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Real Estate & Construction
Broker report: As year winds down, Portland’s residential inventory is up
Updated: 6 hours agoAfter several years of record-setting activity, Portland’s housing market is transitioning into rising inventory, longer days on the market and softening prices, said a local broker.
Updated: 6 hours ago
Campaign aims to build interest in backyard dwellings
Updated: 8 hours agoThe Greater Portland Council of Governments is leading an initiative encouraging homeowners to consider building accessory dwelling units on their properties.
Updated: 8 hours ago
Maine merger activity in 2025 cut across sectors from maritime to potato processing
Updated: 8 hours agoThis year's notable deals include the acquisition of Belfast's Front Street Shipyard by a Blackstone-backed marina operator, and hammond Lumber's purchase of Ware-Butler.
Updated: 8 hours ago
Kennebec Savings seeks to build five-story building at Augusta campus
December 23, 2025“Our goal is to design a campus that functions better for customers and employees, improves safety and traffic flow, and fits the character of the neighborhood,” said one executive.
December 23, 2025
Coming in for a landing: Bangor airport touts $45M runway revamp
December 23, 2025The project included complete pavement rehabilitation and associated airfield improvements, restoring the runway to meet current safety, operational and performance standards.
December 23, 2025-
$57M sale of apartment complex in Freeport is Maine's largest commercial property deal for 2025
Updated: December 23, 2025The Residences at Crosstree is one of the largest multifamily housing developments in Freeport in recent memory, with 144 units across six buildings.
Updated: December 23, 2025
Acadia National Park gets $10.8M to jumpstart employee-housing project
December 21, 2025If the park can’t provide bedrooms for prospective seasonal employees, most couldn’t find a place to live within commuting distance — also increasingly the case with permanent staff.
December 21, 2025
Federal shutdown slowed Maine home sales in November
Updated: December 22, 2025With delays in processing mortgage loans through federal agencies, home sales were down nearly 12% in November.
Updated: December 22, 2025
Renys rules out downtown for any future Portland location
Updated: December 22, 2025"We gave it our best shot," John Reny, president of the family-owned discounter, told Mainebiz of the location at 540 Congress St. The store will end its 15-year run at the downtown location on Dec. 31.
Updated: December 22, 2025
Robots, rage rooms and other offbeat stories in 2025
Updated: December 22, 2025As we get ready to wind down the year, here’s a recap of 10 stories that tickled our fancy in 2025.
Updated: December 22, 2025
University of Southern Maine plans $15M building for visual arts on Gorham campus
Updated: December 19, 2025The arts help prepare students for the workforce by strengthening creative, critical-thinking and communication skills. Construction will break ground in early January.
Updated: December 19, 2025-
With ownership change in the works, Front Street Shipyard focuses on what's next
Updated: December 19, 2025The acquisition by Safe Harbor Marinas is expected to close in January. It is an all-cash deal; terms were not disclosed.
Updated: December 19, 2025 
Camden National retools its real estate holdings, selling two sites but leasing another
Updated: December 22, 2025Proceeds from the sales are invested into upgrades at other locations. In Portland, the bank had maxxed out its downtown facility, which resulted in a lease in the Old Port.
Updated: December 22, 2025
Sevee & Maher recognized for engineering work on Estabrook's greenhouse
Updated: December 22, 2025Rainwater harvesting could add 1.6 million gallons per year to an irrigation pond, feed a recirculation system inside the greenhouse and reduce demand for new water.
Updated: December 22, 2025
Haley Ward wins award for renovation work on Boston-area apartment complex
Updated: December 22, 2025The project expanded a compact lobby into the parking garage. New features include expansive windows, a covered entry and a clubroom with a kitchenette.
Updated: December 22, 2025
Lewiston says ‘no’ to proposed AI data and technology center for Bates Mill
December 17, 2025A proposal for an artificial intelligence data and technology center in Bates Mill No. 3 was unanimously voted down by Lewiston City Council.
December 17, 2025
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