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Real Estate & Construction
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Escalating costs and zoning restrictions sideline Portland housing projects
Tina Fischer Updated: May 7, 2025Three downtown housing projects were approved and developers were poised to move forward earlier this year, but all three developers now say their projects are on hold.
Tina Fischer Updated: May 7, 2025
Large condominium project is underway near Pride’s Corner in Westbrook
Tina Fischer May 5, 2025The 118 cottage-style units are a mix of two-bedroom and three-bedroom condos and are being built in five phases.
Tina Fischer May 5, 2025
Long-time hospitality professional acquires two Ogunquit hotels
Laurie Schreiber Updated: May 5, 2025The buyer of two neighboring hotels in Ogunquit, both dating back to the early 1900s, has been in the hospitality business throughout his careeer.
Laurie Schreiber Updated: May 5, 2025
A roundup of Maine's commercial real estate sales from April 2025
Laurie Schreiber Updated: May 5, 2025Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in April 2025.
Laurie Schreiber Updated: May 5, 2025CORE’s property manager hire brings experience managing campgrounds
Laurie Schreiber Updated: May 5, 2025Jake Krainson joined CORE’s operations and management team as a property manager.
Laurie Schreiber Updated: May 5, 2025
Noted author’s challenge grant will support planned Asian American center in Westbrook
Laurie Schreiber April 30, 2025Bestselling author and Maine resident Tess Gerritsen kicked off a $50,000 matching challenge grant to help build the planned Asian American Community Center.
Laurie Schreiber April 30, 2025
Former Coast Guard housing in Jonesport is up for auction
Laurie Schreiber Updated: May 2, 2025The Coast Guard’s stations in Jonesport and Eastport are considered two of the more remote sites for the nation’s maritime armed service.
Laurie Schreiber Updated: May 2, 2025
Building Business: PC Construction breaks ground on Martin's Point headquarters
Tina Fischer Updated: May 5, 2025The project will provide flexible new work stations, including collaboration areas, and is targeted for completion in early 2027.
Tina Fischer Updated: May 5, 2025Maine's commercial real estate leases for April 2025
Tina Fischer April 30, 2025A roundup of Maine's commercial real estate leases for the month of April 2025, as compiled in the Thursday Real Estate Insider.
Tina Fischer April 30, 2025
The Eagle has landed: Massachusetts bank set to open its first Maine branch this summer
Peter Van Allen Updated: May 1, 2025Eagle Bank, which plans to open its first Maine branch in Kennebunk, already has a significant customer presence in Maine, the CEO said.
Peter Van Allen Updated: May 1, 2025
New Bar Harbor school will use geothermal heating
Tina Fischer April 29, 2025Wright-Ryan Construction is building a new 100,000-square-foot elementary school to replace two existing schools. It is expected to be completed in the fall of 2026.
Tina Fischer April 29, 2025
Curtain about to go up on new theater at Stevens Square complex
Tina Fischer Updated: April 30, 2025Developers Collaborative has been repurposing the former site of the Sisters of Mercy convent and McAuley School for Girls on Stevens Avenue in Portland into a new 55-plus community with a mix of housing options, a bustling community center and a
Tina Fischer Updated: April 30, 2025
More space, improved layouts prompt VIP store moves in Portland and Augusta
Laurie Schreiber Updated: April 30, 2025The new locations allow VIP to better serve customers in Portland and Augusta with improved layouts, more space and state-of-the-art equipment.
Laurie Schreiber Updated: April 30, 2025
Portland cold storage contractors file legal claims over unpaid bills
Renee Cordes April 24, 2025Some Maine companies that helped build Portland’s $56 million cold storage warehouse say they haven’t been paid fo
Renee Cordes April 24, 2025
Maine home sales and prices sag in March
Laurie Schreiber April 24, 2025With increasing inventory, days on market last month increased to 22 days, more than double the historic low of nine days in March 2022.
Laurie Schreiber April 24, 2025
Maine building trade unions urge Congress to protect federal energy tax credits
Laurie Schreiber Updated: April 25, 2025Clean-energy projects over the past two years have created good-paying jobs, said union reps. Developers are pausing project starts as Congress debates federal investment.
Laurie Schreiber Updated: April 25, 2025
Today's Poll
Sponsored by Kennebunk Savings Bank
For many, Thanksgiving means gathering with family and friends. It can also mean travel headaches.
AAA predicts a record 81.8 million people will travel at least 50 miles from home between Tuesday, Nov. 25, and Monday, Dec. 1.
Of those travelers, 73 million will go by car — up 1.3 million from a year ago.
With the federal shutdown resolved, air travel is expected to be back at normal levels — although, in this case, it will mean normal Thanksgiving levels. AAA predicts that 6 million people will travel by air, a 2% increase. (Last year, Portland International Jetport broke its Thanksgiving travel record, with 64,348 travelers, up from 54,636 in 2023.)
Another 2.5 million people will travel by bus, train or cruise ship.
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn More
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn More
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn more-
The Giving Guide
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
-
Work for ME
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
-
Groundbreaking Maine
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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