Issue link: https://nebusinessmedia.uberflip.com/i/1539582
V O L . X X X I N O. X X I S E P T E M B E R 2 2 , 2 0 2 5 4 A division of New England Business Media LLC C E O / GROUP PUBLISHER Peter Stanton P R E S I D E N T Tom Curtin DIGITAL DIRECTOR Jan Holder SENIOR ACCOUNT MANAGERS Ken Hanson, Kerry Rasor, Betsy VanderPloeg ACCOUNT EXECUTIVE Michelle Phillips EVENTS & MARKETING DIRECTOR Samantha Elliott OPERATIONS AND ADMINISTRATIVE MANAGER Allison Spies AUDIENCE DEVELOPMENT SPECIALIST Leah Allen CONTRIBUTING WRITERS Mark Jeanneret Carrie Yardley RESEARCH DIRECTOR Stephanie Meagher RESEARCH ASSISTANT Heide Martin ART DIRECTOR Matt Selva HOSPITALITY Buster, Claire HOSPITALITY EMERITUS Malcolm, Zoey PUBLISHER Andrea Tetzlaff EDITOR Peter Van Allen DEPUTY EDITOR Renee Cordes DIGITAL EDITOR Alexis Wells SENIOR WRITER Laurie Schreiber STAFF WRITER Tina Fischer C O N T E N T S Capital development Augusta's development pipeline includes mixed-use builds, downtown conversions and hundreds of residential units 12 20 Hallowell thrives amid challenges The city tackles housing need, water quality A U G U S TA / WAT E R V I L L E / C E N T R A L M A I N E F O C U S R E G I O N A L T H U M B N A I L O N PA G E 1 1 » Ask anyone you know about the biggest challenge faced by Maine residents, businesses, and public officials and you will hear the same answer: Housing. Universally, we are challenged by the lack of it, the cost of it, and the inability to improve the situation. MEREDA will convene a curated group of Maine commercial and real estate professionals to discuss these challenges in the context of real and recent projects. Two panels will look specifically at barriers developers have faced and innovative solutions currently being explored. KEYNOTE SPEAKER Dr. Christopher Herbert, Managing Director of the Harvard Joint Center for Housing Studies PANELISTS Elizabeth Frazier — Pierce Atwood Vanessa L. Farr — Haley Ward Hope Eye — Eastern Maine Development Corp. Benjamin R.K. Breadmore — Town of Holden Rebecca Hatfield — Hancock Lumber Kyle Barker — Primary Projects Chris Marshall — GreenMars ECONOMIC OUTLOOK PRESENTATION Ken Entenmann — Chief Investment Officer & Chief Economist, NBT Bank / NBT Wealth Management JOIN US FOR MEREDA'S 2025 FALL CONFERENCE MEREDA Takes a Hard Look at the Housing Crisis. Can we Crack the Code? October 23, 2025 Hannaford Hall — Abromson Community Education Center, 88 Bedford Street, Portland This course is approved for 3 hours of continuing education credits for Broker, Appraiser, Attorney, Assessor, and Planners. Credits for Architects are pending. REGISTER TODAY AT MEREDA.ORG GOLD SPONSORS Strategic HR at Mt. Washington www.nimblegroup.co Retreat for HR Leaders O c t o b e r 2 6 - 2 8 , 2 0 2 5 O m n i M t . W a s h i n g t o n R e s o r t | B r e t t o n W o o d s , N H Augusta's resurgence includes downtown conversions and the addition of hundreds of residential units. Granite City Park in Hallowell offers colorful Adirondack chairs to view the Kennebec River. P H O T O / T I M G R E E N WAY P H O T O / C O U R T E S Y O F C O L L I E R S 20 12