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Economic development

Maine Outdoor Economy Summit will focus on economic resilience, workforce issues

The Maine Outdoor Economy Summit, scheduled to be held in Portland Jan. 21-23, is designed to be a meeting ground for sharing ideas and actions across the industry.

🔒Lumber and construction: Prefabricated components help speed construction timelines

Kevin Hancock, chairman of Hancock Lumber, predicts another healthy year for the lumber, housing and construction sectors in Maine.

🔒Bold predictions for Maine’s economy in 2026 span recession risk to practical optimism

Forecasts run the gamut from the specter of a recession to a dose of practical optimism from a coffee entrepreneur.

Relief loans offered to Maine businesses hurt by unseasonable May 2025 weather

The Small Business Administration is offering loans of up to $2 million to some small businesses and nonprofits that experienced weather-related financial losses last May.
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🔒Portland approves fee for larger entertainment venues

Portland City Council has voted to amend the city code to direct a percentage of ticket prices from large venues to support the local arts community.

A roundup of Maine’s commercial real estate leases from December 2025

Every week in the Thursday Real Estate Insider, Mainebiz compiles a list of commercial real estate leases. (The Tuesday Real Estate Insider publishes commercial sales.) Here are the leases published in December 2025.

🔒Construction moving ahead at Roux Institute’s evolving Portland campus

The soaring seven-story structure will be the future home of Northeastern University’s Roux Institute, which is projected to welcome graduate students for the spring 2028 semester.

Maine sets up housing database amid need for 84,000 homes by 2030

Municipalities must now annually track new housing construction for the state’s first-ever registry.
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Bold predictions for Maine’s economy in 2026 span recession risk to practical optimism

Business leaders from around the state have varying expectations for the coming year.

12 ‘groundbreaking’ Maine real estate stories from 2025

From a proposal for Maine's tallest building to efforts to address the housing shortage, here are some of the most-viewed Mainebiz Real Estate Insider stories from 2025.
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