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The Belfast building products manufacturer, which in April announced its intent to buy a defunct paper mill in Madison, has completed the purchase.
Previously on the market for $15.5 million, East of Eden, a Bar Harbor estate, is up for auction without reserve.
The owner of a consulting firm called Restaurant Rockstars is part of a partnership that bought Stones Cafe and Bakery in North Yarmouth for $465,500.
The U.S. Department of Housing and Urban Development has awarded $4.6 million to support affordable housing throughout Cumberland County and specifically in Portland.
Many Maine food and beverage companies develop a product, but can'd find or afford larger space to expand production. Coastal Enterprises Inc. convened stakeholders to discuss the “next facility” problem.
In northern Maine, business opportunities are popping up in unexpected places: 3D metal printing in Orono, a new nursing education program in Millinocket, and a massive bridge construction project in Madawaska.
Just three years ago, an entire block on Exchange Street in Bangor was devoid of activity. Today, thanks to developer Adam Moskovitz and others, the block is a lively hub of arts, culture and small businesses.
Development of former municipal dumps is heavily restricted, but solar power is one permitted use that is benefiting developers as well as Maine towns and cities.
Benchmark Real Estate of Portland plans to unveil its new "Benchmark Box" on Aug. 15 at Third Thursday at Trinity Park, a community event supporting revitalization of the Portland neighborhood of Woodfords Corner.
Eric Chinburg, president of Chinburg Properties in Newmarket, N.H., purchased the Continental Mill in Lewiston and envisions developing a mixed-use project of residential, retail, light industrial, commercial and office tenants.
Massachusetts developer Saxon Partners is in the early stages of apartment projects in Lewiston, Augusta and Biddeford that could add nearly 750 units of workforce housing in those cities.
AIT Bridges yesterday unveiled a new bridge girder made of composite materials, and says the product is lighter and longer-lasting than traditional concrete and steel girders.
The Waterville Planning Board gave unanimous approval to the final site plan for redevelopment of the 182,000-square-foot complex, which will include retail, office and apartment space.
The Portland Historic Preservation Board Wednesday will discuss preliminary plans to dismantle and relocate a signature building at 58 Fore St., a key piece to redevelopment of the 10-acre property.
Christopher DiMillo, founder and president of DiMillo’s Yacht Sales, purchased Berlin Mills Wharf, at 400 Commercial St. in Portland, for $4 million as an investment opportunity with a variety of potential uses.
A 150-acre equestrian retreat in Parsonfield, the Old Pease-Elisha Piper Farm, includes a farmhouse built in 1785 and is on the market for $995,000.
The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.
The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)
The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour.
While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins.
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 MoreWork 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 MoreWhether 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 moreThe 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 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.
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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