Under NewHeight Redfern — a joint venture between two Portland development firms, NewHeight Group and Redfern Properties — the former Mercy Hospital site at 120 State St. is being transformed into 165 rental apartments and ground-floor commercial spaces.
The past several years have been fraught with bad news about spiraling construction costs, supply-chain issues, labor shortages, rising interest rates, inflation and a host of other challenges. Yet through it all developers and construction firms have found a way to get things done.
Maine construction firms are busy with projects ranging from an elementary school in Skowhegan to a Tyler Technologies site in Orono to a renovation for a Hannaford supermarket in Scarborough.
Evolving work habits play out on the property market, sparking a growing number of conversions of unused or underused offices into other kinds of properties, from light industrial to residential and educational.
