Jim Dinkle, who leads the FirstPark business park in Oakland, notes that last year Maine had the greatest number of business applications since 2005. Sectors like life sciences, tourism and forestry are seeing notable upticks, he says.
“This newly created TIF district will make a lasting impact in the town of Oakland by making the downtown more investable, safer, more pedestrian-friendly and directly aligns with the town’s vision of supporting business development and retention,” said Oakland Town Manager Ella Bowman.
The probe follows a similar investigation into Verizon Wireless’s numbering practices. Unrealistic forecasting might unnecessarily tie up available numbers, said the regulator.
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.
Waterville dentist Anna O'Keefe is the first business to break ground in the Oakland commerce and technology park this year, and she will double the size of her practice when she moves this fall after a year's delay because of the COVID-19 pandemic.
Built in 1850, the inn features an octagon-shaped house and attached post-and-beam barn on the shore of Messalonskee Lake. One suite was carved out of the octagon’s granite foundation. The pandemic-driven real estate market resulted in multiple offers.
The combined firm employs over 30 staff and expects annual revenues to be about $4 million. Further expansion may be on the horizon. "It's grow or die," said a One River director.