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Real Estate & Construction
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58 units of affordable housing planned for Bucksport
Updated: February 7, 2024Pending financing from MaineHousing, the two-phase project could break ground this fall. Planners said 55-and-over housing is needed in Bucksport.
Updated: February 7, 2024
Future of office market still a big unknown for Maine's real estate industry, report says
February 6, 2024“Will employers find the right carrot — or stick — to bring employees back to the office?” If not, many tenants might give up their office space entirely or downsize.
February 6, 2024
Fast-growing coffee chain Aroma Joe’s relocates HQ to Enterprise Business Park in Scarborough
February 5, 2024The need for a more collaborative and purpose-built HQ became apparent with the company’s rapid growth.
February 5, 2024
For first time since 2011, Portland area's industrial vacancy rate falls below 1%
Updated: February 5, 2024Out of 19 million square feet in Greater Portland industrial space, only 125,000 square feet is vacant.
Updated: February 5, 2024
Katahdin Woods and Waters receives $1M grant toward monument's visitor center
February 2, 2024Construction of the Tekαkαpimək Contact Station is nearing completion, and it's expected to open in August.
February 2, 2024
Newsworthy people and performances for Feb. 5, 2024
Updated: February 5, 2024A roundup of new hires, promotions and achievements at businesses, nonprofits and professional firms in Maine.
Updated: February 5, 2024
Word on the street: Office conversions, ‘liberated work’ setups top Maine development trends
Updated: February 5, 2024In a sequel to last year’s “Word on the street” real estate feature, this year’s edition highlights commercial devel
Updated: February 5, 2024
Commercial development in Ellsworth is booming
Updated: February 5, 2024Ellsworth saw a substantial uptick in 2023, with investment of $85.5 million into 570,000 square feet of projects that spanned new builds, expansions, improvements and renovations.
Updated: February 5, 2024
Turning the tide: How climate change is reshaping waterfront development in Maine
Updated: February 5, 2024From Maine’s coast to inland rivers, private developers and others are building with an eye to a stormier future. They see it not just as a challenge, but as an opportunity to innovate.
Updated: February 5, 2024
Building Business: Looking ahead at several projects in the planning stages
Updated: February 5, 2024Here's a look at three projects that will break ground in coming months — in Brunswick, Kittery and Portland.
Updated: February 5, 2024From the Editor: Location, location, location still drives real estate projects
Updated: February 5, 2024As much as the real estate market has been affected by higher interest rates, a shortage of supply and even Mother Nature, developers have continued to break ground on new projects in Maine.
Updated: February 5, 2024Underwater mortgages just rose across the U.S., but Maine homes are staying dry
February 1, 2024More homes across the country have mortgages that far exceed their market value, but Maine ranks No. 2 among states with equity-rich properties.
February 1, 2024
$2M marsh deal on York River considered critical climate-change safeguard
Updated: February 1, 2024Maine’s North Woods region conjures images of vast forests and abundant wildlife, but southern Maine hosts the state’s highest species and ecosystem diversity.
Updated: February 1, 2024
Biden approves federal disaster assistance for much of Maine in wake of December storm
January 31, 2024President Joe Biden has approved a federal disaster declaration for Maine to help recovery efforts following the severe wind and rain storms that hit the state in December.
January 31, 2024With growth in auction business, Tranzon adopts co-CEO model
Updated: February 5, 2024Mike Carey and Samantha Saturley Kelley will oversee day-to-day operations with the goal of driving growth for the burgeoning auction business.
Updated: February 5, 2024The Dunham Group elevates 'high-volume' broker to partner
Updated: February 5, 2024Sam LeGeyt’s promotion reflects his brokerage achievements as well as his leadership and contributions to the Dunham Group, which he joined in 2018.
Updated: February 5, 2024
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