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Inventory is freeing up statewide, as mortgage rates ticked down and price growth moderated in some markets — good news for buyers.
Longtime volunteer Jim Godbout led the $3.7 million transformation of St. Andre's Church in Biddeford into a second location for My Place Teen Center.
Developers Collaborative is a leading developer of affordable housing and practitioner of smart growth principles. Affordable family, senior and workforce housing projects span Portland to Ellsworth.
A roundup of new hires, promotions and achievements at Maine businesses, nonprofits, professional services firms and health care institutions.
Gorham-based Great Falls Construction will serve as general contractor, Ryan Senatore Architecture of Portland, is handling design, and BH2M of Gorham is the project’s civil engineer.
Portland-based Maine Cooperative Development Partners has approvals for a total of 62 housing units at Dougherty Commons. Construction of the final phase of 42 additional condos is planned for early 2026.
Situated on 2.5 acres at 118 Maverick St. near downtown Rockland, the 50,000-square-foot building includes 49 apartments, targeted for residents aged 55 and over.
Traffic from Portland south over the Veterans Memorial Bridge will see construction delays into 2026.
The Freeport general contractor promoted employees with backgrounds in finance, passive house construction, L.L.Bean projects and affordable housing development.
Branches slated for closure are located in Gorham, Fairfield, Fort Kent and Houlton.
An increase in median days on market might indicate that sellers may be overpricing their homes, resulting in longer listing times before securing offers.
The first phase of a $6.9 million housing development in Waterville is complete, adding a mix of 20 market-rate and workforce residential units across nine buildings.
After testing the Portland market for four years, the owners of furniture retail company Chilton decided to close and sell its Scarborough location after more than 30 years there.
Energy upgrades and additional tenant amenities are being added to the eight-story Harbor Terrace apartment building in Portland's West End.
The Maine Downtown Center program has added Waterville and Van Buren to the 30 towns it will assist in creating more vibrant communities.
Sargent Corp., an employee-owned general contractor based in Orono, has promoted Carey Sheehan to vice president of accounting and administration.
Next year will bring a host of new challenges for businesses looking to add employees to the payroll.
Maine's Paid Family and Medical Leave law will go into effect, which will allow an employee to take paid leave for up to 12 weeks to care for an ill family member or new child, for instance.
The state's minimum wage will increase by 45 cents an hour, to $15.10 (a separate minimum wage provision will be voted on in Portland that could raise the hourly compensation to $19).
And rising health care premiums will continue to be a struggle for employers.
For companies that plan to grow, all of these factors will have to be managed.
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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