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PK Realty Management of South Portland bought 1 Lincoln St. and 53 Wallace Ave., industrial properties that are both in South Portland, for existing cash flow and potential redevelopment opportunities.
August real estate data suggest 2019 is on track to earn a spot among record years for single-family Maine home sales. Aroostook and Washington counties saw particularly strong numbers.
New laws clarifying both medical and adult use marijuana retail sales are opening doors, including at the long-vacant Wok Inn site, recently leased by Eliot-based Sweet Life.
A site plan for 250 units of "medical workforce" housing in Augusta — one of three similar proposals in the state by a Massachusetts developer — got initial approval from the city's planning board last week.
SEP Augusta LLC, which bought the half-vacant, 214,900-square-foot Turnpike Mall in May, will sell the lot Texas Roadhouse occupies to generate capital for redevelopment.
Following the year-long restoration of a historic rail depot, Gorham Savings Bank on Monday opened its newest branch in Yarmouth.
The Captain Nickels Inn in Searsport, built in 1874 and listed on the National Register of Historic Places, has a new owner.
Nine buildings and places are on the 2019 Maine Preservation's Most Endangered Historic Places list, for a total of 165 since the list began in 1996.t.
The plan, first proposed in 2017, opens up 1,923 acres for development and conserves another 16,754, after rezoning approval by the Land Use Protection Commission, which oversees the state's Unorganized Territory.
Delayed by a moratorium and lawsuit, the 30,000-square-foot office and retail development on Main Street in Damariscotta is ready for tenants.
Large Class A office spaces are going vacant in the Portland suburbs, but steady demand downtown could eat up the excess supply.
Lyndel J. "Joe" Wishcamper, president of Wishcamper Cos. in Portland and one of the country’s leading advocates for affordable housing, will receive a prestigious award from the National Housing & Rehabilitation Association.
GO Lab Inc., the Belfast building products manufacturer that last month closed on its purchase of the shuttered Madison Paper Industries mill, has received $2.4 million in financing to help with the deal and begin retrofitting the plant.
With three new hotels due to open in 2021 and more planned, developers need to consider their product carefully, those attending a MEREDA breakfast on Portland hotel development are told.
The Portland Planning Board is set to take up a developer’s request to rezone undeveloped land that borders a Deering Junction park, paving the way for proposed construction of 20 duplex townhouses. But a neighborhood group has pledged to oppose the
The city of Biddeford on Tuesday will consider plans for a 640-space, five-story downtown parking garage officials say could generate over $16 million in tax revenue in its first 10 years of operation.
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 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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