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Real Estate & Construction

  • Verso delays Bucksport mill closure

    December 1, 2014

    The Verso Paper mill in Bucksport will now stay open until the end of the year, giving a little relief to nearly 550 workers who initially thought the closure would happen Monday.

    December 1, 2014
  • Real Estate Sales, December

    Cbre|the Boulos Co. December 1, 2014

    591 U.S. Route 1, Scarborough: The Dunstan School Restaurant building sold to 591 U.S. Route 1 LLC by Cecilia Don LLC for $1,480,000.

    Cbre|the Boulos Co. December 1, 2014
  • Adding depth to ‘shallow economies’: In field of New Markets Tax Credits, CEI has found a niche

    Douglas Rooks December 1, 2014

    Legislation creating the New Markets Tax Credit program was enacted by Congress in 2000 with unusually strong bipartisan majorities, and signed into law by President Bill Clinton.

    Douglas Rooks December 1, 2014
  • KeyBank gives $200K to Maine Medical Center

    November 26, 2014

    KeyBank has donated $200,000 to Maine Medical Center in Portland to construct a new waiting room that aims to provide an "aesthetically healing" environment for families.

    November 26, 2014
  • Smitty's Cinema to open fourth Maine location

    November 25, 2014

    Smitty’s Cinema, a small “cinema pub” chain that has locations in Biddeford, Sanford and Windham, will open its fourth location in Maine by early summer next year.

    November 25, 2014
  • South Portland may sell ex-National Guard post

    November 21, 2014

    South Portland’s former National Guard armory, once sought as a top destination for filmmakers, may be turned into a convenience store, cafe and gas station if a sale goes through.

    November 21, 2014
  • Grocer buys well-known Scarborough eatery

    November 21, 2014

    The Dunstan School Restaurant, a former schoolhouse that is highly visible on Route 1 in Scarborough, will be converted into a natural foods grocer after having been sold recently.

    November 21, 2014
  • Maine home sales spike in October

    November 21, 2014

    Sales of existing single-family homes in Maine spiked in October, increasing by 26.24% over the same month last year, while the median sales price hardly budged.

    November 21, 2014
  • Two retailers coming to Bangor in $11M plan

    November 20, 2014

    A developer is planning to invest $11 million to bring BJ's Wholesale Club and another retailer to a former Home Depot location in Bangor that has been vacant for about six years.

    November 20, 2014
  • Portland waterfront plan raises concerns

    November 19, 2014

    Some residents are expressing concerns over a developer’s proposal to construct buildings as tall as 65 feet in a Portland waterfront property sought for redevelopment.

    November 19, 2014
  • CEI, MCF partner to boost rural development

    November 17, 2014

    The Maine Community Foundation has partnered with Wiscasset-based CEI (Coastal Enterprises Inc.) to boost downtown- and fisheries-related development in rural Maine.

    November 17, 2014
  • Sales process OK'd for GNP mill

    November 17, 2014

    The sales process for the Great Northern Paper Co. paper mill in East Millinocket is moving forward after receiving approval from a bankruptcy court judge on Friday.

    November 17, 2014
  • Rising sea levels to impact Bath businesses

    November 12, 2014

    Rising sea levels in the next 100 years are expected to have an impact on Bath’s downtown waterfront area and a number of businesses along with it.

    November 12, 2014
  • Biddeford touts $50M mill redevelopment plan

    November 12, 2014

    Biddeford officials announced on Thursday a $50 million redevelopment plan by a private developer to convert the Lincoln Mill into apartments, a hotel and restaurants.

    November 12, 2014
  • Work begins on $6.5M memory care facility

    November 12, 2014

    Construction work began this week on a new $6.5 million, 64-bed memory care facility in Lewiston — a facility that is said to be the first of its kind in the area.

    November 12, 2014
  • DEP delays Downeaster permit meeting

    November 11, 2014

    The proposed Amtrak Downeaster layover facility in Brunswick faces yet another delay by the Maine Department of Environmental Protection, this time a postponement of Thursday’s meeting in Brunswick that had been scheduled to review the North

    November 11, 2014

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Today's Poll

How are you keeping your event calendar manageable?
Choices
Poll Description

Sponsored by Kennebunk Savings Bank

In this post-pandemic world, people are feeling stretched thin with overbooked calendars and a never-ending list of events to attend.

In the past couple of years, new events have been added to the must-attend list, including Northeastern University's Roux Institute, which teamed up with the Maine Technology Institute for a new event series, "Breakthrough Maine."

Other upcoming business events in Portland include "Eggs & Issues: Seriously, Another Hotel?!" on Oct. 16, hosted by the Portland Regional Chamber, Maine Community Bank's 2025 LaunchPad Live Event on Oct. 21 and the "13th Annual Gateway Cities Innovation Summit" on Oct. 28.

And don't forget the 2025 Mainebiz 40 Under 40 celebration on Nov. 6.