Saturday, April 19, 2014
Commercial Confidential tracks Maine's business leaders and economic indicators.
I'm an economics wonk and an online content producer for the Portland Press Herald.
"On the Move": Submit items of interest regarding new employees, promotions and professional honors — with photos and LinkedIn URLs — to business [at] pressherald.com.
If you haven't visited our online business section at pressherald.com/business lately, have a look — we've added a couple new features to help keep our readers up to date.
Staff writer Randy Billings, reporting from yesterday's planning board hearing, shared an preliminary design for a 15-story apartment building being planned for Portland's Bayside neighborhood (pictured below).
The project would include retail space on the ground floor and about 190 new apartments in the tower above. And it's only phase one in a larger project that would add four more towers with a total of 675 new apartments in the neighborhood.
With a project as ambitious as this one, some might wonder whether Portland's housing market — even with its miniscule vacancy rates — can handle such a large influx of new supply.
Back in the spring of 2011, the Press Herald ran its first story about the proposed Thompson's Point office, hotel, and sports arena project. The original proposal (pictured at left) featured a large sports arena and concert hall, along with a hotel, parking garage, and multiple new office buildings.
Over the weekend, staff writer Randy Billings had a story about the project's latest transformation.
This map of the United States from a 1970s-era Soviet atlas has been getting a lot of clicks on Reddit , and as a fan of maps, history, and economics, I had to share it here (scroll down for a closer look at how it portrays Maine):
Here's a closeup of Maine, and the map's legend:
Staff writer Joe Lawlor has a story out today about the proposed rates that Mainers would pay under the new federal insurance exchanges.
Thanks to recent state legislation, insurers are allowed to vary their rates based on geography across four regions, based on insurance companies' assessments of how health care risks and costs vary by geography in Maine. As you can see in this Press Herald graphic by Michael Fisher, they intend to do so:
But here's something interesting: while working on our recent special section "The Challenge of Our Age," I'd seen a similar map, in the Muskie School's publication "Older Adults and Adults with Disabilities: Population and Service Use Trends in Maine 2010" [download the PDF]. Here's Figure 2-1 from that report: