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The need for more shelter beds and transitional housing has increased in recent years. Hope House is the only low-barrier shelter north of Waterville that offers health services and low-income housing programs.
A new development will offer 48 condominiums at prices ranging from $378,000 to $425,000 to eligible buyers — households who make no more than 120% of the area mean income.
“This project was about more than shingles and sheathing — it was about preserving the city’s story,” said Bill Fogle, the society’s president.
The old town hall was razed to make way for the much larger 18,500 square-foot facility.
Clover Terraces is targeted to buyers who earn between 80% and 120% of the area median income — too much to qualify for subsidized housing but too little to afford Maine’s skyrocketing home prices — often referred to as the state’s workforce
Construction of two affordable housing developments has finished up in Rockland and Augusta — part of the push in both cities and across Maine to tackle the shortage of homes.
The project will add 34 apartments and three independent cottages. The new residences will run on solar power, relying on a combination of on-campus rooftop panels and generation from two solar farms.
The lease provides space to consolidate adaptive gear storage and maintenance and provide accessible, on-site lodging for volunteers, interns and participants year-round.
The facility, a repurposed office building, has three times more classrooms than the Old Town location. Added capacity means more enrollment from rural areas.
The project, slated tor completion in late 2026 and dubbed Clover Terraces, targets middle-income, first-time homebuyers — those who earn between 80% and 120% of the area median income.
The buyer is the conservation group Penobscot Bay Waterkeeper, which paid Nordic Aquafarms Inc. $1.5 million for the site.
Before the sale, leases were secured for two of the three buildings, positioning the property as a strong investment opportunity with immediate income and long-term upside.
Historically, winter has offered a reprieve from the frenzied pace of the spring and fall market activity. “I predict that we are moving closer to experiencing a seasonal slowdown ahead,” said one broker.
Portland Little League aims to raise $1 million to revitalize all of the city’s fields.
Stephanie Albert will streamline procurement and contracting processes, enhance compliance practices and support both internal teams and clients.
The prospective buyer, Safe Harbor Marinas, is the largest marina and superyacht servicing business in the U.S.
Portland is home to four professional sports teams — the Double-A Portland Sea Dogs, an affiliate of the Boston Red Sox; the G-League's Maine Celtics, an affiliate of the Boston Celtics; the Maine Mariners, an ECHL affiliate of the Boston Bruins; and the Portland Hearts of Pine, which is in USL League One.
In October 2024, the Sports Business Journal named Portland the best U.S. city for minor league sports.
In the past year, Maine's teams have been getting some upgrades.
The Portland Sea Dogs opened a new, state-of-the-art $10 million training facility and clubhouse at Hadlock Field. The Portland Hearts of Pine launched their inaugural season in 2025, playing to consistently sold-out crowds from the very first game and reaching the semifinals in November. And now the Maine Mariners plan to build a new practice rink at the Downs in Scarborough.
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.
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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.
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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 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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