From the depths of the Great Recession, Maine’s economy began a steady rebound that has allowed some industries to flourish despite a growing worker shortage.
real estate
Posted inBusiness, Local & State, News
Time & Temperature Building’s new owners vow to bring back Portland icon’s ‘glory days’
Chris Rhoades and Andrew Preston say they’ll decide how to use the downtown building’s mostly vacant office tower and submit their restoration plans to the city by February.
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Posted inBusiness, Local & State, News
November decline hurts Maine’s overall home sales in 2019
The state had been on track for a record year before single-family home sales dropped by nearly 8% last month from the same period in 2018.
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
Clark’s Pond Parkway retail center in South Portland is up for sale
The 62,000-square-foot center has been listed with an asking price of $7.2 million.
Posted inBusiness, Local & State
MaineHousing gives 5 affordable housing projects a $6.8 million boost
Projects in Portland, South Portland, Waterville and Bangor will create or preserve 275 affordable housing units, says the housing authority.
Posted inBusiness, Local & State
Prices of Maine homes continued to climb in October
Median prices rose 4.6 percent to $224,900, while the volume of sales ticked up only slightly over October 2018 sales.
Posted inBusiness
Portland real estate firm launches developer podcast series
The Boulos Co. is interviewing notable developers shaping the urban landscape of southern Maine.
Posted inBusiness, News
Former Saco mill property headed for auction
Auctions are often thought of as the means of last resort to sell a property, but they can be used to generate a higher sale price in a hot market.
Posted inBusiness, Local & State, News
Pro-development group says city policies contribute to Portland’s housing crunch
A new group called YIMBY Portland claims low-density residential zoning restrictions and off-street parking requirements discourage affordable housing.