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Winter storms had destroyed a section of Seawall Road on Mount Desert Island, deterring tourist traffic and affecting nearby businesses.
So far, Genesis has responded to over 100 Maine developers and communities interested in learning about the affordable housing development process and funding opportunities.
The buyer was an investor from New York who was familiar with the Portland market, liked the location and will continue to use it as an investment tool for future generations.
Lehoux Art is envisioned as a gathering place for anyone looking to be creative in a non-intimidating atmosphere.
The cost was funded by the town along with $1.8 million in Congressionally Directed Spending.
Maine has over 600 manufactured housing communities, the most out of any New England state.
A roundup of new hires, promotions and achievements at Maine businesses, nonprofits, health care institutions and professional services firms.
The fast-growing coffee shop chain and its franchisees are always looking for new locations. The successful sites meet a special brew of criteria.
Whether affordable apartments or affordable homes for sale, Maine desperately needs more of them. There's been some progress. The state is helping to lead the effort, especially in rural areas.
For a generation whose oldest members are only a few years out of college, owning a home is becoming an important goal — and, increasingly, an achievable one.
A roundup of construction news from around Maine includes Tyler Tech's new Orono office space, an Avesta Housing site in Scarborough and Hometown Health Center’s future site in Palmyra.
The Association for Consulting Expertise tackles the issue of contractor estimates and what questions to ask. Contractor and ACE member Warren O’Shea of O’Shea Builders offers guidance.
In the Mainebiz print edition of July 22, story topics include affordable housing, younger home buyers and how the Aroma Joe's chain of coffee shops picks locations.
Guest columnist Tom Landry, broker-owner at Benchmark Real Estate, said Portland continued to see gains in real estate sales, but some trends are emerging.
The supplemental HUD funding will help advance construction and redevelopment of affordable and mixed-income housing in the neighborhood.
Expected to open in late 2025, the lab will provide commercial-scale processing and production capacity in 4,800 square feet of space — with the potential to expand.