real estate
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PublishedNovember 13, 2019
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.
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PublishedNovember 12, 2019
Landmark downtown office, retail building for sale
Cardente Real Estate will be accepting sealed bids for the 130,000-square-foot building at 511 Congress St., which sold for $12.4 million five years ago.
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PublishedNovember 11, 2019
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.
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PublishedNovember 5, 2019
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.
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PublishedOctober 31, 2019
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.”
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PublishedOctober 27, 2019
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.
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PublishedOctober 22, 2019
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.
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PublishedOctober 14, 2019
Portland housing report shows progress, but gap in affordability persists
City policies have boosted the amount of new housing in the city, but rents and home prices remain unaffordable for about half the city's residents.
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PublishedOctober 11, 2019
Purchase of Brian Boru building gives insurance company control of key piece of downtown
The workers' compensation insurer MEMIC has now secured a full block of property in the heart of Portland.
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PublishedOctober 9, 2019
Six-story garage proposed as first piece of major project in downtown Portland
The company behind the development near the Old Port wants to build the garage with space for stores, apartments and offices.
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