Two local developers believe they can lure hundreds of Portland-area residents to the town’s former naval air base with the promise of affordable homes.
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Posted inBusiness, Local & State, News
Sable Oaks will be site of 120-unit senior living community in South Portland
The $40 million project on Running Hill Road will include 80 assisted-living apartments and 40 memory-care apartments.
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Posted inLocal & State, News
South Portland to show latest housing plan for former public works site
City officials and the developers of the 6-acre property on O’Neil Street will host a community forum Monday night at City Hall.
Posted inBusiness, Local & State, News
Technology poised to change home-buying traditions
The advent of new software allows a homeowner to sell a home in a couple of days without any dickering – or Realtors.
Posted inBusiness, Local & State, News
Major landlord in Augusta sells 19 apartment properties
Larry Fleury, who bought his first rental property in the city in 1982, sells the 154 units to South Berwick residents who plan to make improvements.
Posted inBusiness, Local & State
Government shutdown cited as factor in decline of Maine home sales
Home sales fell by 13 percent in January, while the median sale price remained the same compared with a year earlier.
Posted inBusiness, Local & State, Politics
Bill to prohibit Maine communities from banning short-term rentals draws fire
Opponents at a State House hearing say preventing towns and cities from enacting rules governing short-term rentals would be an overreach of state authority.
Posted inBusiness, Local & State, News
Scarborough Downs developers report brisk single-family home sales
Early signs of success for the $621 million mixed-use project come after the developers faced fierce scrutiny from some Scarborough residents.
Posted inMaine Voices, Op-eds, Opinion
Maine Voices: Special zoning is only 1 piece of puzzle to solve Portland’s affordable-housing crisis
The city should also encourage off-peninsula development and consider different sources of public funding.
Posted inBusiness, Local & State, News, Politics
Democrat’s bill offers incentive for developers to build affordable housing
The legislation’s sponsor acknowledges that even the $80 million effort won’t meet the state’s ‘immense need.’