A Portsmouth, N.H.- based portable storage container company is expanding into Berwick, with the $1.9 million acquisition of two industrial buildings totaling 24,280 square feet at Two Industry Drive.
The village of Berwick is in the midst of a building boom that will add a total of 265 housing units and 30 commercial spaces to the downtown, along with a new “Main Street” at the project’s center.
Prospective homebuyers are frustrated by higher rates and tight inventory; Great Falls Construction moves ahead on Berwick development; Avesta Housing gets grant from Gorham Savings.
For the lowdown on how leadership works in family-owned businesses, Mainebiz checked in with four family-owned enterprises and two smaller ones across the state.
Having Aroma Joe’s at the development “enhances the offerings at the Edge and contributes to the placemaking onsite,” said developer Jon Smith of Great Falls Construction.
The Edge at Berwick passed a key hurdle to allow it to move ahead with $50 million project to create housing and commercial space to revitalize the downtown.
The Portsmouth Naval Shipyard employed over 7,300 civilian employees in 2019, more than half of whom resided in Maine and received pay totaling $339.3 million, according to an annual study.