Jim Brady

🔒New leases on life: Portland storefronts starting to fill up on troubled downtown street

Newcomers to Congress Street include a collectibles and trading card store, two coffee shops and a vendor of magazine titles from around the globe.

Portland City Council doubles inclusionary zone fee for future hotels

The fee that hotel developers are assessed in lieu of building affordable housing will double, from $4,831 to $9,520 per guest room.

Portland hotel developers tout economic impact, but market may have limits

A trio of hotel developers debunked the myth that Maine's largest city has too many hotels and touted economic benefits from visitor spending to employment.

Grants aim to turn Portland-area ‘brownfields’ into developments of housing, hotel, child care center

The Greater Portland Council of Governments is making $3.9 million in funds available to transform five properties in Portland and Westbrook — including housing developments, a hotel and a child care center.
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🔒Portland at a crossroads: Downtown safety tensions taking a toll on small businesses, real estate

Storefront vacancies in the Congress Street corridor reflect the economic costs of the city's homeless problems, but some new businesses are also moving in.

Plans to develop a hotel in Portland’s Fidelity Trust building moving forward

Jim Brady's Fathom Cos. hopes to have a new hotel opened in the historic Fidelity Trust building on Congress Street in Portland by summer of 2027.

New Portland ‘aparthotel’ is more ‘apart’ than ‘hotel’

The Weldon is at 54 York St., though without any signage or evidence of a hotel lobby. The property has 13 one- and two-bedroom suites.

🔒Turning the tide: How climate change is reshaping waterfront development in Maine

From Maine’s coast to inland rivers, private developers and others are building with an eye to a stormier future. They see it not just as a challenge, but as an opportunity to innovate.
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Port Property unveils townhouse plans for Levee development in Biddeford

Landing at the Levee will offer townhouses for sale. It will be adjacent to Port Property's Lofts at the Levee, which has 96 apartments in what was a 1800s-era industrial building, the Saco-Lowell Mill. 

🔒Hotel development remains strong: Newcomers include boutique hotels and inns

Hotel development is booming in sync with tourism trends. New construction and renovations are underway from southern Maine to Aroostook County, with focal points on spaces and amenities that meet evolving customer expectations while also contributing to local economies.
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