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The Bangor Mall has been listed for auction and Aroostook Centre Mall in Presque Isle is for sale through a streamlined transaction process that allows sellers and buyers to see offers directly and enables each party to know where they stand.
Craig and Laurie Winslow of Falmouth purchased the 51 Water St. building in Wiscasset from Schuyler Fairfield and hope to attract a craft beer-oyster bar and a coffee roaster to fill two vacancies.
Ellsworth approved $30.5 million in construction in 2018, a total of 346,265 square feet in commercial and multi-family residential projects. That's three times the 10-year average of $8.5 million per year. By all accounts, the city is booming.
When WEX Inc. employees start moving into the payment processing company's glass-encased new headquarters on Feb. 1, it will mark the beginning of a new era for the city's oldest neighborhood.
As this issue goes to press, the Mainebiz staff is working out who is going to cover which speakers at the annual MEREDA conference.
The unsolicited purchase of the mixed-use building to an out-of-state buyer is an illustration of how hot the Portland neighborhood has become.
Maine Real Estate and Development Association's annual outlook conference, which attracted more than 1,000 people on Thursday, offered a cautiously optimistic forecast for 2019 in the various real estate market sectors.
Hannaford Supermarkets announced Wednesday it will locate a store in the former Bookland and adjacent Staples space at the Cook's Corner Mall in Brunswick — a project providing a significant boost to a mall that lost several tenants in the last
The last remaining pieces of Wilton's former Forster Mill will come down with $300,000 in grant and loan money for the ongoing environmental cleanup.
A new convenience store at 1739 Hammond St. in Hermon is another sign of the town's expanded business activity, said Scott Perkins, Hermon's economic and community development director.
Gov. Janet Mills on Tuesday signed an order to start the release of $15 million in affordable housing bonds for seniors as approved by voters in 2015 but held up by her predecessor, Gov. Paul R. LePage.
The Rockland City Council is considering an amendment to a zoning ordinance that would allow small accessory and detached residential units, including so-called “tiny homes” less than 400 square feet, to be built within existing neighborhoods.
Bateman Partners LLC's 86 Newbury project takes mixed use to a whole new level, with everything from a hotel and Shipyard brewery tasting room to Vets First Choice pharmacy, labs and fulfillment.
A new WalletHub survey listed Maine as the 23rd best state in which to retire, as a strong showing in quality of life was overshadowed by lower marks in terms of affordability.
An 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.
Portland 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
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 of 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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