill lots in downtown Portland is now under development, as workers broke ground last week for construction of a six-story mixed-use building at 40 Free St.
September 23, 2019
Investor sees cash flow opportunity in two South Portland industrial sites
September 22, 2019PK Realty Management of South Portland bought 1 Lincoln St. and 53 Wallace Ave., industrial properties that are both in South Portland, for existing cash flow and potential redevelopment opportunities.
September 22, 2019
Maine home sales and values up in August
Updated: September 23, 2019August real estate data suggest 2019 is on track to earn a spot among record years for single-family Maine home sales. Aroostook and Washington counties saw particularly strong numbers.
Updated: September 23, 2019
Cannabis retail tenant at long-vacant Portland site part of growing trend
September 18, 2019New laws clarifying both medical and adult use marijuana retail sales are opening doors, including at the long-vacant Wok Inn site, recently leased by Eliot-based Sweet Life.
September 18, 2019
250-unit Augusta 'medical workforce' development gets initial approval
September 17, 2019A site plan for 250 units of "medical workforce" housing in Augusta — one of three similar proposals in the state by a Massachusetts developer — got initial approval from the city's planning board last week.
September 17, 2019
Developers take first step in Augusta mall revitalization
September 17, 2019SEP Augusta LLC, which bought the half-vacant, 214,900-square-foot Turnpike Mall in May, will sell the lot Texas Roadhouse occupies to generate capital for redevelopment.
September 17, 2019
Gorham Savings opens Yarmouth branch in restored rail depot
Updated: September 17, 2019Following the year-long restoration of a historic rail depot, Gorham Savings Bank on Monday opened its newest branch in Yarmouth.
Updated: September 17, 2019
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