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Despite being fully permitted, the project hinged on a strip of beach needed to connect the plant to the sea.
A roundup of commercial real estate leases in Maine published in January in the Mainebiz Thursday Real Estate Insider.
The Saco Center of the University of Maine at Augusta offers students from the Saco-Biddeford area a closer hub to pursue their degree work.
Establishing a four-day work week has its advantages for certain jobs, and guest columnist Mike Myatt, executive director of BangorHousing, offers some ideas for how to make it work.
“Me” is the leitmotif for several Maine women business and nonprofit leaders in their 40s and 50s who are pressing pause on their careers to focus on themselves.
Here are the Top 10, including the percentage increase in median sales price in 2024.
L.L.Bean, the Freeport-based clothing and outdoor gear maker and retailer, opened its largest "camping tent" on Jan. 15 to serve as temporary retail space during the renovations of its flagship store.
Knickerbocker Group, a designer and builder of high-end homes and commercial spaces, has promoted Marta Peters to chief financial officer.
If tariffs are wide ranging, "things could be really, really bad," Amanda Rector told a Mainebiz forum.
Jeff Harris, a Realtor in Farmington, was introduced as the 2025 president of the Maine Association of Realtors.
Baby boomers have changed the funeral home business. At Conroy-Tully Walker, a “memorial event center” is under construction in Portland’s North Deering neighborhood to offer a wider range of services.
Dougherty Court will have 63 apartments in Portland's Libbytown neighborhood, right next to a recreation field.
A tight housing market didn't slow down the sale of homes in Portland, according to the year-end report from Benchmark Real Estate.
Lafayette Hotels, a family-owned and -operated group of more than 30 hotels across Maine and New Hampshire, acquired its fourth property in Ogunquit with the acquisition of the Sparhawk Oceanfront Resort.
A Houlton business owner acquired a century-old movie theater business and the building in which it’s housed in two deals that wrapped up earlier this month.
A journalist-turned-finance-professional is making another career turn with the development of an indoor mini-golf course, bar and restaurant in Portland’s East Bayside neighborhood.
Maine's housing shortage is fueling the cost of buying a home. In March, Maine's median home price was $381,500, up 9% from a year ago, according to Maine Listings. In Cumberland County, including the Portland area, the median sales price was $565,000 last month.
Higher prices are also putting pressure on the rental market. Young people, singles and families new to Maine are looking to get rentals, but so are potential home buyers who can't find a home in their price range. Higher interest rates are also an issue.
As a place to rent, Maine ranks No. 13 in the U.S., with average monthly rents reaching $1,971, according to a new Ipsos iSay survey of American renters.
With so many people shut out of buying a home, we're curious what alternatives people are finding.
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.
Learn MoreWork 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.
Learn MoreWhether 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.
Coming June 2025
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.
Coming June 2025
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