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Real Estate & Construction

  • Residential construction is up, but will rising prices put a damper on demand?

    Laurie Schreiber April 16, 2018

    Dino Spugnardi, owner of Cottage Home Construction, can be found lately at a Yarmouth single-family subdivision called Village Run, building his fourth house there.

    Laurie Schreiber April 16, 2018
  • Surge in Passive House construction driven by real savings in energy costs

    Maureen Milliken April 16, 2018

    Cornerspring Montessori School in Belfast could pass for any modern school; so could the Friends School of Portland in Cumberland.

    Maureen Milliken April 16, 2018
  • Husson to confer honorary degrees on Vigue, Hunter

    Staff April 13, 2018

    Husson University announced this week that it will confer honorary doctorates on Peter G. Vigue, chairman of the board of Cianbro Cos., and Susan J. Hunter, the University of Maine's first woman president who is retiring on June 30.

    Staff April 13, 2018
  • Gardiner business park's proximity to interstates 'drives' interest

    Laurie Schreiber April 12, 2018

    The sale of two adjacent lots at Gardiner's 95/295 Business Park at Libby Hill signals continued interest in the park's primary advantage — proximity to Interstate 95 and Interstate 295 — combined with development incentives offered by the city.

    Laurie Schreiber April 12, 2018
  • Scarborough Downs mixed-use plan approved

    April 12, 2018

    The Scarborough Planning Board approved a master plan for the 500-acre Scarborough Downs property for a mixed-use community with housing, retail and green space.

    April 12, 2018
  • Katahdin Trust offering grants to help eligible homebuyers

    Staff April 11, 2018

    Katahdin Trust Co., a Houlton-based bank with 16 branch offices, was once again selected to participate in the Federal Home Loan Bank of Boston's Equity Builder Program, which assists local homebuyers with down-payment and closing costs as well as

    Staff April 11, 2018
  • Rockport voters to decide on zoning for tiny homes

    April 11, 2018

    Rockport voters in June will vote on land use zoning amendments that could allow two nonprofits to build tiny homes for the homeless.

    April 11, 2018
  • Sale of Rockland’s massive quarry stalls

    April 11, 2018

    The Rockland City Council this week postponed action on an ordinance to sell the city's interest in the 14-acre water-filled former limestone quarry known as the "Engine Quarry" to Jake Barbour of Jake Barbour Inc.

    April 11, 2018
  • PUC is seeking bids for new space

    Maureen Milliken April 10, 2018

    The Public Utilities Commission is accepting bids for new space in anticipation of the 10th year of its lease at 101 Second St. in Hallowell.

    Maureen Milliken April 10, 2018
  • Colby building buy is step forward for Camden National Bank too

    April 10, 2018

    The purchase of the Camden National Bank building at 33 Main St. in Waterville, the sixth the college has bought downtown, is part of its plan to develop a hotel, and the bank will move into the new Alfond Commons building.

    April 10, 2018
  • Priority Group cited as key in Brunswick Landing's continuing success

    Maureen Milliken April 10, 2018

    The developer, named 2017 Developer of the Year by the Midcoast Regional Redevelopment Authority, is adding buildings, businesses to the former Navy air base.

    Maureen Milliken April 10, 2018
  • High winds damage Casco Systems building under construction

    April 10, 2018

    Most of a 20,300-square-foot building in Cumberland that was under construction for Casco Systems was blown down last week by winds reaching 60 miles per hour.

    April 10, 2018
  • Colby College buys Camden National building to add to hotel plan

    Maureen Milliken April 10, 2018

    Colby College is buying the Camden National Bank building at 33 Main St. in Waterville, which is adjacent to the lot where it plans to build a hotel as part of that project. The bank will move into the building the college is constructing three

    Maureen Milliken April 10, 2018
  • Maine makes top 5 in states with highest tax burden

    Staff April 9, 2018

    A report released today by the personal-finance website WalletHub shows Maine as having the third highest overall tax burden of the 50 states.

    Staff April 9, 2018
  • Brennan takes over as MaineHousing director

    Staff April 9, 2018

    Dan Brennan, a member of MaineHousing's leadership team, is the new director of the $1.7 billion financial institution that serves more than 90,000 people statewide annually.

    Staff April 9, 2018
  • Historic church turned into apartments sells for $4.3M

    Laurie Schreiber April 8, 2018

    A church in Portland that was redeveloped to retain original features has sold to an out-of-town buyer for $4.3 million.The development, called The Clark on Pleasant, is at 3 Pleasant Ave. and was designed by John Calvin Stevens.

    Laurie Schreiber April 8, 2018

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Today's Poll

Has the federal shutdown affected your air travel plans?
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Sponsored by Kennebunk Savings Bank

Over the weekend, thousands of flights were canceled after the new federal restrictions took effect at some of the nation's busiest airports. 

The Federal Aviation Administration ordered airlines to cut flights by 4% at 40 major airports and that percentage is scheduled to increase to 10% by Friday. The FAA cited safety concerns and the need to ease the strain on air traffic controllers, who have been working without pay since the federal government shutdown began last month. 

Airlines warn that the cutbacks could lead to more delays, fewer available seats and higher fares in the days ahead.

Talks are underway to end the federal shutdown, but the timing of the FAA cutbacks adds uncertainty to the Thanksgiving travel rush, which is just two weeks away.

Last year, more than 20 million passengers took to the skies during Thanksgiving week, driving billions of dollars in spending and making it one of the busiest and most economically significant travel periods of the year, according to the U.S. Travel Association.