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The single-family existing home market in Maine remains strong as the summer sales season gets underway. In fact, brokers reported selling 6.32% more homes in May compared to May 2018.
Bar Harbor is tackling a shortage of affordable workforce housing with proposed zoning changes that would allow employee and workforce dormitories as well as rooming houses.
The purchase of 160-166 State St. in Portland, a building dating to 1807 and a nunnery for 84 years, will go toward the creation of affordable housing.
The largely empty 214,900-square-foot Turnpike Mall in Augusta has been sold to a New York real estate development firm that specializes in acquisition of retail and office buildings.
Rob Edgerley, a real estate broker and certified trainer in Dale Carnegie courses, and photography studio owner and business coach Nadra Edgerley purchased the Dale Carnegie Maine franchise from David Ciullo, and see opportunities for expansion.
In this weekly feature sponsored by Norway Savings Bank, we look back at stories that have appeared in Mainebiz during our first 25 years. The Mainebiz issue of Jan. 24, 2000, shows that the shortage of office space in Portland isn't just a recent
Maine Maritime Museum has raised $3.37 million for a five-acre renovation that’s now underway and encompasses a complete redevelopment of the front entrance and south side of the museum’s campus.
Pen Bay Medical Center plans to break ground Wednesday for a 41,500-square-foot, two-story medical office building on its campus, at 6 Glen Cove Drive in Rockport.
AUGUSTA — MaineHousing has revived a pre-recession program designed to spur developers to build affordable single-family homes.
Bangor Savings Bank on Tuesday announced a gift of $500,000 to Husson University to help fund a new building for the College of Business. The bank plans to disburse the money over a 5-year period.
The Smart Growth Awards have added two criteria — a project's adaption to climate change, and the how the project may influence its surroundings.
Horch Roofing, a Warren-based construction company with 42 employees, is supporting education and training in the trades through an annual scholarship program that this year awarded $3,500 to four recipients.
Harvey Performance Co. plans to construct a new facility in Gorham to manufacture its Helical Solutions line of high-performance end mills and serve as the company’s innovation hub.
Single-family home sales in May were 6.63% higher statewide than in May 2018, bucking the national trend, in which sales decreased.
In a deal that closed May 15, 63 townhouse apartment units in five locations in Hollis were sold to an undisclosed buyer by A&S Apartments for $4.23 million.
Maine Preservation is seeking nominations for its 2019 Most Endangered Historic Places list.
Sponsored by Kennebunk Savings Bank
Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports.
The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month.
Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.
Talks are underway to end the federal shutdown, but the timing off the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.
Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.
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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