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Real Estate & Construction

  • Portland condo market poised for upswing

    Matt Dodge February 18, 2013

    When real estate broker Gail Landry assesses the prospects for selling units in the Bay House, a 94-unit, apartment-and-condo complex under construction off Portland's India Street, she is particularly heartened by one nugget of demographic data.

    Matt Dodge February 18, 2013

  • Great Northern Paper Co. CEO reflects on 1st year turnaround

    February 18, 2013

    Last month, Great Northern Paper Co. CEO Richard Cyr turned over the day-to-day running of the East Millinocket mill to Ned Dwyer, a 26-year paper industry veteran who assumes the title of president.

    February 18, 2013

  • Home Depot to hire 450 seasonal workers

    February 7, 2013

    Home Depot Inc. plans to hire 450 seasonal workers in Maine for the upcoming spring.

    February 7, 2013

  • Oxford Casino gets embattled DEP permit

    February 7, 2013

    Continued construction at Oxford Casino received state clearance to move ahead after the state's Department of Environmental Protection reissued the casino a construction permit invalidated in 2011 by a Kennebec County Superior Court ruling.

    February 7, 2013

  • BDN finds buyer for downtown headquarters

    February 6, 2013

    The Bangor Publishing Co., owner of the Bangor Daily News, has reached a sale agreement on its downtown headquarters with a subsidiary of hotelier Ocean Properties Ltd.

    February 6, 2013

  • Darling's inks Bangor naming rights deal

    February 5, 2013

    Bangor-based Darling's auto dealership has purchased the naming rights for the city's new waterfront concert venue for an undisclosed price.

    February 5, 2013

  • Consigli's financing help secures Trinity College deal

    James McCarthy February 4, 2013

    Matthew Tonello, area manager of Consigli Construction Co.

    James McCarthy February 4, 2013

  • MEREDA conference spotlights movement

    In Short Project Manager February 4, 2013

    Residential Retail IndustrialThere aren't many brilliant sectors illuminating Maine's real estate market, but many of the presenters at the 2013 Maine Real Estate and Development Association forecasting conference saw glimmers of hope as

    In Short Project Manager February 4, 2013

  • A collaborative construction process produces the new MaineGeneral

    Matt Dodge February 4, 2013

    When Augusta's new MaineGeneral hospital opens in the fall of 2013, the $312 million project will showcase not only the latest medical diagnostic and treatment services, but also a new trend in construction management expected to benefit the hospi

    Matt Dodge February 4, 2013

  • Pike scores I-95 exit project with $9.58M bid

    February 1, 2013

    Pike Industries has won a multi-million project to revamp Interstate 95's exit 113 in Augusta.

    February 1, 2013

  • Mölnlyke begins hiring in Brunswick

    February 1, 2013

    Mölnlyke Health Care, which manufactures health care products, has begun the first phase of hiring at its new facility under construction at Brunswick Landing.

    February 1, 2013

  • New index captures real estate trends

    January 25, 2013

    A new metric for gauging Maine's real estate market shows some modestly encouraging news.

    January 25, 2013

  • Home sales up 17% for 2012

    January 24, 2013

    December home sales in Maine came in 11.8% higher than the previous year, making a total 17% increase in home sales from last year to 2012.

    January 24, 2013

  • Portland OKs 2 new hotels, adding 230 rooms

    January 23, 2013

    The Portland Planning Board has approved construction of two hotels that would add over 230 rooms and two restaurants to the city's downtown, totaling $22.5 million in new investments.

    January 23, 2013

  • Wind backers hail credit extension

    Darren Fishell January 21, 2013

    Wind power developers and industry regulators in Maine expect a busy year following the extension of federal tax credits for wind projects.

    Darren Fishell January 21, 2013

  • Sussman stalls Portland condo project

    January 18, 2013

    S. Donald Sussman's 24-condo project in Portland's India Street neighborhood is on hold indefinitely.

    January 18, 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.

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