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Real Estate & Construction

  • Augusta hospital redevelopment targets commercial market

    Douglas Rooks October 28, 2013

    In most real estate markets, an abandoned hospital building would be a white elephant, or, at best, an odd duck.

    Douglas Rooks October 28, 2013
  • Groundroot Preservation guides futures of historic buildings

    James McCarthy October 28, 2013

    Scott Stevens and Steven Mallory each had a dream job before starting Groundroot Preservation Group, a historic restoration and preservation firm based in York.

    James McCarthy October 28, 2013
  • Maine Natural Gas completes Augusta pipeline, will start gas deliveries

    October 25, 2013

    Maine Natural Gas, which is in heated competition with Summit Natural Gas to provide natural gas to the Augusta area, said Thursday that it has finished filling its 21.4 mil

    October 25, 2013
  • Portland sells land to Thompson’s Point developers

    October 22, 2013

    Developers of the $105 million Thompson’s Point project in Portland received city approval Monday to buy three acres of city-owned land, paving the way for a deal developers have crafted to relocate an existing tenant.

    October 22, 2013
  • Single-family home sales jump 25%

    Lori Valigra October 22, 2013

    Maine’s existing single-family home unit sales lurched up 24.59% over a year ago in September following a robust 20% annual rise in August, a

    Lori Valigra October 22, 2013
  • Woodard & Curran acquires Montana firm

    October 21, 2013

    The Portland-based engineering firm Woodard & Curran has acquired the 80-employee engineering and environmental management consulting firm TREC Inc., headquartered in Bozeman, Mont.

    October 21, 2013
  • Shutdown stalls rural housing loans

    October 10, 2013

    The shutdown of the federal government has stopped processing of loans for some first-time home buyers in rural areas of the state.

    October 10, 2013
  • Retiring in Maine: not just for the Bushes

    October 3, 2013

    Though Maine is famous for the Rockefellers on Mount Desert Island, the Bushes in Kennebunkport, and other super-rich families summering and retiring along the Maine coast, there are good deals to be had for the more humbly appointed in New Englan

    October 3, 2013
  • Avoid ‘loss factor’ leasing headaches

    Justin Lamontagne September 30, 2013

    An important part of my job as a commercial real estate broker is to find potential problems as early as possible. I've found that the earlier a problem is identified, the more likely a reasonable solution can be implemented.

    Justin Lamontagne September 30, 2013
  • XNG building, expanding CNG hubs

    Darren Fishell September 24, 2013

    Boston-based Xpress Natural Gas is increasing its footprint in Maine with plans to build a second compressed natural gas distribution hub in Eliot by early next year and increase capacity at its Baileyville operation by 40% this year.

    Darren Fishell September 24, 2013
  • 50K square feet up for auction in Portland’s Old Port

    September 23, 2013

    A cluster of six mixed-use properties in Portland’s Old Port will be put up for auction through online bidding today.

    September 23, 2013
  • Maine home sales up 20% in August

    September 20, 2013

    The sales volume for single-family homes jumped 20% in August compared with the same period one year ago.

    September 20, 2013
  • LePage lifts ban limiting affordable housing bonds

    September 17, 2013

    Gov. Paul LePage has lifted a ban that has for the past two years prohibited the Maine State Housing Authority from issuing certain bonds to support construction of affordable housing units.

    September 17, 2013
  • Portland OKs plaza sale to Rockbridge

    September 17, 2013

    After an arrest, protests and hours of debate, the Portland City Council approved selling two-thirds of a concrete downtown park for about a half-million dollars to Rockbridge Capital, which owns the former Eastland Park Hotel that overlooks

    September 17, 2013
  • Radon, uranium testing spikes with surge in home sales

    Lori Valigra September 16, 2013

    For Portland native Kate McCabe, moving from a home hooked into the public water system to one with a private well was as much about having safe drinking water as it was about expanding the space for her growing family.

    Lori Valigra September 16, 2013
  • Shaw Bros. Construction readies $10M asphalt plant

    September 12, 2013

    Shaw Brothers Construction is preparing to move early next year into a new $10 million plant under construction next to its brickyard quarry in Gorham.

    September 12, 2013

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Today's Poll

Does cruise ship season help your business?
Choices
Poll Description

Sponsored by Kennebunk Savings Bank

Maine's cruise ship season is in full swing, running from late September through early November. Thousands of passengers are expected to visit Portland, Bar Harbor, Eastport or Rockland.

This week alone, Portland is set to welcome around 16,000 cruise ship passengers.

But as the season ramps up, it's bringing mixed reviews. Some locals brace for the crowds and many business owners say cruise ship visitors don't spend much while in the port. Other business owners argue that, even if cruise ships don't benefit their own coffers, they still benefit the overall economy.

When we asked this question in 2023, Mainebiz respondents, 21% said the visits bring customers and revenue, while only 18% said the visits don't help their business.

More than half of the respondents, 53%, said cruise ships benefit the overall economy,