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Thirteen luxury condos will replace an apartment building at 246 Eastern Promenade, a street that has not had a new development in more than five decades.
The Portland-based financial technology services provider also issued initial 2025 financial guidance.
All together, CEI invested nearly $23 million in 129 business, most of which are based in Maine.
Legacy reported a 23% increase in total sales volume over 2023, driven by a 16% growth in unit sales combined with a higher average selling price.
Joining founder Rob Whitten and principal Russ Tyson is Tom Lane, who has been with the firm since 2017 and now steps into the role of partner and owner.
The conference brings together folks to talk about trends, outlooks and ideas in the real estate and development industries.
The new HQ is viewed as a recruitment tool for the growing company. With both on-site and remote employees, the mission was to find a pleasant, productive environment and proximity to hotels.
Over the last four quarters, the Westbrook-based maker of veterinary diagnostics and software has surpassed consensus EPS estimates three times.
Kelly Dorsey, founder and director of Mast Landing Brewing Co., told Mainebiz that the company has been brainstorming innovative ways to bring in customers.
Dempsey Center President and CEO Cara Valentino is stepping down. Brandon Hotham will serve as interim amid the move to Rock Row.
The 2025 summer tourism season has gotten off to a rainy start, with rain affecting at least part of each weekend so far.
For businesses like wedding venues, tour boats or restaurants that depend on outdoor seating, rain can put a damper on attendance and sales.
Office-based businesses may not be as affected.
And farms, orchards and nurseries may welcome rain — as long as it doesn't come with high winds or all at once.
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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