Gov. Janet Mills is expected to sign into law a bill to create the state’s first tax credit for affordable and low-income housing projects.
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Posted inBusiness, Local & State, News
Wex seeks tax break from Scarborough on $50 million operations center planned at The Downs
The global company plans to move as many as 1,200 workers to Scarborough and has eyes on two other parcels at the harness-racing facility.
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Posted inBusiness, Local & State, News
Portland’s Danforth Inn to reopen next month as Blind Tiger Guesthouse
Lark Hotels is undertaking a full redesign of the historic West End hotel, and has also purchased 3 historic inns in Kennebunkport.
Posted inBusiness, Local & State, News
Booming real estate market challenges businesses, home buyers
Southern Maine’s real estate market keeps up a multi-year rise, sidelining buyers seeking modestly priced homes and businesses desperate for industrial space.
Posted inBusiness, Local & State, News, Times Record
CMP wins key approval for route of proposed $1 billion transmission line
The state’s Land Use Planning Commission voted Wednesday to certify the 145-mile corridor proposed by Central Maine Power.
Posted inBusiness, Local & State, News
Business support grows for Westbrook-Portland rail-trail line
Companies and nonprofits are lining up behind a conceptual plan for passenger rail to reduce traffic congestion in Portland.
Posted inBusiness, Local & State, News
Developer’s request would lay groundwork for Portland’s tallest building
Tim Soley wants city planners to double the heights allowed for new building projects in the Old Port that create and preserve publicly accessible open space.
Posted inBusiness, Local & State, News
VA submits plan to build community clinic on West Commercial Street in Portland
The U.S. Department of Veterans Affairs proposes a 62,000-square-foot clinic and an adjacent 382-space covered parking garage at the site of an abandoned rail spur west of the Casco Bay Bridge.
Posted inBusiness, Local & State, Nation & World
Ex-developer Michael Liberty wants other cases delayed while he fights Maine criminal charges
The former Portland developer is asking a court to put a Pennsylvania case on hold so he can focus on the fraud charges.
Posted inBusiness, Local & State, News
Costs for Gorham turnpike spur will be higher than anticipated
But the executive director of the Maine Turnpike Authority says tolls from increased traffic will compensate for the added expense.