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V O L . X X X I I N O. X I I § 2 J U N E 1 , 2 0 2 6 4 C O N T E N T S Copyright 2026. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, 446 Main Street, Suite 201, Worcester, MA 01608. Annual subscriptions are available for $100.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email circulation@ mainebiz.biz or call our circulation department at (508) 755-8004 x242. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. L E T T E R S F E AT U R E S Hotel development Despite market headwinds, developers are getting projects done in Maine From our partner MEREDA is committed to responsible development From the Editor Despite concerns, development continues at a brisk pace 8 6 3 12 Home shortage Housing advocates see wins and losses in Legislative session 30 Largest Maine-based construction firms Ranked by 2025 revenue A division of New England Business Media LLC P R E S I D E N T / C E O Tom Curtin C H I E F O P E R AT I N G O F F I C E R Andrea DIGITAL DIRECTOR Jan Holder SENIOR ACCOUNT MANAGERS Ken Hanson 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, William HOSPITALITY EMERITUS M.J., 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 16 The Downs Scarborough 18 Estabrook's production facility Pownal 20 Harold & Bibby Alfond Center for Health Sciences Portland 22 Wedgewood Lewiston 24 Shawn Walsh Hockey Center and Harold Alfond Sports Arena Orono 26 Boyd Block, 178 Middle St. Portland 28 Gehring House Bethel MEREDA 2025 NOTABLE PROJECTS 26 A suite in the Evalina Hotel in the Granite Block building in Portland. P H O T O / C O U R T E S Y O F E A S T B ROW N C OW P H O T O / R YA N B E N T 8 24 P H O T O / T I M G R E E N WAY