Mainebiz

W W W. M A I N E B I Z . B I Z 7 M AY 2 7 , 2 0 1 9 School of Crafts, Deer Isle, $15,000; Ogunquit Playhouse Foundation, Ogunquit, $10,000; Creative Portland Corp., Portland, $25,000; Portland Ovations, Portland, $20,000; e Telling Room, Portland, $15,000; Cultural Resources Inc., Rockport, $20,000; Terra Moto Inc. (aka Art At Work), South Portland, $50,000. N O T E W O R T H Y S T A T E W I D E Healthy Living for ME, a partnership between three area agencies on aging, Spectrum Generations, SeniorsPlus and Aroostook Agency on Aging, were awarded a 3-year, $450,000 grant to expand and promote classes which fo- cus on falls prevention for older adults. Rock Row to get 12-screen theater Cinemark will build a 12-screen movie theater at the planned Row Rock mixed-use site in Westbrook, with a spring 2021 opening planned. Rock Row will have 1 million square feet of commercial, residential and hospitality space. e developer of Rock Row, Waterstone Properties Group of Needham, Mass., secured $14 million in bond financing to pay for public infrastructure work that will include upgrades to Maine Turnpike exits 47 and 48, local inter- sections and other public infra- structure. Cinemark Holdings Inc. (NYSE: CNK), based in Plano, Texas, operates 6,051 screens in 41 states and 15 Latin American countries. Portland expands outdoor dining Portland will try a pilot program to boost outdoor seating at restaurants. e city will try out the concept of "par- klets," outdoor dining spaces that use an on-street parking space. ey'll be built on a platform and include tables and chairs. City officials said in a news release they are safely used in cities around the country. e city's pilot pro- gram will allow five this year. e intro- duction of parklets is allowed by a new state law that gives municipalities the leeway to let establishments with liquor licenses serve customers on city-owned property, the news release said. S O U T H E R N 2010 was a bad year for real estate but one exec saw the light In 2010, the Great Recession had taken hold. According to the MEREDA outlook conference that year, the cost per square foot of office space declined from $80 to $115 in 2005 to $75 to $90 for a space of 5,000 square feet or less. Leasing rates had a comparable drop. But, according to the Mainebiz of Feb. 8, 2010, longtime real estate exec Drew Sigfridson had reassuring words for weary industry veterans gathered at the MEREDA conference. "In 2010, the worst is over in the office market. Vacancies will start to fill slowly and, as a result, rental rates will stabilize." Sigfridson, who is today managing director of The Boulos Co. in Portland, was right. Today, Portland's Class A downtown office space is nearly at capacity. SP ONSORED BY FUN FACT The Oct. 18, 2010, issue of Mainebiz reported that in the six months since opening for the season Gifford's Ice Cream had served 34,000 gallons of ice cream. Ingredients in the ice cream included 154 gallons of cher- ries, 696 pounds of chocolate sprinkles and 630 pounds of nuts. Gifford's also went through 133,600 sugar cones. AT T E N DA N C E I S FREE B U T S PAC E I S LIMITED! Please be sure to register ahead at mainebiz.biz/OTRMillinocket PR ES ENTI NG S PONS OR Join us at our fourth stop in the 2019 On the Road with Mainebiz event series in Millinocket! We will host our reception at Hillcrest Golf Club as we showcase the Katahdin region and network with the greater Millinocket business community! Enjoy hors-d'oeuvres and a cash bar while networking with business executives in the area. Be sure to bring business cards to hand out to new connections that you make. Network with the Millinocket Business Community! June 13 | 5:00 – 7:00pm | Hillcrest Golf Club, Millinocket MILLINOCKET #OTRMillinocket19 Thursday, June 13 R EGI ONAL S PONS OR S

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