Feb. 10, 2025Edition

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.

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.

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.