Mainebiz

February 10, 2025

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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 F E B R UA R Y 1 0 , 2 0 2 5 From the Editor A cold storage facility has been on the wishlist for the Maine business community for nearly a decade. Such a facility is envisioned to safely store seafood, pharmaceuticals and produce coming in and out of the International Marine Terminal. Shipping pallets can be loaded on and off trucks, trains and container ships — all of which are in close proximity. As our cover story indicates, the $56 million Portland waterfront cold-storage facility is nearing completion. Deputy Editor Renee Cordes tells me she's been covering the progress of the site — from the initial proposal through the zoning fight and now its opening — for much of the eight years she's been on staff at Mainebiz. "It's more than a cold storage facility," says Amir Mousavian, a University of New England professor of supply-chain management. "It has the potential to serve as a pivotal asset that will reshape Portland's economic landscape, bolster its logistics and supply chain capabilities, and drive sustainable growth for years to come." Renee's story, "Baby, it's cold inside," starts on Page 12. Maine's housing crunch has been an ongo- ing topic of discussion. It's been estimated by the state that Maine needs as many as 80,000 addi- tional housing units by 2030. Senior Writer Laurie Schreiber has a story that looks at what some Maine developers are doing to tackle the so-called missing middle, with housing for middle-income earners who "have been priced out of market-rate housing or they don't qualify for subsidized hous- ing," as Jack Soley tells Laurie. "Homing in on affordable homes" starts on Page 16. New hire Tina Fischer, who is covering real estate development, has her debut "Building Business" column, which includes news from the construction industry and an update on one developer's plans to move to Colorado. Building Business is on Page 25. Peter Van Allen pvanallen@mainebiz.biz Featured @ Mainebiz.biz For a daily digest of Maine's top business news, sign up for the Mainebiz Daily Report at mainebiz.biz/enews Mainebiz offers the latest business news in the Daily Report and Real Estate Insider newsletters. Here is the top content from Jan. 21 to Feb. 4: 1. List of Maine's 10 'hottest' towns for real estate has some changes, surprises 2. Indoor mini-golf course, bar and restaurant on tap for Marginal Way in Portland 3. 'ME-tirement' takes off: These Maine women business leaders are taking a career break 4. Well-known Portland chef to lead the rebirth of Dry Dock restaurant 5. With new construction, a new approach to the funeral business 6. Former TD Bank exec 'unretires' to join Bar Harbor Bank & Trust 7. Cracker Barrel closes its only Maine location after 15 years 8. Friday Food Insider: James Beard awards names 10 Maine semifinalists 9. 4 bills in the Maine Legislature could affect employers and investors 10. Where Maine homebuyers came from in 2024 P H O T O / C O U R T E S Y C I T Y O F S A C O 1 We're attorneys. But we're people first. Meet Joel. Strategic advisor to energy businesses and public entities, Joel effectively leads multi-disciplinary teams through complex regulatory processes, achieving client goals while preserving critical relationships. bernsteinshur.com N. Joel Moser Shareholder Co-Chair, Energy & Environmental Practice Group Cold storage tops hot trends in Maine development A cold-storage facility for Portland's waterfront has been a pressing need for the marine terminal.

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