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Buyer named for Press Herald property
A Portland developer intends to buy the Portland Press Herald's downtown property.
John Cacoulidis has 30 days to complete the purchase of the newspaper's buildings on Congress Street from an affiliate of new owner MaineToday Media Inc., according to the Portland Press Herald. The property includes an office building, the former printing press building and a nearby parking garage.
Cacoulidis told the paper he plans to build a 30-story tower at the printing press site and convert the main Press Herald building into offices and perhaps apartments. Once the sale is complete, some employees will move to the newspaper's South Portland printing plant and lease in-town office space for others. Richard Connor, CEO of MaineToday Media, said the sale will reduce debt and help put the company on a strong financial footing.
The Giving Guide
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.
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Work for ME
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.
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Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
Learn more-
The Giving Guide
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.
-
Work for ME
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.
-
Senior Smart
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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