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Steele Properties — a Denver real estate company specializing in affordable housing — announced the $21 million acquisition and renovation of seven Section 8 multi-family and senior housing projects and one non-section multi-family property.
Maine is known for its literary history, and now two houses with literary ties have hit the real estate market in Maine.
West Elm Hotels announced today its plans for a 150-room boutique hotel in Portland's East End, in what's being called Portland Foreside — the former Portland Co. complex at 58 Fore St.
RiverPlace, a 136-unit luxury apartment complex in South Portland overlooking the Portland skyline, has been sold to RiverPlace Properties LLC. The sale price was not disclosed.
Southern Maine Community College will launch a program this fall to help the state's construction industry find workers with high-demand trade skills.
Doug Hermann, president of the Richmond-based Wyman and Simpson Inc., is the winner of the Associated General Contractors of Maine's “major achievement in construction” award.
TruChoice Federal Credit Union will host a grand opening celebration at its newest location in Biddeford on Aug. 7.
Portland developer Daniel Catlin, CEO of Commercial Properties Inc., has filed a site plan review application with the Damariscotta Planning Board to construct three commercial buildings with room for six businesses.
A prominent chef bought a 1780 colonial homestead in Buxton for $230,000, eyeing it as the ideal spot for an old-style New England smokehouse and restaurant.
WEX Inc. has cleared the first hurdle in its bid to purchase city-owned property on Portland's eastern waterfront as the development site for its global headquarters.
The 14.5-acre Seal Harbor estate of David and Peggy Rockefeller has been placed on the market by The Knowles Co. of Northeast Harbor. Asking price? $19 million.
West Elm, a home-furnishings store that opened at 164 Middle St. Thursday, takes over 12,000 square feet on a prime retail stretch that includes Anthropologie, Urban Outfitters, Stonewall Kitchen, Angela Adams and other Old Port retailers.
Maine real estate continues to rise in value, even with some slight declines in sales.
A proposed single-home subdivision for Camelot Farm in Portland's Stroudwater neighborhood gained City Council approval for a zoning change that will allow the developers to build 95 homes there while preserving 24 acres as open space for public use
Developer Bernie Saulnier is putting together a $40 million mixed-use project for the east side of Saco Island, but city officials are advising him to seek community input before submitting plans.
Smart growth principles are gaining cachet in Portland and elsewhere in Maine, as developers and planners alike look to create human-scale communities that incorporate forward-looking social, economic and environmental considerations.
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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