Aging population

Affordable senior housing complex breaks ground in Freeport

The Freeport Housing Trust and Tim Gooch are developing a 42-unit apartment complex at 22 Varney Road, off U.S. Route 1 in Freeport, designed for residents aged 55 and up.

Physical therapy practice expands into Westbrook

Maine Strong Balance Centers has opened its fourth clinic in southern Maine, at 202 Larrabee Road in Westbrook. The practice offers rehabilitation therapy with a focus on balance issues.

Portland’s Stevens Square senior living community breaks ground on 28-unit condominium complex

Developers Collaborative has broken ground on another 55-plus condominium building for the Stevens Square at Baxter Woods community, located off Stevens Avenue in Portland’s Deering Center.

🔒Maine Bankers Association president to retire in June

Jim Roche joined the organization as president in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years. He succeeded Chris Pinkham.
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Maine Bankers Association president to retire in June

Jim Roche joined the organization in August 2021 after leading the Business & Industry Association of New Hampshire for 17 years.

With demand for retirement housing, OceanView at Falmouth will add apartments and independent cottages

The project will add 34 apartments and three independent cottages. The new residences will run on solar power, relying on a combination of on-campus rooftop panels and generation from two solar farms. 

US News lists five Maine senior living centers among best

U.S. News & World Report evaluated some 15,000 nursing homes nationwide, assessing both short-term and long-term care models.

Avesta builds its first affordable senior housing project in Farmington

Construction of a 25-unit affordable housing complex for residents ages 55 and up in Farmington is 75% completed and is expected to welcome residents in early 2026.
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CWS Architecture president to retire after 34 years

Benedict Walter will step down in March 2026 after 34 years with the firm and 40 years in the architecture industry. 

South Portland Housing unveils $16M, 52-unit affordable housing development

The development, for adults aged 55 and older, is part of a larger campus dating back to 1999 and now totaling 175 units.
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