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Real Estate & Construction
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Maine lakes add $14B per year to economy, new report says
April 12, 2024At $13.3 billion, lakefront properties contribute the biggest chunk of value. But challenges include development, invasive species and climate change.
April 12, 2024
Bath Housing gets $4M jumpstart to build 24 affordable rental units
April 12, 2024The money, from the a recent federal appropriations bill, allows Bath Housing to expedite Phase II of the project, considered an important development given the ongoing need for housing in the community.
April 12, 2024
Bar Harbor bike shop and property change hands after 45 years
Updated: April 15, 2024Owners of the Bar Harbor Bicycle Shop sold the real estate to College of the Atlantic for housing, while the business itself was sold to customers and will operate as is.
Updated: April 15, 2024
Despite adversity, retail market is expected to be strong this year
Updated: April 15, 2024Despite higher interest rates and a host of winter storms, the outlook for the retail sector is strong, says Peter Harrington of Malone Commercial Brokers.
Updated: April 15, 2024Boulos bolsters staff with new hires and promotions
Updated: April 15, 2024The company hired an executive assistant and an associate and promoted two associates to associate brokers.
Updated: April 15, 2024
PC Construction receives award from Associated General Contractors of America
Updated: April 15, 2024PC Construction received a Construction Risk Partners Build America Award in the $76 million to $125 million new building category.
Updated: April 15, 2024
Newsworthy people and performances for April 15, 2024
Updated: April 15, 2024A roundup of new hires, promotions and achievements at Maine's businesses, professional services firms, nonprofits and health care organizations.
Updated: April 15, 2024
Saco sees windfall in Route 1 development, filling in overlooked stretch of highway
Updated: April 15, 2024Where there were once vacant lots and fields, there's now a crop of apartments, coffee shops, retail stores and other development. More is on the way.
Updated: April 15, 2024
New builds: A range of construction projects are in the pipeline
Updated: April 15, 2024Maine has many construction projects underway, in industries from health care to tourism to renewable energy. In Trenton, the Acadia Gateway Center, a $27.7 million transit hub and welcome center, was a long time coming.
Updated: April 15, 2024
The reel deal: How Maine real estate professionals are using social media to drum up business
Updated: April 15, 2024From fun Instagram reels to new home listings, real estate agents in Maine are using social media to promote their brand, stay connected to clients, find new ones, and much more.
Updated: April 15, 2024
Building Business: By land or by sea, Cianbro answers the call
Updated: April 15, 2024A roundup of construction news from around Maine includes Cianbro's efforts to move a major piece of equipment from Brewer, by sea, to the Portsmouth Naval Shipyard.
Updated: April 15, 2024
Ask ACE: What energy-efficiency strategies can I incorporate into my new building?
Updated: June 20, 2024Energy consultant Sam Milton of Climate Resources Group offers advice about how to get the most efficient energy performance from a commercial space.
Updated: June 20, 2024From the Editor: No slowing down for real estate and construction industries
Updated: April 15, 2024Despite higher interest rates, inflation and a host of other challenges, the pace of construction in Maine isn't letting up.
Updated: April 15, 2024
Planning advances for redevelopment of former paper mill in Jay
April 11, 2024Development of the former mill, which had an industrial explosion in 2020 and closed last year, will focus on businesses looking to be near forest resources. About 1 million square feet of industrial space will be available.
April 11, 2024
Thomas College awarded $1M grant to boost science education, build lab
April 11, 2024Thomas College has been awarded a $1 million grant for a project to boost science instruction at the Waterville school.
April 11, 2024
Arts hub in Norway is making headway with renovation of vintage factory
Updated: April 11, 2024A pandemic project of artist interviews evolved to pop-up shows, then to acquiring an old snowshoe factory. Hundreds of volunteers performed initial renovations. “Norway has always been a really interesting hotbed in the arts,” said one founder.
Updated: April 11, 2024
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