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September home sales, values up from last year
Staff October 23, 2019Sales of single-family existing homes statewide are up 11% compared to last September, and the median sales price is up 6.4%.
Staff October 23, 2019
Coming attractions: Portland relaunches program for building facade makeovers
Staff Updated: October 22, 2019Portland business and property owners in need of financial help to spruce up their building facades are invited to apply to the city's Facade Improvement Program, which is being relaunched.
Staff Updated: October 22, 2019
$14.8M in HUD grants will help state reduce lead dangers in housing stock
Staff October 21, 2019Portland, Biddeford, Lewiston and MaineHousing will share federal grant money that will help reduce the danger of lead-based paint and other lead hazards, a project that will include 750 households.
Staff October 21, 2019
Whole Oceans gets submerged land leases for Bucksport salmon farm
Maureen Milliken October 21, 2019The leases, administered by the state Bureau of Parks and Lands, allow upgrades to existing outfalls and pumps at the former Verso Paper mill site.
Maureen Milliken October 21, 2019
A Look Back: The 'worst' tourism season
October 17, 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, the economy had tanked and Maine was reeling from a record-bad tourism season. But home buying
October 17, 2019
USM may move Lewiston campus downtown
William Hall October 17, 2019The University of Southern Maine plans to relocate its Lewiston-Auburn College from the outskirts of Lewiston to a new location downtown.
William Hall October 17, 2019
Hancock Lumber unveils leadership transition
Renee Cordes Updated: October 17, 2019Hancock Lumber, a sixth-generation family business based in Casco, will change its leadership in 2020, with CFO Paul Wainman taking on an additional role.
Renee Cordes Updated: October 17, 2019
Colby focusing on ongoing downtown development projects
Maureen Milliken Updated: October 16, 2019The college is working on developing the 14-20 Main St. block it bought in 2015, as well as signing retail tenants for its other Main Street properties.
Maureen Milliken Updated: October 16, 2019
RFP issued for 'endangered' historic Calais house
Maureen Milliken Updated: October 16, 2019The selected developer of the McGlashan-Nickerson House, on the property of the Saint Croix International Historic Site in Calais, will get up to a 60-year lease for rehabilitating and using the 136-year-old house.
Maureen Milliken Updated: October 16, 2019
Children's Museum sells landmark building to its neighbor, Portland Museum of Art
Laurie Schreiber Updated: October 16, 2019The Children's Museum & Theatre of Maine on Tuesday sold its property at 142 Free St. in Portland to the art institution, allowing the Children's Museum to to move forward with relocation plans.
Laurie Schreiber Updated: October 16, 2019
Massachusetts investment group buys into Biddeford’s growth opportunity
Laurie Schreiber Updated: November 4, 2019A Somerville, Mass., investment group that specializes in emerging markets has identified Biddeford as exactly the kind of community it's looking for. 156-160 Main St. sold for $1.2 million and 215 Main St. sold for $850,000 in off-market deals.
Laurie Schreiber Updated: November 4, 2019
Biddeford tower clock ticks again, telling time for a new downtown
Staff October 15, 2019As ground broke last week for redevelopment of the former Lincoln Mill in Biddeford, one of four projects that may bring new life to the city’s mill district, a smaller project sprang to life a few blocks away.
Staff October 15, 2019
Colby operations, development have $1.5B impact on Maine, study says
Maureen Milliken October 15, 2019A study released today by the college shows an impact not only on Waterville, but the region, that surprises even Colby's president, David Greene.
Maureen Milliken October 15, 2019
What happens to former big-box stores? A moving company snags one in Waterville
Laurie Schreiber Updated: October 29, 2019For one moving company, a former big-box store, at 174-192 College Ave. in Waterville, provided an affordable space to consolidate and expand operations.
Laurie Schreiber Updated: October 29, 2019
Historic Freeport B&B attracts newbie innkeepers
Laurie Schreiber Updated: October 21, 2019An 1890s Freeport home that was converted into a bed-and-breakfast in the 1990s has found new owners who are enthusiastically embracing the innkeeper lifestyle for the first time.
Laurie Schreiber Updated: October 21, 2019
MaineHousing drops base interest rate for first-time home buyers
Staff October 11, 2019The state's housing authority has dropped its rate for first-time low and moderate-income home buyers to 3.25%. Other recent changes are also increasing options for buyers.
Staff October 11, 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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