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Real Estate & Construction
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From the Editor: Maine is trying to create affordable housing, get young people into homes
Updated: July 22, 2024In the Mainebiz print edition of July 22, story topics include affordable housing, younger home buyers and how the Aroma Joe's chain of coffee shops picks locations.
Updated: July 22, 2024
Commentary: Portland residential market was 'resilient' in first half of year
July 17, 2024Guest columnist Tom Landry, broker-owner at Benchmark Real Estate, said Portland continued to see gains in real estate sales, but some trends are emerging.
July 17, 2024
Lewiston Housing receives $2.5M for ongoing Tree Streets revitalization
Updated: July 18, 2024The supplemental HUD funding will help advance construction and redevelopment of affordable and mixed-income housing in the neighborhood.
Updated: July 18, 2024
UMaine to develop $4.5M food production lab that would expand markets
July 17, 2024Expected to open in late 2025, the lab will provide commercial-scale processing and production capacity in 4,800 square feet of space — with the potential to expand.
July 17, 2024
Maine Real Estate & Development Association names its next president
July 16, 2024MEREDA has named Shannon Richards as president of the statewide organization, succeeding Craig Young.
July 16, 2024
Second phase of Brunswick Landing apartment construction launched by Boston investor
Updated: July 16, 2024The 64 apartment units will add to 181 that were built in the initial phase, which wrapped up earlier this month. The Brunswick region is grappling with a critical need for housing.
Updated: July 16, 2024
Tree-planting in Portland’s Bayside neighborhood to enhance canopy cover
Updated: July 15, 2024The project includes removal of pavement, rock and concrete spoils typically used to fill tree wells and esplanades and instead add planting soil.
Updated: July 15, 2024
Coldwell Banker Realty opens Kennebunk office
Updated: July 15, 2024Coldwell Banker Realty in New England is a residential real estate brokerage company with approximately 6,300 affiliated agents and 90 office locations.
Updated: July 15, 2024
A pub and a gift shop open in prominent downtown Ellsworth building
Updated: July 15, 2024Separate entrances help define customer flow in the open floor plan. Most customers at the moment are tourists and summer residents. The project includes meeting the needs of year-round residents.
Updated: July 15, 2024Maine heat pump business acquired by Philadelphia home services company
July 11, 2024Dave’s World, which has six offices and nearly 100 employees across Maine, was acquired by Sila Services for an undisclosed price.
July 11, 2024
Acadia’s fundraising partner launches $10M campaign to build employee housing
July 11, 2024The park had 30% of seasonal positions unfilled this year due to lack of employee housing. The National Park Service and Friends of Acadia have identified two suitable sites on park-owned land that could provide housing for 60-plus seasonal
July 11, 2024
Portland real estate firm Core launches acquisitions division
July 11, 2024The division provides a chance for investors to derive passive income through real estate acquisition, said Josh Soley.
July 11, 2024
Bowman Constructors breaks ground on Somerset County health center
Updated: July 11, 2024Hometown Health Center, working with Bowman Constructors and Harriman, broke ground on a wellness center in Palmyra.
Updated: July 11, 2024
Former Starbucks location in Portland's Old Port is leased by Maine handbag brand
Updated: July 11, 2024Handbag maker Rough & Tumble will take over a corner spot once occupied by Starbucks, at 176 Middle St. in the Old Port.
Updated: July 11, 2024
Check out who's checking in: 3 newcomers may enter Scarborough's red-hot hotel market
Updated: July 12, 2024Ground has broken for one hotel and two others are in planning stages. If the hotels are built as proposed, nearly 400 rooms would be added to a town with 650 of them.
Updated: July 12, 2024
After legal fight, owner of Lumbery in Cape Elizabeth wants to sell for $1.25M
July 9, 2024The town dropped a lawsuit against the business for display violations. The owners sees untapped potential for the business and land, but lacks the cash and energy "to reach the next level."
July 9, 2024
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