Mainebiz

January 21, 2019

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V I E W P O I N T S W W W. M A I N E B I Z . B I Z 3 JA N UA R Y 2 1 , 2 0 1 9 Featured @ Mainebiz.biz For a daily digest of Maine's top business news, sign up for the Mainebiz Daily Report at mainebiz.biz/enews Get Maine's business news daily at mainebiz.biz and on Twitter (@Mainebiz). Below is our top content from the weeks between Dec. 31– Jan. 14. 1. Shutdown's impact outside of D.C.? Just ask owner of Downeast seafood smokehouse 2. 'Game on!' for 2019: Maine business and nonprofit leaders share their New Year's resolutions 3. Maine Mall 2,340-panel solar array poised to go online 4. Specialty foods store takes over Angelone's East Deering location 5. Fast-growing mental health services provider expects to add 150 jobs 6. Mills' inaugural party will feature food, drink from all 16 counties 7. The Waters project on Saco Island may have new developer 8. First bill of new session: Protect health care coverage for all Mainers 9. 46 startups selected for 2019 Top Gun program 10. Cook's Corner location for fitness franchise 'gift from universe' P H O T O / C O U R T E S Y L E S L I E H A R L OW 1 Be smart. BE SHUR. bernsteinshur.com When you want a law firm t hat puts your interests before [h]ours. From the Editor A s this issue goes to press, the Mainebiz staff is working out who is going to cover which speakers at the annual MEREDA conference. e Maine Real Estate and Development Association's annual outlook conference is, along with the Mainebiz "Five on the Future" forum, a good way to get a sense of where the economy and the real estate industry are headed. Everyone seems to agree that there's enough work already booked to safely get everyone through 2019 and even possibly through the next 18 months, as Beth Sturtevant, president of CCB Construction, said at the Mainebiz event. What happens after that? It's anybody's guess. e wild stock market, the federal shutdown, the inevitability of the economic cycles, overbuilding — any of these could play a role in derailing what has been a bull market for the building industry. Setting that con- versation aside, it's clear the Portland area and other pockets of the state are seeing the benefits (and possibly some pitfalls) from the real estate boom. No area of Maine has seen the growth we're seeing in the East End of Portland. One of our Real Estate Insider columnists, Maureen Milliken, takes a fresh look at all that's under construction, including new headquarters for WEX Inc. and Vets First Choice, new hotels, office space, condos, retail and, by necessity, parking garages. See Page 20. In Ellsworth, our other Real Estate Insider col- umnist, Laurie Schreiber, looks at recent development in the city's downtown, neighborhoods and along the heavily traveled highways. See Page 24. Maine's future growth will be tied in part to policy decisions in Augusta. Senior Writer Renee Cordes offers 5 things to watch for from the new administra- tion of Gov. Janet Mills. Health care is high on her list of priorities, but she also pledges greater incen- tives to small businesses and entrepreneurs. Mainebiz also offers a roster of the incoming cabinet members in the Mills administration. Peter Van Allen pvanallen@mainebiz.biz In the Book of Lists, which was published Dec. 24, there were the following errors: In the editor's letter, in a reference to the list of loans from the Finance Authority of Maine, the company mentioned should have been Casco Bay Vending Enterprises. On the list of the University of Maine's highest-paid employees, there was an incorrect reference on entry No. 9. It should have been the University of Maine School of Law. On the list of largest architecture firms, for Whitten Architects, Jessie Carroll should be listed as an associate principal in addition to principals Rob Whitten and Russ Tyson. Corrections How long will Maine's real estate boom continue? Leslie Harlow The wild stock market, the federal shutdown, the inevitability of the economic cycles, overbuilding — any of these could play a role in derailing what has been a bull market for the building industry.

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