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Real Estate & Construction
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2023 Forecast: Rock Row expects to add new tenants
Updated: January 9, 2023In 2023, developer Waterstone Properties Group is going to finish what it started in 2022 by adding four new properties to Rock Row, which also now includes New England Cancer Center along with residential housing.
Updated: January 9, 2023
2023 Forecast: Allagash Brewing sees ‘big opportunity’ in Scarborough
Updated: January 9, 2023Maine's biggest brewer is building a new tasting room at the Downs mixed-use development in Scarborough and planning a bevy of new product releases this year.
Updated: January 9, 2023
2023 Forecast: Maine Law embarks on new chapters in Portland, Fort Kent
Updated: January 9, 2023The University of Maine School of Law is setting up a new base in Portland and a Rural Practice Clinic in Fort Kent.
Updated: January 9, 2023
2023 Forecast: Avesta to add 167 affordable dwellings in coming months
Updated: January 9, 2023"We are working diligently to provide more homes for people in need," says Rebecca Hatfield, president and CEO of Avesta Housing.
Updated: January 9, 2023
2023 Forecast: Office market is strong overall, but uncertainty continues
Updated: January 9, 2023The biggest variable in commercial real estate over the past year has been commercial office space. That’s likely to continue through 2023.
Updated: January 9, 2023
2023 Forecast: Tight housing market and price appreciation likely to continue
Updated: January 9, 2023With rising interest rates and tight inventory, Maine’s residential real estate market is likely to see fewer transactions in 2023 than in the last three years. But mortgage rates might have peaked.
Updated: January 9, 2023
2023 Forecast: Brunswick Landing’s goals include early tech development and new space
Updated: January 9, 2023Brunswick Landing is attracting startups focused on innovation — including the ongoing development of the 'new space' industry.
Updated: January 9, 2023
With New Year upon us, a number of projects are completed
Updated: January 9, 2023The new year ushered in new space for Maine Law and Waterville's Paul J. Schupf Art Center, which will also serve as the headquarters for Waterville Creates.
Updated: January 9, 2023
Investors in Freeport retail space see a downtown on cusp of transition
January 4, 2023Market hits over more than a decade have hurt Freeport’s commercial spaces and the new investors see the portfolio is an opportunity to be creative.
January 4, 2023
Landry/French hires COO with strong commercial construction background
January 3, 2023Denis Garriepy has 22 years of experience in commercial construction, including management firms in the Boston area.
January 3, 2023
Bar Harbor eyes unused parts of ferry terminal for redevelopment
Updated: January 3, 2023GEI Consultants is expected to provide a summary of stakeholder input by the end of February, along with a draft concept plan for demolishing some deteriorating facilities and building a new boat ramp
Updated: January 3, 2023Bangor's new development director keys in on housing
Updated: January 3, 2023Anne Krieg was recently promoted from Bangor's planning officer to director of development, succeeding Tanya Emery.
Updated: January 3, 2023
Habitat for Humanity York County buys first permanent home
Updated: January 2, 2023The new location will provide more space for the retail operation Restore, which generates revenue to expand the housing mission.
Updated: January 2, 2023
Preservation grant to breathe new life into East Machias church and Wayne Masonic Hall
December 30, 2022The funds are expected to take the buildings “from imminent danger to become viable reuse projects, providing expanded economic, cultural, and community opportunity.”
December 30, 2022
Sugarloaf’s $104M expansion proposal advances with DEP approval
December 30, 2022Goals include supporting more entry-level and multigenerational use, relieving traffic congestion, promoting summertime activity and increasing skier visits.
December 30, 2022
Bar Harbor explores impact fees to prioritize housing
December 28, 2022Councilors seek a balance with tourism-related developments that overwhelm the town’s infrastructure but also bring jobs, property tax revenue and families.
December 28, 2022
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