Projects in Portland, South Portland, Waterville and Bangor will create or preserve 275 affordable housing units, says the housing authority.
real estate
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.
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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.
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.
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.