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Real Estate & Construction
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MEREDA 2025: Tariff uncertainties cloud Maine real estate, economic outlook
Renee Cordes Updated: February 28, 2025More than 900 people attended the Maine Real Estate & Development Association's annual conference Thursday in Portland.
Renee Cordes Updated: February 28, 2025
An Aroostook County town's plan for cultural center wins key grant
Laurie Schreiber Updated: February 26, 2025The town of Van Buren's plan to create the Acadian Arts Center received a boost as the Maine Redevelopment Land Bank Authority’s first grant awardee.
Laurie Schreiber Updated: February 26, 2025
MEREDA 2025: Value of Maine homes sold last year totaled $7.2B
Peter Van Allen Updated: February 28, 2025Luxury buyers, many of whom are paying cash, are driving up the value of the overall housing market, but making it harder for first-time buyers to find a home.
Peter Van Allen Updated: February 28, 2025
Yarmouth affordable housing project gets swift planning board approval
Tina Fischer Updated: February 25, 2025A parking lot behind Yarmouth Town Hall on Cleaves Street is targeted for an affordable housing project with 18 apartments to be built this fall, utilizing modular construction.
Tina Fischer Updated: February 25, 2025
Former SoPo school could be converted to offices, art space and other uses
Laurie Schreiber Updated: February 25, 2025The city council is forming a committee to work out recommendation on a design, cost estimate and funding plan to be sent to voters.
Laurie Schreiber Updated: February 25, 2025
MEREDA conference to feature a broad range of industry experts
Tina Fischer February 24, 2025Real estate and construction professionals from across the state will come together for MEREDA's annual conference on Thursday, Feb. 27, at the Holiday Inn by the Bay in Portland.
Tina Fischer February 24, 2025
Repaired Babb’s covered bridge reopens ahead of schedule
Tina Fischer February 24, 2025The covered bridge connecting Windham to Gorham over the Presumpscot River is fully operational again. The bridge was heavily damaged last summer when an overloaded dump truck broke through the bridge deck and fell into the water below.
Tina Fischer February 24, 2025
Winter doldrums no obstacle for Maine homebuyers in January, with sales up 13%
Laurie Schreiber Updated: February 24, 2025Strong January numbers show continued buyer interest statewide. For-sale inventory is 16% higher than a year ago.
Laurie Schreiber Updated: February 24, 2025
Residents buy Bangor mobile home park for $8M, plan new homes
Laurie Schreiber Updated: February 24, 2025The people who live at Cedar Falls Mobile Home Park were worried that if a developer came in, their community would go away. The cooperative model allowed them to secure financing to buy the land themselves.
Laurie Schreiber Updated: February 24, 2025
Collaboration preserves affordable housing in Aroostook County
Laurie Schreiber Updated: February 21, 2025The seller worked with the Genesis Community Loan Fund to sell the property to the Presque Isle Housing Authority, rather than risking it being lost to the private market.
Laurie Schreiber Updated: February 21, 2025
Room to cruise: Harley-Davidson dealership will move from Portland to Gorham
Laurie Schreiber Updated: February 24, 2025Many riders live in the Gorham area, where the new store will be more centrally located than the Portland store. The buyer market has room to grow with younger people.
Laurie Schreiber Updated: February 24, 2025Colliers hire brings experience in commercial finance and investment
Laurie Schreiber Updated: February 24, 2025A background in commercial banking, investment real estate, and development is expected to add immediate value.
Laurie Schreiber Updated: February 24, 2025Midcoast commercial leases signed fell by roughly one-third in 2024
Laurie Schreiber Updated: February 24, 2025The region’s market dynamics are expected to present challenges for larger industrial and office users. But there are opportunities for smaller businesses to find niches.
Laurie Schreiber Updated: February 24, 2025
In Scarborough, dozens of condos are under construction at the Downs — with more on the way
Tina Fischer Updated: February 21, 2025An additional 48 condominium units are now being built at the Downs, adding to the 606 housing units already built and occupied. A total of 96 new condos are planned for the mixed-use town center, which is now under construction.
Tina Fischer Updated: February 21, 2025
Greater Bangor Association of Realtors to donate $31k to local charities
Laurie Schreiber Updated: February 24, 2025The association supports local initiatives that enhance the well-being of individuals and families in the Bangor area.
Laurie Schreiber Updated: February 24, 2025
South Portland's Mall Plaza — across from Maine Mall — sells for $20M
Laurie Schreiber February 20, 2025Mall Plaza is 83% leased and is anchored by Dick’s Sporting Goods, with other tenants including Petco, Burger King, Verizon, Maine Community Bank and Friendly’s.
Laurie Schreiber February 20, 2025
Today's Poll
Sponsored by: Kennebunk Savings Bank
With the official end of summer this past weekend, we're taking a look back at how the season unfolded.
Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought.
Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?
The Giving Guide
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.
Learn More
Work for ME
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.
Learn More
Groundbreaking Maine
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 more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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