Economic Development Division | 389 Congress Street | Room 308 | Portland, Maine 04101 | 207-874-8683

development news

search the archives

The State of Portland's Economy  (10/19/2011)
Please see the attached to learn of the latest developments and investments in Portland. More

Portland Development Corporation and the City of Portland Honor Local Businesses   (12/1/2011)
Planet Dog, The VIA Agency, and the Greater Portland Convention & Visitors Bureau receive top awards. More

Revolving Loan Programs Get Easier  (10/18/2011)
City Council approves a number of changes to improve access for commercial loan programs PORTLAND, Maine- At last night’s Portland City Council meeting, the City Council approved a number of improvements to the city’s revolving loan programs to make them more accessible and responsive to the needs of Portland businesses. More

City/Portland Regional Chamber/Creative Portland Unveil Comprehensive Economic Development Plan for Portland  (9/15/2011)
Last night, the City Council's Community Development Committee (CDC), comprised of City Councilors Cheryl Leeman (chair), John Anton, and Dory Waxman, unanimously endorsed the city's Economic Development Vision and Plan. Their action followed the unanimous endorsement on Monday by the Portland Community Chamber, who partnered with the city and the Creative Portland Corporation in the funding and creation of the Plan. More

Downtown Portland Corporation Honors Local Businesses   (11/18/2010)
Downtown Portland Corporation Honors Local Businesses Allagash Brewing, B&M, Maine Red Claws receive top awards More

Creative Portland and PACA Hire Executive Director  (11/3/2010)
Creative Portland, a non-profit established by the City of Portland in 2008, and the Portland Arts and Cultural Alliance (PACA)announce the appointment of Jennifer Hutchins as full-time Executive Director. More

WCSH TV News: Portland Turns to Cyberspace-Social Media for Economic Development Plan Input  (10/7/2010)
WCSH 6 - Portland Economic Development Plan | Portland, ME | Portland turns to cyberspace for planning input. More

Study Shows Portland has a 'Thinking' Economy   (10/5/2010)
Portlandbiz Study shows Portland has a 'thinking' economy By The Mainebiz News Staff 10/05/10 ________________________________ What is Portland's work force particularly good at? Thinking, it turns out. That's according to a new report from the University of Toronto's Rotman School of Management's Martin Prosperity Institute, which studied the work force knowledge of 287 U.S. and Canadian cities and grouped them into 11 different clusters, including Enterprising, Engineering and Teaching regions. More

With City Facade Money, awanings adorn State Theatre Block  (7/27/2010)
Portland Daily Sun Article By David Carkhuff/Staff Writer,david@portlanddailysun.me More

Portland Named as one of the Top 100 Places to Live in America in 2010  (5/7/2010)
RelocateAmerica's Top 100 Places to Live in 2010 - Portland, Maine makes the list once again! More

Downtown Portland Corporation and City of Portland Honors Three Local Businesses on November 12, 2009   (11/13/2009)
University of New England, Kepware Technologies and BioProcessing Inc. Receive Top Awards More

New York Times Article Calling Portland's Restaurants a   (9/16/2009)
An article in the September 16, 2009, edition of the "New York Times" is attached applauding Portland's restaurants, calling them a "Down East Banquet". More

Bon Appetit Names Portland, Maine - America's Foodiest Small Town 2009  (8/31/2009)
In Bon Appetit's October issue, it names Portland, Maine as "America's Foodiest Small Town 2009". More

Portland Named as one of the Top 100 Places to Live in America  (4/21/2009)
Relocate-America Releases 12th Annual “America's Top 100 Places to Live” More

Portland Tops Forbes.com List of America's Most Livable Cities  (4/1/2009)
In forming its list, Forbes.com looks at quality of life measures for areas with populations greater than 500,000 using "metropolitan statistical areas" (MSA)- geographic entities defined by the U.S. Office of Management and Budget. More

Grants to help freshen facades along Congress Street   (3/18/2009)
Portland is using federal community block funding to match private spending on development projects. More

Greg Mitchell Named Economic Development Director for Portland  (12/10/2008)
With more than two decades of experience, Mitchell brings skilled leadership to the City. More

Downtown Portland Corporation Honors Local Businesses  (11/19/2008)
Downtown Portland Corporation Honors Local Businesses -- Richard Berman, Pierce Promotions, and Ready Seafood receive top awards. More

Portland Receives Top Marks from National Geographic Traveler   (10/31/2008)
Portland Receives Top Marks from National Geographic Traveler Portland’s downtown is ranked 40th among the top historic places in the world. More

Commercial Street Named a Great Place in America   (10/8/2008)
Commercial Street Named a Great Place in America American Planning Association designates Commercial Street as one of the 10 great streets in the US. More

