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Construction costs have surged during the pandemic, with labor costs up about 30% and material costs up more than 25%.
Tim Hobbs, the new deputy district director of the SBA's Maine District Office, previously served as the state director for USDA Rural Development in Maine.
Accessory dwelling units and zoning reform are some of the issues Maine lawmakers are addressing to foster more affordable housing, as we explain in this story from our special feature on the housing crunch.
The bills aim to tackle Maine's affordable housing shortage by allowing more density in development and extending certain tax credits.
The museum's previous location in Augusta received about 10,000 visitors annually, while the new space in Waterville is expected to see increased attendance.
The Maine Water Co. will increase rates to offset a $60 million investment in a new drinking water treatment facility, replacing a plant built in 1884.
Amid a busy nuptial season and COVID-driven disruptions, Maine businesses that serve the marriage market are looking ahead to a brighter future.
Creation of the proposed Maine Space Complex could cost from $50 million to $250 million over five years, but would create more than 5,000 high-paying jobs by 2042, according to a nonprofit backing the idea.
Michael Laliberte currently is president of the State University of New York at Delhi. Other leadership appointments within the University of Maine System are expected to be made before July.
Facilities in Machias and Caribou will stay open after a vote by the trustees of Maine Veterans' Homes.
Sports betting became legal in Maine in 2023. In its first full year, the state collected roughly $6 million in tax revenue (at a rate of about 10%).
The figures are expected to keep growing this year.
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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