Custom Car, Motorcycle, Watercraft Appraisals in Portland, ME
Portland is the largest city in Maine, with a population of more than 68,400 people. It's also the capital city of the state, and serves as the seat of Cumberland County. The Greater Portland metropolitan area currently is home to more than 500,000 residents.
Since its founding in 1632 and its incorporation in 1786, Portland has experienced four devastating fires. This inspired the adoption of a city seal featuring a phoenix rising from the ashes, representing how the city has recovered each time and gone on to thrive.
In the past, Portland's economy relied heavily on fishing, canneries, and manufacturing. Today, the city has a diversified economy that allows it to continue growing. The service sector and tourism now play major roles in the local economy.
Different areas of the city offer residents and visitors plenty to do. The Old Port is known as a hotspot for nightlife, while also providing some of the best examples of 19th-century architecture to be found anywhere in the state. Fishing and commercial shipping continue to be major industries, with the Port of Portland serving as the second-largest tonnage seaport in New England.
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Facts about Portland, ME
Portland is the most populous city in the U.S. state of Maine, with a population of 66,937 as of 2016. This makes it the fourth least populous city in the U.S. to be the most populous in its state. The Greater Portland metropolitan area is home to over half a million people, more than one-third of Maine's total population. The Old Port district is frequented by tourists, while Portland Head Light is also a destination. The city seal depicts a phoenix rising from ashes, which is a reference to the recoveries from four devastating fires. Portland was named after the English Isle of Portland, and the city of Portland, Oregon, was in turn named after Portland, Maine.
In 1853, upon completion of the Grand Trunk Railway to Montreal, Portland became the primary ice-free winter seaport for Canadian exports. The Portland Company manufactured more than 600 19th-century steam locomotives. Portland became a 20th-century rail hub as five additional rail lines merged into Portland Terminal Company in 1911. Following nationalization of the Grand Trunk system in 1923, Canadian export traffic was diverted from Portland to Halifax, Nova Scotia, resulting in marked local economic decline. In the 20th century, icebreakers later enabled ships to reach Montreal in winter, drastically reducing Portland's role as a winter port for Canada.
On June 26, 1863, a Confederate raiding party led by Captain Charles Read entered the harbor at Portland and the Battle of Portland Harbor ensued, one of the northernmost battles of the Civil War. The 1866 Great Fire of Portland, Maine, on July 4, 1866, ignited during the Independence Day celebration, destroyed most of the commercial buildings in the city, half the churches and hundreds of homes. More than 10,000 people were left homeless.
By act of the Maine Legislature in 1899, Portland annexed the city of Deering, despite a vote by Deering residents rejecting the annexation, thereby greatly increasing the size of the city and opening areas for development beyond the peninsula.
The construction of The Maine Mall, an indoor shopping center established in the suburb of South Portland, during the 1970s, economically depressed downtown Portland. The trend reversed when tourists and new businesses started revitalizing the old seaport, a part of which is known locally as the Old Port. Since the 1990s, the historically industrial Bayside neighborhood has seen rapid development, including the emerging harborside Ocean Gateway neighborhood at the base of Munjoy Hill. The Maine College of Art has been a revitalizing force downtown, attracting students from around the country. The historic Porteous building on Congress Street was restored by the College.