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West Bayside outskirts seen as next prime investment area
Laurie Schreiber November 22, 2019An off-market investment in 360 Cumberland Ave., on the outskirts of West Bayside in Portland, signals confidence that there’s room to expand the neighborhood’s growing cachet. Renovations are underway and a speakeasy bar has leased a smaller
Laurie Schreiber November 22, 2019
Maine home sales continue record pace in October as median price rises
Staff November 22, 2019Median sales price for existing single-family homes continues to rise in the state, and sales in October set a record even as inventory continues to be tight, the Maine Association of Realtors said Thursday.
Staff November 22, 2019
Maine Land Use Planning Commission names new executive director
Staff November 20, 2019The commission, which oversees planning and zoning for rural areas covering over half the state, has been without a permanent executive since June.
Staff November 20, 2019
USM Portland campus student center, residence project 'transformative'
Maureen Milliken November 20, 2019The two buildings will be erected in the biggest construction project of the school's history, and will create the the first residence on the University of Southern Maine's Portland campus.
Maureen Milliken November 20, 2019
Hip eating, drinking hub grows in former Portland Public Works building
Maureen Milliken Updated: November 20, 2019The multi-use building, part of Portland's sell-off of its Public Works Department property in West Bayside, is fully leased a year after it was bought, with tenant Banded Brewing of Biddeford the most recent addition.
Maureen Milliken Updated: November 20, 2019
Central Maine Healthcare to build $35M cancer center
Staff Updated: November 18, 2019The Central Maine Cancer Institute will be built on the Lewiston campus, combining functions that are now in different places, and is expected to open in 2021.
Staff Updated: November 18, 2019
Avesta launches $2M fundraising campaign to support senior housing
Staff November 18, 2019Portland-based Avesta Housing has launched a $2 million fundraising program to support the affordable housing needs of older adults, and plans to use the money to address several key priorities.
Staff November 18, 2019
New podcast features Maine developers and real estate investors
Laurie Schreiber November 15, 2019A new podcast, "The Boulos Beat," features interviews with prominent developers and real estate investors who do business in Maine and in Portland in particular.
Laurie Schreiber November 15, 2019
Black Box tenants growing, graduating year after it opened
Maureen Milliken November 13, 2019The Washington Avenue retail incubator, built out of shipping containers, is working out both for those businesses that move on to bigger things and those that plan to stay a while.
Maureen Milliken November 13, 2019
Portland to honor Developers Collaborative
Staff November 13, 2019Developers Collaborative and its founding principal Kevin Bunker have been chosen for the 2019 Economic Development Achievement Award by the city of Portland Development Council.
Staff November 13, 2019
Marshall Wharf property in Belfast hits the auction block
Laurie Schreiber Updated: November 12, 2019Tranzon Auction Properties in Portland has scheduled a foreclosure auction for waterfront commercial property at 36 Marshall Wharf in Belfast, the former home of Marshall Wharf Brewing Co.
Laurie Schreiber Updated: November 12, 2019
Kittery mulls plan for converting historic building
Staff November 11, 2019The town of Kittery is considering a plan to convert a “historically significant” building into a 12-room inn — two years after an attempt to turn it into a boutique hotel failed.
Staff November 11, 2019
Downtown Portland office tower and parking garage up for sale
Laurie Schreiber November 11, 2019Ocean Gate Plaza, a 130,000-square-foot office tower at 511 Congress St. in downtown Portland, and its brand-new parking garage are for sale as a package through a sealed bid format.
Laurie Schreiber November 11, 2019
Multiple multi-families in Biddeford gain investor interest
Laurie Schreiber November 10, 2019A property management firm made five deals in five days — one sale and four acquisitions — totaling $2.2 million. The buy side involved multi-unit properties in Biddeford.
Laurie Schreiber November 10, 2019
TD Bank to close one of two downtown Portland locations
Staff November 8, 2019TD Bank, which operates 49 retail banking branches in Maine, may soon have one fewer. The branch at 481 Congress St. plans to close early next year.
Staff November 8, 2019
A Look Back: 10 years ago, numbers in conflict
November 7, 2019In this weekly feature sponsored by Norway Savings Bank, we look back at stories that have appeared in Mainebiz during our first 25 years. A decade ago, there seemed to be a disconnect in recent real estate statistics. Mainebiz found out why.
November 7, 2019
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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