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Real Estate & Construction
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Business Leaders: Drew Lyman covers the waterfront as boatbuilder, developer
Updated: March 20, 2023In addition to being a significant employer in Thomaston, Drew Lyman led the $15 million redevelopment of the Camden waterfront, expanding the original Wayfayer boatyard to include 44,000 square feet of retail and restaurant space, office space and
Updated: March 20, 2023Leadership comes in many forms
Updated: March 20, 2023While we tend to choose just one “leader” from a company or nonprofit for the Business Leaders of the Year, we do acknowledge that organizations are made up of teams of people with varied backgrounds and skills.
Updated: March 20, 2023
Maine Irish Heritage Center gets $3M for much-needed repair work
Updated: March 16, 2023The center, which is based in the former St. Dominic's Church in Portland, received $3 million from U.S. Rep. Chellie Pingree. The funding will pay for exterior work that should seal up leaks that have already caused interior damage.
Updated: March 16, 2023
Historic riverside Hallowell building sells for $2.4M
Updated: March 13, 2023“I’ve always loved Hallowell ever since I was a young kid and my dad took us to Dom's for haircuts and we went to Hayes Bakery,” said the buyer.
Updated: March 13, 2023
Green Tree Realty Joins Portside Real Estate Group
Updated: March 13, 2023The acquisition includes Green Tree’s owner and broker, Veronica Schneider, and four additional agents. Schneider said the deal will give her more time to dedicate to clients.
Updated: March 13, 2023
Logging survey shows market conditions weighing on industry
March 9, 2023Sixty-seven percent of responding logging firms said they saw their business costs rise between 21% and 40% in the two years following September 2020.
March 9, 2023
Ice, ice baby: Norway Savings renews Auburn ice arena naming rights
Updated: March 7, 2023Auburn's facility is home to the second-largest youth hockey program in the state, six local high schools and special hockey events, including Maine Mariners hockey and the University of Maine's Lady Black Bears.
Updated: March 7, 2023
Maine's out-of-state homebuyers came from these states last year
March 6, 2023Out-of-state home buyers in Maine were led by residents from Massachusetts, N.H. and Florida in 2022, but the pace of buying slowed from 2021.
March 6, 2023
After $125 million retrofit, TimberHP's Madison mill will produce high-performance insulation
Updated: March 5, 2023While wood fiber insulation is popular in Europe, TimberHP will be the first company to produce it in the United States. The company expects to roll out the first of three planned product lines in April.
Updated: March 5, 2023Both sides weigh in as Pine Tree Development Zone tax incentive program faces renewal
March 3, 2023The Maine State Chamber of Commerce has signaled its support for the program, but at least one tax analyst questioned how effective the incentive has been.
March 3, 2023
Saco establishes grant programs for small businesses and downtown facade improvements
March 3, 2023Grants for up to $15,000 are available for both the Small Business Grant Program and the Downtown Facade Grant Program.
March 3, 2023
A roundup of Maine's commercial leases for the month of February 2023
March 2, 2023Here’s a roundup of commercial leases in Maine first published in the weekly Mainebiz Real Estate Insider in February. The information is provided by brokerages, and thus does not include privately managed transactions.
March 2, 2023
Building Business: Significant construction projects underway around Maine
Updated: March 6, 2023Construction projects underway include the Vertical Harvest site in Westbrook, a new maintenance facility at Acadia National Park and an education and research center at Wolfe's Neck in Freeport.
Updated: March 6, 2023
Real Estate Insider notebook: One Maine home broker averaged sales of $890,000 last year
March 1, 2023The sale of a home for $8.5 million helped bolster the average sale price at Legacy Properties Sotheby's International Realty.
March 1, 2023
The Downs has been successful. How can other towns replicate it?
Updated: March 1, 2023The Downs in Scarborough is a 500-acre development that has added more than 30 businesses and 2,000 housing units in the past few years. A broker representing the Innovation District at the Downs offers his take on how other towns can replicate the
Updated: March 1, 2023
The Portland home built for Maine's first Chief Justice will house nonprofit services provider
Updated: March 6, 2023Eighteen months and $1 million went into the redevelopment of an early 19th-century building in the West End that was built for Prentice Mellen, who was a U.S. Senator prior to his term as Chief Justice of the Maine Supreme Judicial Court.
Updated: March 6, 2023
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