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Economic Development
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2024 Forecast: Maine’s ‘readiness for anything’ has galvanized in recent years
Updated: January 8, 2024Lee Umphrey, president and CEO of Eastern Maine Development Corp., urges leaders to continue to look for new ways to work together in 2024.
Updated: January 8, 2024
2024 Forecast: The Downs looks to ‘transformative’ year
Updated: January 8, 2024According to Dan Bacon, the development director of the Downs, 2024 will be a transformative year with the activation of the planned Town Center.
Updated: January 8, 2024
Inside the notebook: Mainebiz editorial staffers pick their favorite stories of 2023
Updated: January 4, 2024As we start a new year of business coverage, here's what the Mainebiz team liked covering the most in 2023 and why.
Updated: January 4, 2024
Gorham hires economic development specialist with background in design, hospitality
December 27, 2023Lea Duffy brings nearly 30 years of professional experience. Her expertise includes architecture and design, project development management and hospitality.
December 27, 2023
80 rooms with a view: Developer sought to build hotel in Dover-Foxcroft
Updated: December 13, 2023The Piscataquis County Economic Development Council is looking for developers to build a hotel in Dover-Foxcroft at an estimated cost of up to $18 million. Proposals are due by Jan. 12, and a decision is planned for early February.
Updated: December 13, 2023
Portland hires housing and economic development director with Massachusetts experience
November 30, 2023Gregory Watson will lead the city’s Housing & Economic Development Department, bringing 25 years of experience to the role.
November 30, 2023
Lewiston-Auburn's first combined business incubator and coworking space set to open
Updated: November 21, 2023The founders spent over 20 years in California, building and growing businesses. In Lewiston, the couple invested over $1 million to create the kind of space where they wanted to work, but couldn't find.
Updated: November 21, 2023
GrowSmart Summit: Investment in community space might improve public health
Updated: November 20, 2023Waterfront properties and green spaces can be useful for creating vibrant gathering places such as parks and boardwalks, but must be tailored to each community's unique needs.
Updated: November 20, 2023
Maine developer looks for bargain properties to upgrade for ‘attainable’ homeownership
Updated: November 17, 2023Condos might get a bad rap, “but done right, they are one of the best ways to offer ownership opportunities and keep costs down,” said Maine Working Homes’s co-founder, Merritt Carey.
Updated: November 17, 2023
In time for ski season, Saddleback Mountain will unveil affordable housing complex
November 16, 2023The $10 million Saddleback House project is designed to attract and retain seasonal staff to Saddleback Mountain, and could help draw summertime employees for local restaurants and retail shops.
November 16, 2023
Questions persist, next steps loom as Portland inks stadium deal with pro soccer team
Updated: November 16, 2023On Monday, the Portland City Council OK'd the use of Fitzpatrick Stadium by what will likely be Maine's next pro sports team. But the work is just beginning.
Updated: November 16, 2023
5 Portland businesses to be honored by city in return of annual awards
November 9, 2023The city of Portland's Annual Business Awards will return next week after a four-year hiatus. Winners range from a nonprofit to one of the state's largest health care providers.
November 9, 2023
Presque Isle looks to improve safety, ease traffic with downtown redesign
November 9, 2023The Aroostook County city looks to address issues like narrow parking spaces, confusing roadways and poorly marked sidewalks. It will also account for Amish horse-and-carriage traffic.
November 9, 2023
14 central Maine businesses receive grants for pandemic recovery
November 8, 2023For one grantee, the support has enabled the business to increase inventory, propel expansion, and “cultivate a welcoming community environment.”
November 8, 2023
More than 40% of households in most Maine counties struggle to afford basics
Updated: October 30, 2023Households individuals might be employed, but limited assets and income constraints make it difficult to cover basic costs of living. The problem is compounded by households in poverty.
Updated: October 30, 2023
Greater Portland Council of Governments among Maine nonprofits receiving EPA funds
October 26, 2023Working waterfronts, food forests and heat pump installations were among projects selected to receive over $3.5 million to advance environmental justice.
October 26, 2023
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