The city is seeking a broker to help sell about 3.25 acres of land it repurchased after a failed housing development.
Hannah LaClaire
Staff Writer
Hannah LaClaire is a business reporter at the Portland Press Herald, covering Maine’s housing crisis, real estate and development, entrepreneurship, the state's cannabis industry and a little bit of everything else. Before joining the Press Herald in 2021, Hannah covered the town of Brunswick for The Times Record. In her free time, she enjoys reading, running and weekends up at camp. She lives in Springvale with her husband and daughter, their dog and two tuxedo cats.
Posted inBusiness, Local & State, News, Politics
Bill to end shutdown would sweep popular THC drinks from Maine shelves
Federal lawmakers are attempting to close the so-called ‘hemp loophole’ that allows some THC-infused products to be sold at convenience stores and restaurants.
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Posted inBusiness, Local & State, News
Thousands of people moved to Maine since the pandemic. The influx isn’t over.
Remote work made it possible for more people to live here. It has helped the state but is straining it, too.
Posted inBusiness, Local & State, News
Avesta listed 2 houses for $218K a week ago. Over 100 Mainers are already interested.
The houses — both sides of a duplex in Gray — are part of an effort to increase affordable housing by renovating Maine’s existing housing stock.
Posted inBusiness, Local & State, News
Portland development could add 100 apartments for low-income Mainers
The Prosperity Place project in Nason’s Corner would be the first housing development for Prosperity Maine, a nonprofit that assists immigrant, refugee and low-income families.
Posted inBusiness, Local & State, News
Maine’s real estate market bucked trend of Northeast decline
More and more homes are hitting the market in Maine, but inventory still remains well below what experts consider a balanced level.
Posted inBusiness, Local & State, News
Portland condo complex of ‘new age starter homes’ gets green light from city
The 156-unit development is thought to be Maine’s first large-scale project to take advantage of a landmark law that increases density by allowing accessory dwelling units on single-family lots.
Posted inBusiness, Local & State, News
With Midtown project legal battle over, Portland mulls future for Bayside lots
It cost the city $15 million to settle 3 court cases with a Florida developer, but Mayor Mark Dion believes the land is valuable enough that the city will come out on top.
Posted inBusiness, Local & State, News
2 controversial housing projects in Greater Portland headed to auction
The Mark in Cumberland and a proposal for Hope Avenue in Portland are tied to the same developer, GenX Capital Development, and have run into financial issues.
Posted inBusiness, Local & State, News
On Maine islands, housing shortages threaten community survival
Islands with year-round residents need emergency responders, gas station attendants, postal workers, store clerks and teachers. When there’s nowhere for vital workers to live, they turn elsewhere. It’s eroding a storied way of life.