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Real Estate & Construction
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Bath Housing adds board members with a range of skill sets
July 31, 2023An architect and designer of community-based residential projects, an economist from Bowdoin College and a former librarian and land protection specialist bring unique skills to the Bath Housing board.
July 31, 2023
Tom's of Maine founders put Kennebunk home on the market
Updated: July 31, 2023The Federal-style home, once known as Lexington Elms, dates to 1799. The Chappells have lived there since 1983.
Updated: July 31, 2023
In Lewiston, first of planned Choice Neighborhood developments breaks ground
July 27, 2023More than 180 affordable housing units are planned under the Lewiston Choice Neighborhoods Initiative. Officials recently broke ground on Wedgewood, the first of two planned developments.
July 27, 2023
Real Estate Insider: Home prices keep climbing, but you'll have to be patient to find a place
Updated: July 27, 2023Maine's median sales price continues to hit new levels. June marked a high, with a median sales price of $385,000 statewide, an increase of 6.45%. As recently as 2017, Maine's median sales price was $200,000, so we're pushing into new territory.
Updated: July 27, 2023
'Be patiently aggressive': How to relocate your industrial business in a tight real estate market
Updated: July 24, 2023Finding industrial real estate in southern Maine will require resourcefulness, patience, compromise, flexibility and a proactive approach, writes guest columnist Justin Lamontagne.
Updated: July 24, 2023
19th century inn in Northeast Harbor sells for $7.75M
Updated: July 21, 2023The Savage family settled on land ub Northeast Harbor in 1798. The first cottage dates to 1854. The inn will remain open for the 2023 season before undergoing restoration.
Updated: July 21, 2023
Brunswick retail space with tenants Dunkin' and Subway goes for $5.25M
Updated: July 24, 2023The off-market sale of a group of retail properties for $5.25 million signals the continued strength of the Brunswick market.
Updated: July 24, 2023
AV company grows into larger digs at the Downs' Innovation District
Updated: August 7, 2023Stone Mountain Sound leased the space from M&R Holdings LLC. The owners had looked for a warehouse for some four years. “I think this is an endangered species in the Portland area,” said one.
Updated: August 7, 2023
How developers are remaking a former hospital site to suit a historic Portland neighborhood
Updated: July 24, 2023Under NewHeight Redfern — a joint venture between two Portland development firms, NewHeight Group and Redfern Properties — the former Mercy Hospital site at 120 State St. is being transformed into 165 rental apartments and ground-floor commercial
Updated: July 24, 2023
Inner space: Converting vacant offices for other uses gains traction in Maine
Updated: July 24, 2023Evolving work habits play out on the property market, sparking a growing number of conversions of unused or underused offices into other kinds of properties, from light industrial to residential and educational.
Updated: July 24, 2023
Building Business: Landry/French to manage Skowhegan school construction
Updated: July 24, 2023Maine construction firms are busy with projects ranging from an elementary school in Skowhegan to a Tyler Technologies site in Orono to a renovation for a Hannaford supermarket in Scarborough.
Updated: July 24, 2023
Ask ACE: Can I save money if I act as my own general contractor?
Updated: June 14, 2024Handling a project yourself can save money, but it can also add a range of headaches, as our Ask ACE columnist writes.
Updated: June 14, 2024Pace of construction may have slowed, but it’s still moving at a rapid clip
Updated: July 24, 2023The past several years have been fraught with bad news about spiraling construction costs, supply-chain issues, labor shortages, rising interest rates, inflation and a host of other challenges. Yet through it all developers and construction firms
Updated: July 24, 2023
Portland Foreside developer plans retail, residences, luxury hotel on city's East End
Updated: July 20, 2023The next development phase, expected to cost between $600 million and $700 million, will cover close to one million square feet.
Updated: July 20, 2023
Aroostook County native starts gym business in Caribou, expands to Presque Isle
Updated: July 31, 2023A 24-year-old fitness enthusiast and Aroostook County native sees a market for private gyms. “There’s a lot of enthusiasm in the fitness space now,” said Andre Rossignol.
Updated: July 31, 2023
First of its kind Maine housing relief program expanded
Updated: July 20, 2023Landlords and home sharers receive tenant recommendations and guaranteed rent. A goal is to house folks at the Expo’s temporary emergency shelter, closing Aug. 16.
Updated: July 20, 2023
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