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The proposed wage hike could affect many businesses, especially those in the hospitality and social services sectors.
So far in 2025, Portland has seen a wave of changes across its business landscape. This recap covers the most notable developments, from restaurant closures and business shutdowns to new openings.
Portland Housing Authority has made several staff updates to its management team.
The $87.8 million affordable housing development will replace a surface parking lot on the corner of Elm and Oxford streets. It's a joint project between Avesta Housing and Reveler Development.
Annie Leahy, executive director of Mechanics' Hall, talks about an initiative to fill empty downtown storefronts with art installations to "tell a visual story" about what the space cold become.
Orono Lofts will be a three-story, 40,000-square-foot building at 74 Mill St. The building was originally constructed in the 1800s as a church before being converted for Byers Manufacturing.
Captain Mowatt’s makes 33 different hot sauces, barbecue sauces and other spicy condiments. The lineup ranges from mild to wild, says Stevens.
Proceeds from the asst sale, to a Vermont-based telecom company, will be used to pay Tilson's creditors as it seeks Chapter 11 bankruptcy protection.
The Traditional Arts Network is a collaboration between Mayo Street Arts in Portland and Cultural Resources in Rockport.
Spinnaker Trust, a Portland-based wealth management firm, has hired Tim Kaijala as vice president and deputy chief investment officer.
The Portland City Council is weighing a controversial proposed hike to the city’s minimum wage.
The proposal would increase the minimum wage from $15.50 per hour to $20 per hour within four years. (The statewide hourly minimum wage is $14.65.)
The proposal does not include a wage hike for tipped workers who are currently paid an hourly wage of $7.75, but employers are required to ensure that wages and tips combined total $15.50 per hour.
While inflation pressures have made it hard to survive on the minimum wage, many business owners are concerned the hike would cut already thin margins.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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