Their proposal under a tax increment financing deal, would more than double the tax revenues that would be returned to the developer to make the project more attractive to secure funds to build it.
economic development
Posted inBusiness, Local & State, News
Study: Colby added $2.5 billion to Maine’s economy since 2019
The analysis, commissioned as a follow-up to a report on Colby’s impact from 2014-18 and presented in downtown Waterville on Thursday, shows the college’s investments in facilities and people added $1.3 billion to the Waterville-area economy over the last six years.
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Posted inBusiness, Local & State, News
Skowhegan River Park secures final permits
The next hurdle for the long-planned project aimed at revitalizing the downtown by bringing paddling sports and other recreation is raising more money.
Posted inBusiness, Kennebec Journal, Local & State, News
Augusta Downtown Alliance director leaving after just over one year
The organization said Jeremy Ashlock is leaving on good terms, and that it is seeking a new leader.
Posted inBusiness, Local & State, Morning Sentinel, News
Madison’s TimberHP emerges from Chapter 11 bankruptcy with eye on ‘sustainable’ future
The wood fiber insulation manufacturer that brought Madison’s former paper mill back to life had filed for Chapter 11 bankruptcy protection in March.
Posted inCentral Maine Eats, Food & Dining, Kennebec Journal, Local & State, News
Popeyes restaurant coming to Augusta
The multinational fried chicken chain restaurant was approved for the former site of Friendly’s restaurant on Western Avenue for a drive-thru restaurant.
Posted inBusiness, Local & State, Morning Sentinel, News
Build Maine conference in Skowhegan to highlight Spinning Mill project
Gov. Janet Mills is set to speak at the annual conference, which this year coincides with a ribbon-cutting for the downtown development.
Posted inArts & Entertainment, Local & State, Morning Sentinel
Waterville film fest to honor British actor Clive Owen
The Academy Award-nominated Owen, 60, has starred in many films including ‘Croupier,’ ‘Duplicity,’ ‘Closer’ and ‘Gosford Park.’
Posted inLocal & State, Morning Sentinel, News
El Tequila to open with Mexican fare in Waterville
The restaurant will be open seven days a week and offers a full menu touting authentic Mexican food and drink in a classy atmosphere.
Posted inLocal & State, Local Elections, Morning Sentinel, News
Hartland candidates focus on development in race muddied by lawsuit
Friday’s municipal election pits Selectman John A. Hikel against challenger Robert C. Bryant.