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Real Estate & Construction

  • Maine's GDP up slightly in 2012

    June 10, 2013

    Maine's manufacturing, construction and wholesale and retail trade industries led the state's modest growth in real gross domestic product of 0.5% last year, according to data from the U.S. Bureau of Economic Analysis.

    June 10, 2013
  • Bob Gerber of Ransom Environmental Consulting is working with Maine towns and cities to revise flood risk maps drafted by the Federal Emergency Management Agency in Cumberland and York counties

    Insurance, flood map changes stand to raise premiums

    Darren Fishell June 10, 2013

    A perfect storm is headed for some coastal Maine properties, but it's not moving in from offshore. It's coming from Washington.

    Darren Fishell June 10, 2013

  • Casalinova announces Oxford hotel plans

    June 6, 2013

    Casalinova Development Group and GIRI Hotel Management have announced plans for an 80- to 100-room hotel directly across from the Oxford Casino.

    June 6, 2013

  • Summit begins natural gas pipeline construction

    June 5, 2013

    Summit Natural Gas of Maine has started building a $350 million natural gas pipeline, joining competing Maine Natural Gas in constructing natural gas infrastructure in the Kennebec Valley.

    June 5, 2013

  • SBA loans open to Lewiston fire victims

    June 3, 2013

    Property owners looking to rebuild after fires destroyed 10 buildings in Lewiston will be able to apply for low-interest federal loans that Mayor Robert MacDonald said will help the city rebuild.

    June 3, 2013

  • Ellsworth to launch commercial real estate site

    May 30, 2013

    City officials in Ellsworth are hoping a new website listing local commercial properties will help locate buyers for open spaces.

    May 30, 2013

  • Wasco opens production facility in Reno

    May 29, 2013

    Wasco Skylight Products Inc., a manufacturer of skylights headquartered in Wells, has opened a manufacturing facility in Reno, Nev.

    May 29, 2013

  • Central Maine Healthcare to raze Lewiston church

    May 29, 2013

    Central Maine Healthcare has purchased the vacant St. Joseph's Church in Lewiston for $125,000. It plans to tear down the 156-year-old church, closed since October 2009, and turn it into a parking lot.

    May 29, 2013

  • Williamson sees potential for wind ahead

    James McCarthy May 27, 2013

    Paul Williamson, director of Maine Ocean & Wind Industry Initiative, remains bullish about wind power's potential in Maine. He acknowledges there are head winds, including the potential waning of political support in Augusta.

    James McCarthy May 27, 2013

  • Understand common real estate terminology

    Justin Lamontagne May 27, 2013

    The preamble to the Realtor Code of Ethics starts simply but powerfully with, “Under all is the land.” From there, real estate can get complicated and confusing. Here's a primer on some of the most commonly confused real estate terms:

    Justin Lamontagne May 27, 2013

  • Maine grocers squeezed by market newcomers

    Lori Valigra May 27, 2013

    When Massachusetts-based Market Basket opens its first store in Biddeford as early as this July, it is expected to stir an already murky stew of competition in Maine's grocery business.

    Lori Valigra May 27, 2013

  • Iberdrola to invest $3B in Maine over 7 years

    James McCarthy May 27, 2013

    A brand-new 345,000-volt autotransformer hummed in the background at Central Maine Power Co.'s unveiling of its new Lewiston substation.

    James McCarthy May 27, 2013

  • Home sales surge in April, up 13.7%

    May 23, 2013

    Single-family home sales for April far outpaced last year, surging 13.7% to 937 homes sold.That's up from 824 homes sold during April 2012, according to the latest numbers published by the Maine Real Estate Information System.

    May 23, 2013

  • MEREDA unveils real estate activity index

    May 23, 2013

    The Maine Real Estate & Development Association on Wednesday unveiled a new economic index to gauge real estate activity trends in the state.

    May 23, 2013

  • Proximity to Maine paper mills lures Mexican co.

    Darren Fishell May 21, 2013

    A Mexican chemical company is banking on sales to Maine's coated paper producers in its new partnership with the Searsport-based GAC Chemical.

    Darren Fishell May 21, 2013

  • N.Y. investor buys S. Portland apartments for $9.7M

    May 15, 2013

    A New York-based investor has purchased a 96-unit South Portland apartment complex from Summit Associates Inc. for $9.7 million.

    May 15, 2013

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Today's Poll

Does cruise ship season help your business?
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, 

More Information