Task Force to Release Creative Economy Report Tomorrow   (10/1/2008)
Task Force to Release Creative Economy Report Tomorrow City outlines strategies and goals for building its creative economy. More

Portland Announces Façade Improvement Program   (9/23/2008)
Portland Announces Façade Improvement Program Grants offered to improve storefronts available for businesses and properties located on Congress Street. More

Portland Selected as One of the Top Ten Places to Retire   (9/22/2008)
US News and World Report released its top ten places to retire with Portland, Maine receiving high marks. More

Portland Seeks Artists Input for Creative Economy  (3/21/2008)
Portland's Creative Economy Steering Committee is seeking input from artists on their space needs by asking them to participate in an online survey, www.portlandmaine.gov/survey. More

Portland Receives Award From Partners for Livable Communities  (3/5/2008)
Partners for Livable Communities, at its annual awards reception on March 5, 2008, extends to the City of Portland its "Entrepreneurial American Community" award for the City in efforts to revitalize the Bayside Neighborhood. More

Portland Jetport Tops New England for Fastest Growing Airport   (2/13/2008)
PORTLAND, Maine – Portland International Jetport is New England’s fastest growing airport in terms of passenger numbers, according to figures released today. More

Portland was selected as one of America’s greenest Cities in Organic Gardening Magazine in its February/March Issue  (1/17/2008)
Green Cities By Beth Huxta Organic Gardening Magazine More

Downtown Portland Corporation Board of Directors Names 2007 Business Awards Recipients  (11/27/2007)
The Downtown Portland Corporation awarded Becky's Diner as Small Business of the Year; the Council on International Educational Exchange as Business of the Year; and The Portland Sea Dogs for its Economic Development Achievement Award. More

Loans to Support Creative Economy  (11/1/2007)
In its continuing efforts to support the creative economy, the City of Portland has developed a new loan program. These loans are intended for artists and other individuals starting or expanding creative economy businesses in Portland. More

Portland, Maine named one of   (8/20/2007)
From Outside Magazine, August 2007 Issue Best Towns 2007 – Portland, Maine – East Coast, By Gillian Burnes More

Community Development Committee approves Bayside Land Sale  (6/6/2007)
From 6/6/07 Portland Press Herald: Panel approves Bayside proposal Atlantic Redevelopment's $3 million plan for Portland's 3.5 acres now will go to the City Council. More

Portland Biotech Firm,   (5/25/2007)
Immucell tries to 'grow cautiously' The Portland biotech firm has stayed conservative but is positioning itself for overseas expansion. More

Kiplinger's Names Portland a Top City for Creative People  (5/17/2007)
AUGUSTA, Maine Kiplinger's Personal Finance magazine has recognized Portland as one of the country's "best cities" for creative individuals, citing the city's arts and business communities for generating creative energy that attracts mid level professionals to the scenic peninsula. More

The Kiplinger/Richard Florida 25 Best Cities are:  (5/15/2007)
Whether you’re Young and Single, Married with Kids, an Empty Nester, a Mid-Level Professional or a Retiree, Here are Cities Where Creative People like You Will Thrive More

Relocate-America.com releases annual survey results, top ten list  (4/20/2007)
Portland, Maine makes Relocate-America.com's top ten list. More

Frommer’s Names Portland Among the Top World Travel Destinations  (11/28/2006)
The votes are in! Portland, Maine was voted one of the twelve surprising, thriving and emerging travel destinations by the editors at Frommer's Travel Guides and Frommers.com. The editors scoured the globe and polled a stable of authors and experts to identify the top spots. Portland is More

City Recognizes Businesses for Their Contribution to the Economic Vitality of the City  (11/17/2006)
11/17/2006 - The Downtown Portland Corporation (DPC), the financial arm of the City of Portland's Economic Development Division, has recognized one individual and two businesses for their contribution to the economic vitality of Portland. This year's award recipients are: More

Portland: City forms panel to oversee Somerset Street Project   (7/20/2006)
PORTLAND — The city has formed a 19-member steering committee to oversee the development of a parking garage and other buildings on six acres of former railroad land on Somerset Street, said Jack Lufkin, Portland's economic development director. More

Portland: City Council Approves Plan for Biotechnology Park  (7/20/2006)
PORTLAND — Portland's plan to develop a biotechnology office park on city land off Rand Road won unanimous City Council approval Monday night. More

Bayside Projects Get Tax Rebates  (6/6/2006)
Tuesday, June 6, 2006 By KELLEY BOUCHARD, Portland Press Herald Writer Copyright © 2006 Blethen Maine Newspapers Inc. A student housing project planned for Marginal Way will get a $1.2 million tax break over 10 years even though some Portland city councilors say it won't have enough parking and many college students won't be able to afford the rents. More

