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Real Estate & Construction

  • Avesta Housing reports affordable housing crunch

    Staff February 2, 2017

    Demand for affordable housing is outpacing the ability of Portland-based Avesta Housing to help households find and move into apartments they can afford in southern Maine and New Hampshire.

    Staff February 2, 2017

  • Foundation's grant boosts Johnson Hall fundraising campaign

    February 2, 2017

    Jane's Trust Foundation, a Boston-based philanthropic trust, has given $75,000 in capital support for the Johnson Hall Performing Arts Center renovation project in downtown Gardiner.

    February 2, 2017

  • Well-known investor buys Boothbay Harbor inn

    February 1, 2017

    The Rocktide Inn & Restaurant in Boothbay Harbor sold for $3.75 million to an investor who has put significant capital into area properties in recent years.

    February 1, 2017

  • Bank donates $30K to Colonial Theatre restoration

    Staff January 31, 2017

    Skowhegan Savings Bank will donate $30,000 toward the restoration of the historic Colonial Theatre in Augusta.

    Staff January 31, 2017

  • International firearms dealer to build distribution site in Skowhegan

    January 30, 2017

    Civil Arms Inc., a federally licensed firearms distributor, importer and exporter, has purchased two lots in Skowhegan’s Southgate Industrial Park.

    January 30, 2017

  • Growth spurs The Morrison Center's expansion in Wells

    Laurie Schreiber January 29, 2017

    Demand for the services of The Morrison Center, a nonprofit whose mission is to help people of all ages with disabilities, has prompted the expansion of its facilities in Wells.

    Laurie Schreiber January 29, 2017

  • Augusta to seek housing proposals for former mill site

    January 27, 2017

    Augusta City Council expressed informal support Thursday for developing residential units at the city-owned former Statler mill site on the east bank of the Kennebec River.

    January 27, 2017

  • Portland seeks feedback on potential sale of city-owned properties

    Staff January 26, 2017

    Portland City Council's Economic Development Committee will meet on Jan. 31 to receive public comment on the possible sale of two city-owned properties.

    Staff January 26, 2017

  • Long-time restaurateur and billionaire purchase island restaurant

    January 25, 2017

    Michael Boland, long-time owner of restaurants in Bar Harbor, has joined with billionaire Mitchell Rales, a part-time resident of Northeast Harbor, to buy a restaurant on Little Cranberry Island.

    January 25, 2017

  • Maine home sales best in 18 years

    Staff January 25, 2017

    Maine Listings, a subsidiary of the Maine Association of Realtors, reported 17,507 homes were sold statewide in 2016, up 11.71% from 15,672 sold in 2015. It's the highest yearly tally in 18 years.

    Staff January 25, 2017

  • New owners of South Portland office building expand Maine holdings

    Laurie Schreiber January 24, 2017

    Father-and-son partners John and George Cacoulidis have purchased a premier four-story Class A office building, at 82 Running Hill Road in South Portland from the Dead River Company.

    Laurie Schreiber January 24, 2017

  • Camden National sponsors three affordable housing initiatives

    Staff January 23, 2017

    Camden National Bank announced Friday it was awarded direct subsidy funding for three initiatives totaling $2.25 million to develop or renovate 84 units of affordable housing.

    Staff January 23, 2017

  • South Portland software firm acquired by ARCOM

    James McCarthy January 23, 2017

    InterSpec, a South Portland-based company that creates software solutions for the building industry, announced Monday it has been acquired by ARCOM, headquartered in Salt Lake City, Utah. The purchase price was not disclosed.

    James McCarthy January 23, 2017

  • Proposed Portland cold storage needs height allowance

    January 23, 2017

    The Port Authority of Maine's plans for a 120,000-square-foot cold storage facility on the western waterfront will be presented in a workshop with the Portland Planning Board Tuesday.

    January 23, 2017

  • Gardiner, Hallowell chart different paths for economic development

    Renee Cordes January 23, 2017

    Gardiner, about six miles down the Kennebec River from Augusta, is courting businesses like Craft Beer Cellar to boost economic growth. Closer to the state capital, the smaller Hallowell, once known for its granite quarries and antique shops, has

    Renee Cordes January 23, 2017

  • In search of an old building's unexpected gems

    Lori Valigra January 23, 2017

    Walking into the skeleton of the former Waterville Savings Bank building, abandoned for decades but former home to Judy's Wig Salon and other smaller businesses, I was reminded of the gut-rehab a former neighbor, Dan, did on his mid-1800s townhous

    Lori Valigra January 23, 2017

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Today's Poll

What's your mode of transportation for Thanksgiving?
Poll Description

Sponsored by Kennebunk Savings Bank

For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.

AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1. 

Of those travelers, 73 million will go by car — up 1.3 million from a year ago.  

With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.) 

Another 2.5 million people will travel by bus, train or cruise ship.

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