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From modular construction to opportunity zones to a formula to make it affordable to build middle-income housing, private developers are finding ways to build much-needed affordable and workforce housing.
Baker Newman Noyes, a Portland-based accounting and advisory firm, has promoted three new employees at its headquarters office to principal.
The German discount grocer plans to open its first Maine store at 1100 Brighton Ave. in Portland.
Auburn-based VIP Tires & Service, with 75 locations in five states, continues its expansion, now with the third location in Connecticut.
The three-day event had been scheduled to take place in Portland this week.
The Portland seafood processor said the addition of Maine kelp industry leader Briana Warner will help support continued growth and innovation in its value-added products.
The property checked the boxes for the practice on the first floor and also for an investment, with a newly renovated apartment going in on the second floor.
Over $162,000 was awarded to match local grants to 29 organizations providing housing and/or fuel assistance to people with low incomes.
In November, Mainebiz asked, "Are you worried about how President-elect Trump's higher U.S. tariffs could affect your business?" Around 53% of respondents said they were.
As of Feb. 1, President Donald Trump signed an executive order imposing 25% tariffs on imports from Mexico and Canada and an additional 10% levy on goods from China. Energy imports from Canada, including oil, gas and electricity, are to be taxed at a lower, 10% rate.
Even with a 30-day pause on tariffs on Canada and Mexico, the plans are still looming. This week plans to enact tariffs on aluminum and steel are expected to go into effect.
Starting in May, the low-cost carrier will offer direct flights between the Portland International Jetport and Columbus, Ohio.
More than decade in the making, the Maine International Cold Storage Facility marks a new chapter for Portland — and Maine — just as the U.S. cold storage market is taking off.
A roundup of new hires, promotions and achievements at businesses, nonprofits, health care institutions and professional services firms in Maine.
As volunteers were putting on the finishing touches at 75 Bacon St. in Biddeford, Mainebiz stopped by to see the progress and checked back in after the center opened.
Nathan Szanton, developer of affordable housing projects in several Maine cities, tells Mainebiz he plans to move to Colorado on June 1. Szanton Co. has had a Denver development office, headed by the owner's son, since 2022.
To find out what’s trending across the state this year, Mainebiz checked in with city officials, real estate professionals and others in the know.
Internships can provide a pipeline for future talent while offering an affordable way to tackle projects, writes ACE columnist Francis Eberle.
Although kelp is primarily known as a specialty food and dietary supplement, Cold Current instead uses its farmed kelp to create skin care products.
A $56 million Portland waterfront cold-storage facility — long in the works — is now open for business.
Housing costs for both buyers are renters have risen higher than Maine incomes, according to the Maine State Housing Authority.
The Scarborough-based construction firm has hired Derek Converse as director of preconstruction.
Currently, water-resistant clothing made with PFAS receives preferential tariff treatment with a 7% duty rate, while more sustainable alternatives face a 27% rate.
The listing received serious interest from several institutional buyers. Ultimately, it went to a buyer who owns multiple BJ's locations nationwide and quickly closed the deal.
The 31,753-square-foot building is projected to have 1,600- to 5,000-square-foot retail units on the first floor and 2,400- to 10,627-square-foot offices on the second and third floors.
Nordic abandoned the land-based salmon farm project last month, after the Belfast City Council vacated an action to seize key mudflats for intake and discharge pipes.
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.
Coming June 2025
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.
Coming June 2025
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