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The majority of units will be rented to households earning 50% of the area median income or less. Some will have vouchers for use by populations with special needs.
The multinational energy corporation would acquire the remaining public shares of Avangrid Inc., Connecticut-based parent company of Central Maine Power.
Cousins Maine Lobster has made three leadership changes as part of an ongoing operational expansion.
Some old industries demonstrate how to innovate and stay relevant amid change and how to be resilient amid challenges, experts at Trade Day said.
The Portland conference, held for the first time since 2019, offered sessions on a range of topics and networking events for budding and wannabe entrepreneurs.
“It’s particularly exciting to have our team be able to work in person together again, which we haven’t done since March of 2020,” said MANP’s executive director.
How about some crispy chickpeas, warm chicken liver mousse, or Siberian caviar to start your evening? All of this and more can be found on the menu of the brand-new 48-room boutique Longfellow Hotel.
The McVey Center for Computational and Data Sciences is named for donor Richard M. McVey, a Colby College trustee who founded and leads MarketAxess, a New York-based financial technology company.
The spring conference of the Maine Real Estate & Development Association on Wednesday drew 300 people to the Holiday Inn by the Bay in Portland.
Ally Fuller specializes in new construction and development of high-end homes and large subdivisions. Will Fuller participated in $1.3 billion in sales volume across six years.
Founded in 1972, Avesta is the largest nonprofit affordable housing provider in Maine. It manages more than 150 properties and has 800 new homes and units in development.
Grants of $1,750 to $10,000 each were awarded by Maine Preservation in partnership with a Connecticut-based nonprofit, for projects to repair and restore historic structures.
Lewiston's second-largest health care provider, St. Mary's Health System, has hired Jill Rollins as vice president of patient care services and chief nursing officer.
The project uses cross-laminated timber, making it the first library in the country with the sustainable building material sourced from New England.
The 17,568-square-foot emergency housing building will consolidate Tedford’s current adult and family shelters and administrative offices and increase shelter capacity by 60%.
The Milbridge-based producer of wild blueberries and blueberry products was honored as the first recipient of the Climate Performance Award from ClimateWork Maine.
Steve Tenney will leave Great Diamond Partners at the end of May, five years after starting the wealth management firm with three former colleagues from UBS.
Performance issues and behavioral concerns tend to be the most common things that managers and owners deal with, writes ACE columnist Angela Hansen. But there are ways to deal with the challenges.
Amanda Royce, a New Hampshire native, joins the Maine Sports Commission from the New England Mountain Bike Association.
Toxic employees can have a toxic effect on the workplace, especially in a small business. ACE consultant Francis Eberle offers some ways to mitigate unproductive behavior.
The city council identified housing as critical component for the community's well-being and economic vitality. But undeveloped, reasonably priced acreage is scarce.
Club Champion, a chain of custom golf club fitting studios headquartered in Illinois, opened its first Maine location.
The center would be the first to bring together Maine’s growing AAPI populations — who face 'significant obstacles to well-being,' according to the nonprofit Khmer Maine.