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Real Estate & Construction
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MEREDA 2020 forecasters see another strong real estate year for Maine
Renee Cordes, Laurie Schreiber and Maureen Milliken January 17, 2020Nearly 1,000 real estate brokers, developers and others in the field gathered Thursday for the annual industry forecast and look back at 2019.
Renee Cordes, Laurie Schreiber and Maureen Milliken January 17, 2020
To support growing workforce, WEX will build $50M ops center in Scarborough
Renee Cordes January 17, 2020The fast-growing provider of global corporate payment solutions on Thursday unveiled plans to build a $50 million operations center at The Downs in Scarborough, designed to accommodate its increasing employee base.
Renee Cordes January 17, 2020
New England Ocean Cluster to take over part of science center space
Renee Cordes January 14, 2020It will go into second floor space in the former Portland Science Center, on Portland's waterfront.
Renee Cordes January 14, 2020
Insider Notebook: 'Endangered' Frances Perkins home gets new lease on life
Maureen Milliken Updated: January 15, 2020In other news, Renys is focusing on Bath renovation, Kittery library gets a $500,000 renovation boost and another business is opening in Gardiner's booming downtown.
Maureen Milliken Updated: January 15, 2020
Auburn firm riding rising manufactured housing wave
Maureen Milliken January 14, 2020Maine Source Homes & Realty is one of the few brokerages in the state that also sells manufactured homes, a type of housing that's becoming more of an option as Maine's housing crisis grows.
Maureen Milliken January 14, 2020
Maine's real estate, development community to gather for 2020 MEREDA forecast
Staff January 13, 2020Close to 1,000 real estate and construction industry members are expected to attend the day-long conference, which takes a look at how regions and sectors in real estate may perform in 2020.
Staff January 13, 2020
Renovations of Bangor’s Exchange Street storefronts near completion, uncover the past
Laurie Schreiber Updated: January 13, 2020Storefront renovations of a historic block of buildings on Exchange Street in Bangor are nearing completion. The project is revealing great historic features, such as a pair of ornamented cast iron columns at 187 Exchange St.
Laurie Schreiber Updated: January 13, 2020
Investors in Lewiston’s tallest building attracted by price and potential
Laurie Schreiber January 12, 2020South Berwick real estate developers Jim and Rebecca Henry plan to improve the exterior, and interior spaces as tenants turn over, in the former Manufacturers National Bank, built in 1915. The building is abuts the Hartley Block, a new construction
Laurie Schreiber January 12, 2020
Funded by developers' fees, state program awards $3.7M for conservation
Staff Updated: January 10, 2020The Maine Natural Resource Conservation Program, which offsets the environmental impact of development projects by funding conservation in the same areas as the projects, has awarded its largest round of grants ever.
Staff Updated: January 10, 2020
20 on '20: ‘Cautiously optimistic’ outlook for one developer
Peter Van Allen Updated: January 13, 2020The economy in southern Maine, where Chip Newell is building, is affected by the national one. But he lauded Portland’s growing reputation as restaurant and tourism destination.
Peter Van Allen Updated: January 13, 2020
20 on '20: With jobs booked, construction firm Wright-Ryan focuses on hiring
Joy Choquette Updated: January 13, 2020The company is stepping up its recruitment and retention efforts for 2020 to meet the demands of ongoing and planned projects.
Joy Choquette Updated: January 13, 2020
20 on '20: Millennials will take greater role in construction workforce
Joy Choquette Updated: January 13, 2020A family-owned construction company in Gorham sees much opportunity ahead, and despite the state's labor shortage is encouraged by an increase in younger workers entering the industry.
Joy Choquette Updated: January 13, 2020
20 on '20: Architects and engineers look to embrace new technology
Maureen Milliken Updated: January 13, 2020The president of Maine's largest architecture firms says the design of buildings will be increasingly driven by the climate that surrounds them.
Maureen Milliken Updated: January 13, 2020
Here is what you can expect from Maine’s housing market this year
George Casey Updated: January 13, 2020As we start a new decade, housing markets have undergone a significant transition from both 20 and 10 years ago. The new normal that has emerged will have a profound effect on Mainers.
George Casey Updated: January 13, 2020
Maine’s largest cannabis greenhouse breaks ground
Staff January 8, 2020Eliot cannabis company Sweet Dirt and Portland-based builder ArchSolar began construction Tuesday of the 32,800-square-foot facility, which will include advanced features for marijuana cultivation.
Staff January 8, 2020
As it completes acquisition, Bangor Savings is also building two new branches
Staff Updated: January 8, 2020Bangor Savings Bank, Maine's largest in assets, plans to expand its regional footprint with new branches in Windham and in Manchester, N.H. The additions come as the bank works to complete its purchase of a midcoast bank.
Staff Updated: January 8, 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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