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City official calls the agreement a 'quantum leap,' for plans that include a hotel, 10,000 square feet of retail space and 92 condominiums.
GenoTyping, of Ellsworth, and the city's arts and culture organization are the two latest tenants in the former shirt factory, which has welcomed several new businesses since it was sold a year and a half ago.
The plan to renovate the historic building, which is being restored under Maine Preservation's Protect & Sell program, involves sorting out land ownership and freshening up the Village Green.
After a year on the market, the century-old Anderson's Store in Stockholm (population 250) has found new owners.
The renovation of 6 State St., in downtown Ellsworth by its new owners is designed to bring new ground-floor retail and upper-story residential activity to the area. Cara Romano and her husband, local contractor David LaValle, purchased the building
This issue of the Bangor and Northern Maine focus looks at a region that's undergoing major changes.
Bangor's growth can be seen on a number of fronts. The Hollywood Casino and Racetrack and Cross Insurance Center across the street are a focal point of entertainment and events.
The recent sales of the Augusta Inn in Augusta and Country Inn in Rockport signal strong interest in Maine's lodging market from both out-of-state and Maine-based buyers.
A project to develop a downtown Augusta building is one of the first under the new federal Opportunity Zone program, the new owners say. The 31,500-square-foot building at 333-339 Water St. was recently bought for $195,000 by Dirigo Capital Advisors
Discount goods retailer Ocean State Job Lot can stay in Falmouth Shopping Center, the Maine Business and Consumer Court ruled this week, negating an eviction notice the owners of the center on U.S. Route 1 had served on the Rhode Island-based store
New hires, a formalized training program and new database software signal CBRE | The Boulos Co.'s adjustments of its business model to accommodate its growing client base.
The prospect of further deterioration of the Waldo Theatre in Waldoboro has prompted several community members to reestablish a board of directors and begin working on its restoration.
At its Aug. 14 meeting, the Portland Planning Board considered proposals for 100 Fore St., on the city's eastern waterfront.
Bernard Saulnier, the developer behind a proposed Saco Island multi-use project, has resolved a several-years' conflict over a portion of a former mill building on the island by buying it from the city of Saco for $400,000 on Tuesday.
La Petite Ecole has moved from Portland to Ocean Avenue, and it's Spring Street Portland townhouse is for sale.
The Skowhegan Economic Development Corp. bought the Kennebec River Inn in March, tore it down in July, and is marketing the lot for development.
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.
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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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