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Real Estate & Construction

  • MRRA credits $3M debt payoff to rapid growth

    June 6, 2014

    The Midcoast Regional Redevelopment Authority has paid off a $3 million loan from the U.S.

    June 6, 2014
  • Lawyer appeals reprimand in ‘robo-signing’ cases

    June 5, 2014

    Paul Peck, a lawyer who led Drummond & Drummond’s foreclosure division, is appealing a reprimand sought against him by the Maine Board of Overseers of the Bar.

    June 5, 2014
  • L-A's only Alpine ski hill could close

    June 4, 2014

    Lost Valley, Lewiston-Auburn’s only Alpine ski resort that has experienced ongoing budget issues, could close before next season unless it receives financial assistance.

    June 4, 2014
  • Maine real estate activity increases by 2.4%

    June 3, 2014

    The MEREDA Index has increased by 2.4% for the first quarter over the last year to 78, signaling the second consecutive increase and an improving real estate economy in Maine.

    June 3, 2014
  • Frosty's Donuts expanding to 23 Hannaford stores, adding Gardiner location

    Dylan Martin June 2, 2014

    Frosty’s Donuts, an iconic doughnut shop in Brunswick, will have its fresh doughnuts served in up to 23 Hannaford supermarkets by the end of the year.

    Dylan Martin June 2, 2014
  • Pan Am sells rail track needed for marine terminal expansion

    James McCarthy June 2, 2014

    A key piece of land that had been owned by a railroad will become part of the International Marine Terminal in Portland, an official at Pan Am Railways said Monday.

    James McCarthy June 2, 2014
  • Partnership with Bank of Maine puts focus on Gardiner's downtown

    James McCarthy June 2, 2014

    Take a walk with Nate Rudy through Gardiner's downtown district and you'll begin to see how an economic and community developer's mind works.

    James McCarthy June 2, 2014
  • Real Estate Sales, June

    May 30, 2014

    Sponsored by CBRE|The Boulos Co.

    May 30, 2014
  • CEI's relocation to Brunswick moving forward

    May 29, 2014

    CEI, formerly known as Coastal Enterprises Inc., is moving forward on a plan to consolidate its Wiscasset and Portland offices into a new Brunswick headquarters.

    May 29, 2014
  • Cate Street: Lien 'interferes with' mill revitalization

    May 29, 2014

    Cate Street Capital, the New Hampshire-based investment firm that owns paper mills in the Millinocket area, said the lien filed by the town of Millinocket seeking $2.24 million in delinquent property taxes “interferes with” its revitalizatio

    May 29, 2014
  • Lodging official denounces Airbnb

    May 27, 2014

    Online lodging services like Airbnb are on the rise in Maine, providing visitors a way to rent rooms in apartments and houses, but not everyone is happy about their popularity.

    May 27, 2014
  • Home sales up 8.3% in April

    May 23, 2014

    Statewide sales of single-family existing homes increased 8.23% in April from last year, bucking a nationwide 7.7% decrease in sales over the same 12-month period.

    May 23, 2014
  • $10M condo development breaks ground

    May 23, 2014

    Construction began on a $10 million condominium project in Portland this week, making it the first development of its kind in the city with units over $1 million.

    May 23, 2014
  • Two upscale hotels open in Portland

    May 21, 2014

    Two hotels opened in Portland’s Old Port district this week, creating a total of 261 new rooms for business and leisure travelers.

    May 21, 2014
  • $2.9M hotel project sees opposition in Rockland

    May 21, 2014

    A proposed $2.9 million, five-story hotel in downtown Rockland faced heavy opposition from the public at a Planning Board meeting on Tuesday.

    May 21, 2014
  • Portland lobster plant could create 50-plus jobs

    May 20, 2014

    A new lobster processing plant in Portland that could create more than 50 jobs during peak processing season has passed another hurdle.

    May 20, 2014

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Today's Poll

How was the 2025 summer tourism season?
Choices
Poll Description

Sponsored by: Kennebunk Savings Bank

With the official end of summer this past weekend, we're taking a look back at how the season unfolded.

Back in early August, we asked how the summer tourism season was going — and at the time, the majority of respondents told us it could be better. And remember, the season started very rainy and ended amid a drought. 

Now that the season has wrapped up, we're checking in again to see how things ended. Did things improve? Did tourism pick up later in the summer, or did the season fall short of expectations?