Flood Risk Recedes

Mainebiz reports that FEMA has revised its flood map so that most of Portland Harbor is no longer classified as a high-risk area.

Point Lookout

Capital Weekly reports that Point Lookout is under new management, although the new management does not propose any significant changes in the proposed use of the property.

Sanctuary Auditorium

Mainebiz reports that the St. Lawrence Arts Center on Munjoy Hill in Portland is moving forward with plans to build a 400 seat performing arts hall.

April Home Sales

Mainebiz reports a 63% increase in Maine home sales over April 2009, with an increase in the median sales price.

Game Changer?

The Mainebiz story on Pierce Atwood's proposed move from Monument Square to Commercial Street suggests that this might represent a new direction in the development of the Portland Waterfront.

Development Pushing Back Forests

The Press Herald has a story on a Harvard University report that forests in Maine and other New England states have reversed a trend and are now shrinking as a result of housing and commercial development.

Passamaquoddy LNG Lease Cancelled

The Bangor Daily News reports that the Bureau of Indian Affairs has canceled the land lease that the Passamaquoddy Tribe at Pleasant Point had entered into with Quoddy Bay LNG, which planned to construct a liquified natural gas terminal on the site.