The need for more housing in Maine is acute, but it's stymied by a lack of pro-growth policies at both the state and local levels, according to panelists at an event in Portland.
Pine State Services will join the Innovation District at the Downs, while Pepperell Mill receives $31 million in financing to convert apartments to condos.
Besides its Portland headquarters, Evergreen operates branches in Naples, South Portland and Windham and a commercial banking center in Westbrook. It has assets of $515 million, ranking fifth among Maine-based credit unions.
Costco, an IDEXX site, an Allagash Brewing tasting room and a Town Center are the next additions planned for the former Scarborough Downs, which was sold to the developers five years ago.
Adults with disabilities are an underserved population in Maine's housing market. But a complex at the Downs in Scarborough might meet that need, and would offer amenities such as reachable sinks and assistive technologies.
The transfer, expected to be complete by June, conforms with development goals to preserve conservation land, maintain greenspace and create trail connections.
Six award alumni share advice they would give their younger selves, leadership lessons from the pandemic and what they see as Maine's biggest economic challenge or opportunity.
The Innovation District subdivision is now full and valued at $125 million after IDEXX Laboratories Inc. snags the last available lot on the property, part of the mixed-used development at the Downs.
At the Downs in Scarborough, there's plenty of evidence of housing growth. But the boom isn't confined to one large development or town. The trend is quickening throughout southern Maine, and affecting multiple industries and communities.