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Real Estate & Construction
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Report: Bangor housing crisis affects economic development
January 15, 2019An interim report of the Bangor Housing Work Group has found that Bangor is in the midst of a housing crisis that negatively affects workforce attraction and retention and overall economic development, and poses health issues.
January 15, 2019
Portland moves forward on tightening working waterfront zoning
January 14, 2019Portland this week will move forward on a proposed zoning amendment that would block uses like hotels on the water side of Commercial Street, a response to backlash to recent waterfront development proposals, including a Fisherman's Wharf hotel
January 14, 2019
Bucksport businessman to purchase historic Wilson Hall
January 14, 2019The owner of an ice cream shop in downtown Bucksport has submitted a proposal to buy Wilson Hall, a historic but deteriorating former seminary on Franklin Street.
January 14, 2019
Casco Systems moves into custom-built Cumberland headquarters
January 13, 2019The engineering and systems integration firm will occupy 12,000 square feet of the new 20,000-square-foot building, the first phase of a development that also will include townhouses and commercial space.
January 13, 2019
SMHC plans $34M construction project at Sanford medical center
January 11, 2019Southern Maine Health Care plans to invest $34 million in construction and upgrades of the SMHC Medical Center in Sanford. The plan includes construction of a new, modern long-term care center for older adults, establishment of a short-stay,
January 11, 2019
Belfast weighs proposal from Tractor Supply involving large commercial lot
January 10, 2019Belfast received its first application in 11 years for the use of a lot of 84 acres — singularly large for the city — along its Route 3 commercial zoning district. The application, to develop a Tractor Supply Co. store, triggered a joint city
January 10, 2019
Geico enters Maine market with new Portland office
January 10, 2019Geico, the nationwide insurance company owned by Warren Buffett's conglomerate Berkshire Hathaway Inc., has opened its first office in Maine, staffed by seven licensed agents.
January 10, 2019
South Portland OKs recreational marijuana store
January 10, 2019A company calling itself “Sea Weed” received unanimous approval Wednesday night from South Portland's Planning Board to build an adult recreational marijuana retail store near the Maine Mall.
January 10, 2019
Portland curling club seeks home of its own in tight real estate market
January 8, 2019The Pine Tree Curling Club needs its own dedicated ice to grow the club, but the Portland area's lack of commercial space may be a challenge.
January 8, 2019
Saco's Mill Brook Business Park could become haven for startups
January 7, 2019Saco developers aim to support the city's small business and start-up community with 16 flex-space commercial condominiums at the business park off Route 1.
January 7, 2019
Portland’s Danforth Inn sold at auction for reported $1.7M, closed for rest of the month
January 7, 2019Lark Properties, which owns a collection of boutique hotels, has bought the Danforth Inn, a Portland West End property that filed for bankruptcy reorganization last year.
January 7, 2019
Construction: With roof maintenance and repairs, no 'stopping anytime soon'
January 7, 2019Peter Horch founded Horch Roofing, in Warren, in 2003. In recent years, it has been among Maine's fastest-growing companies.
January 7, 2019
Construction: ‘Robust’ pace of construction expected to continue
January 7, 2019Landry/French Construction signs are all over southern Maine. That's likely to continue, at least through this year.
January 7, 2019
Real Estate: Realtor sees 2019 in historical perspective
January 7, 2019Sue Spann has witnessed good times and bad since she and her husband, Don, opened RE/MAX Riverside Real Estate Co. in 2002. In 2014, she thought the Topsham business “had hit its top end,” with $125 million in sales.
January 7, 2019
Maine Mall 2,340-panel solar array poised to go online
January 4, 2019The Maine Mall in South Portland is expected to save thousands of kilowatt hours in energy costs this year when it starts generating solar power, part of the owner's nationwide retail property sustainability effort.
January 4, 2019
The Waters project on Saco Island may have new developer
January 4, 2019Saco developer Bernie Saulnier's ambitious $40 million Saco Island development project, The Waters, is on the verge of being handed over to a Massachusetts developer who began investing in southern Maine real estate eight years ago.
January 4, 2019
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