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Real Estate & Construction

  • USM president wants major changes at Portland campus

    October 5, 2016

    New dorms, a performing arts center and reconfiguring a major connector road that cuts through the campus were just some of the items on USM President Glenn Cummings' wish list.

    October 5, 2016

  • Retail strip seen benefiting from Falmouth, Portland markets

    Laurie Schreiber October 3, 2016

    FALMOUTH — Buyers of a retail strip at 65 Gray Road say their investment is in a vibrant community that's adjacent to Portland's happening scene.

    Laurie Schreiber October 3, 2016

  • Changes are brewing in Portland’s East Bayside food hub

    October 3, 2016

    A shakeup is coming to Portland's popular East Bayside neighborhood as Tandem Coffee Roasters announced that it would be expanding its wholesale business into the soon-to-be former home of its neighbors, Bunker Brewing Company.

    October 3, 2016

  • Maine Medical Center head Richard Petersen talks $512M expansion

    Jennifer Van Allen October 3, 2016

    Maine Medical Center, led by President and CEO Richard Petersen, recently announced a $512 million, 300,000-square-foot expansion, the largest in the Portland hospital's history. The project, which requires permitting and regulatory approval, is

    Jennifer Van Allen October 3, 2016

  • Real Estate Transactions October 2016

    October 1, 2016

    15 Lowell St., Portland: Office building sold to Maine Eye SPE by Tundra Associates LLP for $6.55 million. Dan Greenstein and Greg Boulos with CBRE|The Boulos Company brokered the deal, which closed Oct. 4, 2016.

    October 1, 2016

  • Farmers' Almanac predicts big savings with expansive solar array

    Staff September 30, 2016

    Farmers' Almanac publisher Geiger Group is investing $12 million to convert its former manufacturing space in Lewiston into a 105,000-square-foot office and distribution space, which will be primarily powered by a 620-panel solar installation, one

    Staff September 30, 2016

  • Organic waste reuse company's Unity expansion touts job creation

    Staff September 30, 2016

    Thirty new jobs and $4 million in economic investment will be coming to Unity, following the announcement by Canadian-based Envirem Organics that it plans to open its first U.S. facility in the town.

    Staff September 30, 2016

  • Zoning changes could bring condos to Peaks Island

    September 29, 2016

    Peaks Island could be home to over a dozen condominiums if a proposed zoning change from North Carolina-developer Kevin Carter gets the green light from Portland officials.

    September 29, 2016

  • National furniture chain West Elm sets sights on Portland

    September 29, 2016

    National furniture and housewares retailer West Elm will be opening its first store in Maine next year in Portland's Old Port District.

    September 29, 2016

  • Maine Coast Waldorf School launches $6.1M expansion campaign

    September 28, 2016

    The Freeport-based Maine Coast Waldorf School has launched the largest capital campaign in its 32-year history to fund three major projects on its campus.

    September 28, 2016

  • Bangor’s second Hibachi grill firing up at Stillwater Crossing

    September 27, 2016

    The sole open space at Bangor's Stillwater Crossing has found its tenant, as the owners of the Portland-based Kon Asian Bistro have signed a lease to open a hibachi-style restaurant in the retail plaza.

    September 27, 2016

  • Developer with an eye for 'fixer-uppers' finds a Skowhegan plaza

    Laurie Schreiber September 25, 2016

    SKOWHEGAN — Real estate developer Dana Cassidy has immediately launched into improvements for the forlorn Skowhegan Village Plaza, a retail center at 338 Madison Ave. that he purchased in August.

    Laurie Schreiber September 25, 2016

  • Maine single-family home sales jump 11% in August

    Staff September 23, 2016

    Confident buyers pushed up sales of existing single-family homes 10.78% across the state during August, while the median sales price rose 5.35%, according to the Maine Association of Realtors.

    Staff September 23, 2016

  • Oxford Casino chooses contractor for $25M expansion

    September 22, 2016

    Officials at Oxford Casino say they are close to signing a general contractor for the multimillion dollar expansion, which will include a 106-room hotel and restaurant.

    September 22, 2016

  • Developer unveils $250M Portland waterfront redevelopment plan

    Staff September 21, 2016

    Portland-based CPB2 LLC, unveiled its $250 million plan for the former Portland Co. complex at 58 Fore St., transforming the city's eastern waterfront.

    Staff September 21, 2016

  • ImmuCell's gets OK for Portland expansion tax break

    September 20, 2016

    Portland's City Council gave the green light to animal health products manufacturer ImmuCell Corp. to get $375,000 in local financing through a 12-year tax break to help its expansion.

    September 20, 2016

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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.

More Information