East Brown Cow News

Boom Town

The Maine Magazine - November, 2014

Author: Kari Jordan/Saturday, November 1, 2014/Categories: News

The Rise of Commercial Real Estate in Portland

These days, when I visit Portland, I find myself wondering, “When did that get there?” New hotels in the Old Port, townhouses on Munjoy Hill, shops where there once were empty storefronts on Exchange Street, a gussied-up Eastland now transformed into a Westin. I live north of the city, but it’s not like my visits are infrequent. I’m in town several times a week for my son’s Aikido lesson, a visit to Longfellow Books, an event at the nonprofit contemporary arts organization SPACE, or a dinner out with friends. After all, as locals and tourists avow, Portland has a lot to offer. Even so, I find myself surprised. After the doldrums of the recession, Portland feels like a boomtown.  Read more...

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