The new business owners hoping to revive downtown Caribou

Finance


CARIBOU, Maine – It has been a rough year for Caribou’s downtown, but several entrepreneurs are determined to help jump-start a revitalization.

Sweden Street has struggled to attract and retain businesses since Limestone’s Loring Air Force Base closed in 1994, which led to major population decline. Once a vibrant restaurant and retail center, the area has seen businesses come and go over decades, with The Caribou Theater and Sears Hometown Store being the latest to announce closures.

January fires on Sweden Street and nearby Water Street have made the city’s goal to turn historic and blighted properties into community hubs once again even more challenging.



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