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Real Estate & Construction

  • Architect seeks to expand Old Port block

    November 7, 2014

    The winning architect of a contest to redesign a block of Portland’s Old Port has proposed to double its footprint, add a skywalk and open space for housing, offices or hotel rooms.

    November 7, 2014
  • Mortgage lender opens fifth Maine branch

    November 6, 2014

    Danvers, Mass.-based Mortgage Network Inc. has opened a new branch in Freeport as part of its strategy to expand in areas where the housing market has been recovering.

    November 6, 2014
  • Dollar General to open five Maine stores

    November 5, 2014

    Dollar General Corp., the country's largest small-box retailer, is expected to hire up to 50 employees for five stores under construction in central and southern Maine.

    November 5, 2014
  • Ex-Hostess plant in Biddeford sells at discount

    Peter Van Allen November 4, 2014

    A former Hostess plant in Biddeford sold for $6.9 million, a broker for the deal reported.

    Peter Van Allen November 4, 2014
  • University seeking alternatives to Summit

    November 3, 2014

    A Maine university that has been expected to become one of two anchor customers for a natural gas expansion in western Maine said it is exploring alternative energy sources in light of a delay by Summit Natural Gas of Maine.

    November 3, 2014
  • Real Estate Sales, November

    Cbre|the Boulos Co. November 3, 2014

    415 Payne Road, Scarborough: 24,850-square-foot retail building on 3 acres sold to Euphoria 415 LLC by Payne Road Realty Trust for $2,200,000. Mark Malone of Malone Commercial Brokers, Lara Sessler of DJM Real Estate and Craig You

    Cbre|the Boulos Co. November 3, 2014
  • Keeping the 'port' in Portland: HNTB helps revitalize city's International Marine Terminal

    James McCarthy November 3, 2014

    When Eimskip, Iceland’s largest shipping company, announced in the spring of 2013 that it was moving its U.S.

    James McCarthy November 3, 2014
  • PUC to consider natural gas expansion plans

    October 31, 2014

    State regulators will review three proposals for natural gas expansion that could cost Maine $75 million annually for 20 years, but could also help it avoid future spikes in electricity costs.

    October 31, 2014
  • Hilton-brand hotel proposed in Augusta

    October 31, 2014

    An Auburn-based developer is proposing a four-story, 120-room, Hilton-brand hotel in Augusta that would be visible from Interstate 95 and located among a group of other hotels.

    October 31, 2014
  • NewPage plans to sell its only Maine mill

    October 31, 2014

    NewPage has reached an agreement to sell its only paper mill in Maine, along with a mill in Wisconsin, to Canada-based Catalyst Paper for $74 million.

    October 31, 2014
  • Downeaster to add Kennebunk stop

    October 29, 2014

    The operator of the Amtrak Downeaster is planning to add a seasonal stop in Kennebunk, which is expected to boost the town’s tourism efforts.

    October 29, 2014
  • Group urges vote on job-creating ballot measure

    October 29, 2014

    A coalition of Maine businesses is urging voters to approve ballot question No. 3 on Nov. 4, saying it will continue funding two state loan programs that have created thousands of jobs.

    October 29, 2014
  • Jay couple seeks partners to redevelop mill

    October 28, 2014

    The owners of the Otis Falls Mill in Jay are seeking investors and a developer to help them redevelop the former paper mill, possibly opening it up for use by the movie industry.

    October 28, 2014
  • Former Navy hotel to become senior housing

    October 27, 2014

    Rousseau Enterprises, an elder-care provider with several facilities in Brunswick, plans to transform the former U.S. Navy hotel at Brunswick Landing into an 82-unit senior housing complex.

    October 27, 2014
  • Bank’s future in Kennebunk hinges on ballot

    October 24, 2014

    Kennebunk Savings’ future in Kennebunk is reportedly hinging on a referendum question on the town’s local ballot that would allow the bank to expand operations there.

    October 24, 2014
  • Maine home sales on the rise

    October 23, 2014

    Sales of existing single-family homes in Maine increased in September by 6.6% over the same month last year, while the national figure dropped slightly.

    October 23, 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.