The planned housing complex along the Presumpscot River is 1 of 5 projects to receive federal brownfield cleanup grants or low-interest loans through the Greater Portland Council of Governments.
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Posted inLocal & State, News
Proposals for new housing in Augusta get $14.3 million in tax breaks
One project will bring 260 housing units, another 144 units, and both will benefit from tax breaks meant to encourage housing development in Augusta.
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Posted inBusiness, Local & State, News
The case for Wabanaki land return in Maine outlined in new report
The Maine Center for Economic Policy says the state should pay for the return, or offer co-management, of state land due to uncompensated theft.
Posted inLocal & State, News
Proposed Main Street improvements not a ‘redesign’ for Kennebunk
Economic Vitality Director Stephen Houdlette said a proposed downtown revitalization project aims to build on past street improvement projects.
Posted inBusiness, Local & State, News
Maine saw nation’s second-worst rate of wage growth in first quarter of 2025
Maine’s average weekly wage increased by less than $40 — from $1,249 in the first three months of 2024 to $1,283 in the first quarter of 2025.
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Is Maine approaching, or already in, a recession?
The chief economist at Moody’s Analytics included the state among nearly 2 dozen considered ‘in or at high risk’ of a recession, but the Maine state economist is pushing back and says employment is steady.
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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.
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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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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.
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Biddeford faces a smokestack dilemma as it moves past its ‘Trash Town USA’ rep
City officials ponder whether the revitalized city should demolish or decorate the towering remnant of its trash-burning past — with ideas as far-ranging as a climbing wall or even adding a restaurant on top, like Seattle’s Space Needle.