Maine Real Estate & Development Association Elects Josh Fifield to its Board of Directors


Josh Fifield, a Senior Account Executive in the Business Insurance Department of Clark Insurance has been elected to the board of directors of the Maine Real Estate & Development Association (MEREDA), a statewide organization of commercial real estate owners, developers and related service providers.

Since joining Clark Insurance, a 100 percent employee-owned independent agency, Josh has built a reputation for understanding the complexities of real estate development to help insure large affordable housing projects, commercial developments and industrial properties, including insurance solutions for state and federal historic & LIHTC tax credits.

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Maine Real Estate & Development Association Awards Top 10 Notable Projects of 2016





The Maine Real Estate & Development Association (MEREDA) recently announced the recipients of its 2016 Notable Projects Awards at its Annual Real Estate Spring Conference. This year’s event, titled “’YIMBY’ism: YES in my Backyard Why Development is Good” was held on May 18 in South Portland.

Each year, MEREDA recognizes some of the state’s most “noteworthy and significant” real estate projects, completed in the previous year. Spread across the state, each of these projects aided in Maine’s economic growth, while also embodying MEREDA’s belief in responsible development. These projects not only exemplify best practices in the industry, and also involve a significant investment of resources and job creation statewide.



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YIMBYers extol the virtues of development
The Maine Real Estate & Development Association (MEREDA), the state’s leading organization advocating for responsible real estate development, convened a conference last month entitled, "Yes-In-My-Backyard: Why Development is Good."

“Renewed interest in Maine’s cities and downtowns have placed pressure on communities to build in unprecedented ways. Recognizing the crippling effect of NIMBY, or ‘not in my backyard,’ ways of thinking,” said MEREDA president Paul Peck in announcing the event. “The ‘yes in my backyard,’ or ‘YIMBY,’ movement is an overt counterargument to oppositional mindsets - and is gaining traction quickly.”

Jesse Kanson-Benanav, a Boston area YIMBY pioneer keynoted the conference. He is an instrumental leader in the movement, and set the stage for a discussion about how to move development forward, with an update on the present status of pro-growth efforts and implications for the future of communities.

Kanson-Benanav asserted that development:

  1. Moderates and/or stabilize housing prices,
  2. Increases economic stability, and
  3. Improves the general diversity of communities, both from a social and economic perspective.

He came armed with real-world, pro-density examples. For instance, household size is decreasing across the globe, with families choosing to have fewer children and with less multigenerational living situations. In the U.S., in 1950, the average household was 3.37 people. Now it's 2.6. Even if populations don’t grow overall, the amount of housing needed in any given community to accommodate the same number of residents is growing year-over-year.

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