Economic development

A $750,000 federal grant will go tward rejuvenation of projects like historic theaters, libraries and commercial buildings.

Four Maine organizations have been recognized by the Maine International Trade Center for their work to increase exports, innovation and investment in the state.

What’s driving Maine's housing shortage and what approaches are helping to turn the tide were highlighted at a forum in Portland last week.

If approved, a buffer zone between large music venues in the downtown district is predicted to derail the Live Nation Portland Music Hall project.

A review by Bath consulting firm CZB LLC looking at housing data over the past 10 years, found that fewer approved projects are coming online, most approved projects are taking longer to build and many have stalled out.

Co-hosted by Bigelow Laboratory for Ocean Sciences and Hatch Blue, with support from the Maine Technology Institute, the event is designed to accelerate the translation of ocean research into commercial opportunities.

Carassas Holdings LLC, based in Portland, negotiated a price of $200,000 for the 3.5-acre lot, which was originally listed at $400,000.

East Millinocket Paper Mill is rehabilitating structures and adding infrastructure. Maine MILL wants to redevelop the Camden Yarns Mill as the museum’s home. Lincoln Technology Park is making infrastructure upgrades for future development.  

The vacancy rate for industrial properties in southern Maine has been rising after a decade of shrinking vacancies, and was at a 7-year high at the end of 2025, according to the Portland-based Dunham Group’s annual market survey.

The city has selected the Boulos Co. to potentially list four undeveloped parcels of land on Somerset and Elm streets, near Whole Foods and Franklin Arterial — though City Councilors say no decision to sell has been made.