City Approves $90 Million Development on Waterfront  (4/26/2006)
By KELLEY BOUCHARD, Portland Press Herald Writer Copyright © 2006 Blethen Maine Newspapers Inc. A $90 million residential and commercial project on Portland's eastern waterfront won Planning Board approval Tuesday night. Construction is expected to start in September. More

Portland Continues Its Role as One of the Leaders in its Technology Infrastructure as New State-of-the-art Data Center Opens in Downtown  (3/23/2006)
This facility offers companies in Maine, the U.S. and abroad a secure location to keep their servers and other components of their technology infrastructure that needs to be safe, secure and connected for disaster recovery purposes. More

Lucinda Yates Named One of 25 Best Small Companies That Help Moms Most  (3/15/2006)
What They Do Create: handcrafted jewelry for nonprofits to use in fund-raising and awareness efforts More

JetBlue Airways Lands in Portland  (2/23/2006)
Six weeks after the demise of Independence Air, a new discount airline is coming to town. More

Portland's Master of Mastering Takes Home Award  (2/9/2006)
Bob Ludwig, founder of Gateway Mastering Studios in Portland, won his first individual Grammy Award on Wednesday. Adam Ayan, a mastering engineer at Gateway, also won. Both attended the ceremonies in Los Angeles. More

New Office Building Going Up in Bayside  (1/6/2006)
The transformation of a busy Bayside intersection is set to continue this month when developer Theodore West starts construction of a $5 million office building at Marginal Way and Hanover Street in Portland. More

Portland OKs Land Buy to Help Scrap Yards Move From Bayside  (12/20/2005)
Portland city councilors agreed unanimously Monday night to pay $5 million for land on Riverside Street that could lead to the removal of two scrap-metal recycling yards from the Bayside neighborhood, More

City Looks at Rand Road Site for Biotechnology Office Park  (12/13/2005)
Portland officials want to develop a biotechnology office park off Rand Road to compete for tenants looking at similar locations in the Boston area. More

Deal a 'Huge' Step for Bayside  (11/19/2005)
Portland officials have negotiated a $5 million deal on a Riverside Street parcel that would lead to removal of two scrap-metal yards from the Bayside neighborhood, allowing the district to continue its transformation into a More

City to Recognize Businesses for Outstanding Achievements and Economic Impact to Portland  (11/16/2005)
Portland, Maine: The City of Portland’s financial lending board, the Downtown Portland Corporation (DPC) will be recognizing three Portland businesses at their annual meeting being held tomorrow night, November 17th in the State of Maine Room, Portland City Hall. The awards More

City Approves Sale of Land in Bayside  (10/6/2005)
A land deal that would bring student housing, offices, stores and parking to Portland's Bayside neighborhood won approval Wednesday. More

Portland: Ownership of Easement Finally Transferred to City  (9/28/2005)
Gov. John Baldacci signed a deed Monday that will finally transfer ownership of the former Union Branch railroad easement in Bayside to the city of Portland. His action ended three years of negotiations that, in recent months, held up more than $100 million in redevelopment plans More

Maine Improves as a Business Friendly State  (8/18/2005)
The Milken Institute reports that Maine has lowered the cost of doing business, falling a full three spots in a ranking of states since the Los Angeles based independent economic think tank issued its last report one year ago. More

Portland Economic Development Relocates The Resource Hub to City Hall  (7/1/2005)
The Resource Hub, formerly located at 441 Congress Street, quickly became a mainstay for hundreds of area businesses after its opening in November of 1997. The extensive services offered by the Hub, such as business planning More

Maine's Quality of Life Ranked Best in Nation  (6/28/2005)
The London-based Foreign Direct Investment magazine, a Financial Times publication, has ranked Maine's quality of life as the best in the nation in its June 2005 "U.S. Cities and States of the Future" issue. In the issue's More

Portland   (6/6/2005)
Outside magazine - a popular read for the adventurous and environmentally conscious - again has named Portland in its top 10 American dream towns. The special edition will hit newsstands next week. More

welcome

contact us

Start/Grow/Relocate Business
Financial Assistance
Portland Economic Dev. Plan
Permitting & Regulatory Assistance
Grant/Match Programs
Portland Development Corporation
Major Development Initiatives

your business matters

The Economic Development Division (EDD) is focused on cultivating a healthy and vibrant economic climate in the City of Portland. We strive to maintain and grow a diversified tax base that supports strong employment opportunities, while positioning Portland to compete in the global marketplace.

Comprehensive assistance is available to businesses at every stage of development and growth, whether just starting up, expanding or relocating to the City. Our services are designed to streamline doing business in Portland and are free and confidential.