A new group called YIMBY Portland claims low-density residential zoning restrictions and off-street parking requirements discourage affordable housing.
real estate
Posted inBusiness, Local & State, News
Narrow Gauge Railroad isn’t just staying in Portland, it’s planning new buildings
The organization that runs the tourist attraction wants to build a storage building and ticket station on Portland’s waterfront.
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Posted inBusiness, Local & State, News
Maine Med gets approval for $59 million medical office building in Scarborough
The town’s planning board clears the way for the new Maine Medical Partners building at its Route 1 campus.
Posted inBusiness, Local & State, News
Half of historic Maine island once known as ‘Ellis Island of the North’ is sold
Portland entrepreneur Noah Gordon has purchased 12 acres on House Island for $4.5 million and plans to turn it into “the premier private island hospitality event venue in America.”
Posted inBusiness, Local & State
Program matches preservation-minded buyers with historic Maine properties
Protect and Sell, which is run by Maine Preservation of Yarmouth, has facilitated six sales thus far.
Posted inBusiness, Local & State
Maine home sales set record in September
Sales of existing single-family homes increased by 11% from a year earlier, while the median home sales price increased by 6.4% to $228,750.
Posted inBusiness, Local & State, News
Portland housing report shows progress, but gap in affordability persists
City policies have boosted the amount of new housing in the city, but rents and home prices remain unaffordable for about half the city’s residents.
Posted inBusiness, Local & State, News
Purchase of Brian Boru building gives insurance company control of key piece of downtown
The workers’ compensation insurer MEMIC has now secured a full block of property in the heart of Portland.
Posted inBusiness, Local & State, News
Six-story garage proposed as first piece of major project in downtown Portland
The company behind the development near the Old Port wants to build the garage with space for stores, apartments and offices.
Posted inEditorials, Opinion, Uncategorized
Our View: Maine’s way of life is attracting out-of-staters
Most housing searches for the Portland area come from out of state, and that’s good news.