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Grants will provide up to $25,000 funding for exterior building upgrades that enhance commercial areas of the Kennebec County town.
Payroll alone for UMaine employees with home addresses in Maine totaled $384 million in FY25, compared to $363.7 million in FY24.
Over the past four years, capital projects added $29.2 million in cumulative value to the regional economy and supported more than 300 construction-related jobs.
Recipients of this year's Annual Business Awards include Matcha Mood and Redfern Properties. They will be honored at an event in November.
The program used $20 million in state funding to subsidize construction of 276 homes offered at prices affordable to middle-income households.
With a working waterfront, retailers, cultural venues and a growing number of cruise ships, proactive steps could grow and diversify the economy.
The goal is to invite residents into the city’s deficient buildings and gather input about what community spaces they would like to see for redevelopment.
A total of $50,000 is available in the first round of funding for the Bath Business Fit Up Program, with future rounds possible.
The housing crisis is severe. New production is far below what’s needed and much of the existing housing stock isn’t utilized effectively,
After years of vacancy and decline, the town officially took ownership of the property in March. The town hopes to transform the building into a functional space that will benefit both residents and visitors.
From shared goals to harnessing the power of nonprofits, here are five ways Maine organizations can build partnerships that deliver real impact.
Most of the civilian workforce hails from Maine, with 4,252 employees earning $433.2 million, up from 4,194 employees earning $402.1 million in 2023.
The increase, set to take effect on Jan. 1, will be 45 cents higher than the current rate.
Portland Mayor Mark Dion called on members of the business community to pitch in, while developer Kevin Bunker pushed back against bureaucracy.
Maine Cooperative Development Partners is installing the first phase of a 20-unit affordable condominium project off Douglass Street. Modular units are being built at KBS Builders’ South Paris factory and installed by Brunswick-based Backyard ADUs.
Scarborough’s recent designation as the fastest growing town in Maine, has a large faction of long-time residents urging town officials to pump the brakes on development.
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
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Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
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Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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