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Feb. 6, 2023, editionEdition

🔒Commercial development faces challenges, but endures

Maine’s real estate market has had a wild few years and this year, even with all the challenges, looks like the momentum will continue in places. As we heard at […]

🔒For now, construction projects are still stacked up

While there are plenty of challenges this year — including higher interest rates, continued high construction and materials costs and the threat of recession — most of the larger construction companies have work booked well into next year.

🔒Lewiston draws developers and entrepreneurs seeking space, affordability — and opportunity

Lewiston is experiencing a run of commercial development from the downtown to its outskirts — everything from new or expanded retail and industrial, renovations of historic buildings, attractions, and manufacturing.

🔒On the Record: Portland nonprofit offers the write stuff for young Mainers

The Telling Room Executive Director Kristina M.J. Powell says she's inspired by the power of youth.
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🔒Newsworthy people and performances for Feb. 6, 2023

A roundup of new hires, promotions and achievements from businesses and nonprofits around Maine.

🔒Mixed preview of 2023 offered at MEREDA conference

This year’s conference, held at the Cross Insurance Center in Portland on Jan. 26, had a crowd of 750-plus attendees, who were there for the showcase and more than a dozen presentations.

🔒Word on the street: Downtown rebound, office conversions top Maine development trends

Here's what's trending in commercial real estate this year, with updates from Auburn, Augusta, Bangor, Westbrook and elsewhere in Maine.
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