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Real Estate & Construction
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Gardiner, Hallowell chart different paths for economic development
Renee Cordes January 23, 2017Gardiner, 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
MEREDA conference highlights 'worker gap'
Staff January 20, 2017The Maine Real Estate and Development Association's bi-annual economic indicator measuring the health of Maine's real estate sector, The MEREDA Index, shows a significant “worker gap” that is driving up the cost and increasing the timeline of
Staff January 20, 2017$6.2M expansion at Procter & Gamble's Auburn plant
January 20, 2017Procter & Gamble's Tambrands plant in Auburn is now undergoing a $6.2 million expansion that will add up to two more production lines.
January 20, 2017Weeks after closing, owner sells downtown Bangor restaurant
January 19, 2017Brett Settle, who closed Giacomo's in Bangor on Dec. 23, has sold the business.
January 19, 2017Wilton gets nod to apply for $150K development grant
January 18, 2017The town of Wilton will get another chance to apply for a Community Development Block Grant to improve the facades of downtown businesses.
January 18, 2017
A small, but significant sale in Westbrook
Laurie Schreiber January 17, 2017Scott Smith, his brother Kurt Smith and their long-time friend Marc Cole purchased 212 Brown St. in Westbrook under the name Clarke Painting Inc., from Tee LLC for $400,000, in a deal that closed Jan. 7.
Laurie Schreiber January 17, 2017MEREDA conference is sold out
January 17, 2017The Maine Real Estate & Development Association's annual forecast conference on Thursday is sold out, the organization said Monday.
January 17, 2017
Bulgarian émigré launches restoration of former Belfast school
Laurie Schreiber January 15, 2017An émigré from Bulgaria who's fallen in love with Belfast has purchased an old school building that he envisions as a multi-use facility for businesses and the city's cultural community.
Laurie Schreiber January 15, 2017
An $18M redevelopment planned for Eastport cannery
Peter Van Allen January 13, 2017A Kansas City developer will partner with an Eastport group to redevelop the waterfront American Can Co. factory.
Peter Van Allen January 13, 2017
Bangor Savings unveils plan for waterfront
Peter Van Allen January 12, 2017Bangor Savings Bank plans to develop a campus on the Bangor waterfront, a move it says will help accommodate its projected growth.
Peter Van Allen January 12, 2017
Maine among top states in inventory of foreclosed homes
Staff January 12, 2017Maine is among the states with the highest percentage of foreclosure inventory on its mortgaged homes, according to a foreclosure report released on Jan 10.
Staff January 12, 2017Some flux in Washington Avenue’s restaurant scene
January 11, 2017Roustabout, a Portland restaurant on Washington Avenue, closed its doors this week, but another venue is set to open.
January 11, 2017Augusta’s Key Plaza going to auction
January 11, 2017A prominent downtown Augusta building, Key Plaza at 286 Water St., is headed to the auction block.
January 11, 2017Will Richmond emerge as a foodie town?
January 10, 2017Two new restaurants, Kimberly's Restaurant and Lounge and the Village Café, have opened in Richmond, filling vacancies on its downtown Main Street.
January 10, 2017
Firm's proposal to demolish former Great Northern mill raises questions
January 10, 2017North American Recovery Management, a Florida-based demolition company that purchased the former Great Northern Paper mill in East Millinocket last March, has filed an application with the state to raze the mill's buildings.
January 10, 2017
PC Construction 'tops out' new Jax Lab research building
Staff January 10, 2017PC Construction celebrated a major milestone in its $14.25 million construction project for Jackson Laboratory when it bolted the final piece of structural steel in place Monday for the lab’s new Center for Biometric Analysis in Bar Harbor.
Staff January 10, 2017
Today's Poll
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.
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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