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Real Estate & Construction

  • Fundraising by Maine companies rolls on with distillery, real estate firm

    Lori Valigra February 5, 2016

    The strong fund raising by Maine companies this year is continuing with two Feb. 4 filings with the U.S. Securities and Exchange Commission.

    Lori Valigra February 5, 2016
  • Bar Harbor council backs rehab of major street

    February 5, 2016

    Bar Harbor's town council designated $25,000 for an infrastructure design study on Cottage Street, one of the popular summer tourist town's two main corridors central to commerce.

    February 5, 2016
  • Hallowell developer wants to demolish 19th century building

    February 5, 2016

    Builder Steve Hammond has proposed demolishing a mixed-use structure at 226 Water St. in Hallowell, but Row House, a nonprofit that works to preserve Hallowell's historic sites, said it believes the building dates to the mid-1850s and qualifies for

    February 5, 2016
  • Portland's Congress Square redesign project nets over 100 bids

    February 4, 2016

    The city of Portland received more than 100 submissions for its Congress Square redesign project, with some public art proposals coming from as far away as the United Kingdom.

    February 4, 2016
  • Condo developer proposes six-story India Street development

    February 3, 2016

    The India Street neighborhood could be the home to a new six-story residential building, based on plans a local developer has submitted to Portland city officials.

    February 3, 2016
  • MaineToday Media sells longtime South Portland location

    February 3, 2016

    MaineToday Media, the owner and publisher of The Portland Press Herald, Maine Sunday Telegram, Kennebec Journal, Waterville Sentinel and The Coastal Journal, has sold its printing plant in South Portland.

    February 3, 2016
  • Improved market enhances Yarmouth’s Main Street

    February 3, 2016

    Handy's Market and Café owner Sean Ireland has completed construction of a new carriage house — Wi-Fi, cafe-style seating on the first floor, and an upstairs “community board room” — behind the business, The Forecaster reported.

    February 3, 2016
  • 2015 construction spending its highest in eight years

    February 1, 2016

    U.S. construction spending continued its rebound in December and total spending in 2015 reached its highest level since 2007.

    February 1, 2016
  • Real Estate Sales, February

    January 31, 2016

    212 Canco Road, Portland: 68,730-square-foot warehouse sold to the City of Portland by 212 Canco Realty LLC for $2,900,000. Tom Moulton and Greg Hastings of NAI The Dunham Group brokered the deal, which closed Feb. 11.

    January 31, 2016
  • Maine tribal communities awarded HUD grants

    January 28, 2016

    Both the Penobscot Indian Nation and the Houlton Band of Maliseets are the recipients of Housing and Urban Development grants.

    January 28, 2016
  • Camden complex to be converted to senior community

    January 26, 2016

    Three connected commercial buildings that run along Mechanic Street in downtown Camden are being renovated, with plans to convert the upper floors into housing for people 55 years and older.

    January 26, 2016
  • Sales of single-family homes rise 11% — the good news doesn't stop there

    January 25, 2016

    A report released on Friday by The Maine Association of Realtors shows that the state's real estate market mirrors the national growth of the industry.

    January 25, 2016
  • Bucksport looks to residents for economic development ideas

    January 25, 2016

    The town of Bucksport has begun a broad-based process to develop strategies for future development with help from two grants totaling $39K.

    January 25, 2016
  • Historic Richmond building rehab aims for modern uses

    January 25, 2016

    Renovations of the 14,000-square-foot Hathorn Block, located on the corner of Main and Front streets in Richmond, are aimed for up-to-date use as a mix of commercial and residential spaces.

    January 25, 2016
  • Patriot Insurance finds new home

    Laurie Schreiber January 25, 2016

    Patriot Insurance's purchase and planned development of a historic motel complex on Route 1 in Yarmouth will give the company a permanent home and further connections to the town where it is based.

    Laurie Schreiber January 25, 2016
  • A grand Boothbay resort will get makeover

    Laurie Schreiber January 24, 2016

    Two prominent business leaders plan a substantial investment in an iconic summer resort in Boothbay Harbor.

    Laurie Schreiber January 24, 2016

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Today's Poll

What's your mode of transportation for Thanksgiving?
Choices
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.