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Real Estate & Construction

  • Woolwich contractor lands $13.2M Navy pact

    November 15, 2012

    The Navy has awarded Woolwich-based construction firm Reed & Reed a $13.2 million contract for structural work on berths at the Portsmouth Naval Shipyard in Kittery.

    November 15, 2012

  • Expansion of Auburn industrial park gets OK

    November 15, 2012

    Auburn officials announced Wednesday that phase two of construction at the Auburn Industrial Park has received final approval from the Army Corps of Engineers and will begin in the spring.

    November 15, 2012

  • New coastal homes boost regional building numbers

    November 12, 2012

    New home construction in southern Maine hit a five-year high this year, but data shows the growth is limited mostly to coastal areas of York County.

    November 12, 2012

  • Auburn expansion keeps Tambrands at forefront of feminine care

    Matt Dodge November 12, 2012

    While Auburn's manufacturing sector has historically taken a backseat to its mill-rich neighbor across the Androscoggin, the city has its share of lesser-known industrial accolades.

    Matt Dodge November 12, 2012

  • New incentives target multi-family building improvements

    Darren Fishell November 12, 2012

    A state incentive program launched in August is enticing owners of mid-size multi-family buildings to reduce their energy costs by at least 20%.

    Darren Fishell November 12, 2012

  • EMMC moves ahead on $250M expansion

    November 8, 2012

    Eastern Maine Medical Center plans to make its largest expansion ever after the hospital's parent organization approved a $250 million construction project to build a seven-story tower at the Bangor campus.

    November 8, 2012

  • Bates Mill opens 48 downtown Lewiston apartments

    November 5, 2012

    A 48-apartment redevelopment at Lewiston's Bates Mill had its first four tenants scheduled to move in today.

    November 5, 2012

  • $37M in construction at Colby College

    November 5, 2012

    Around $37 million in construction projects are under way at Colby College, providing work for three Maine contractors.

    November 5, 2012

  • Casella to close MERC by year's end

    November 2, 2012

    Casella Waste Systems Inc. will close a Biddeford incinerator by the end of the year, moving ahead on a deal to sell the facility to the city for $6.65 million.

    November 2, 2012

  • $65M Bangor arena names GM

    November 1, 2012

    Global Spectrum, which operates the $65 million Cross Insurance Center now under construction, has hired Mike Dyer as the first general manager of the 8,000-seat Bangor arena set to open in fall 2013.

    November 1, 2012

  • Funding approved for Portland-area transportation work

    October 30, 2012

    A regional transportation network has approved 44 projects in the greater Portland area, allocating $13.6 million across projects in 15 municipalities.

    October 30, 2012

  • A commercial real estate comeback for Portland?

    Matt Dodge October 29, 2012

    A survey of the greater Portland office market shows signs of a rebound after five years of declining vacancy and lease rates, but some brokers are still skeptical that the market has achieved meaningful growth.

    Matt Dodge October 29, 2012

  • How a lease agreement can make or break your business

    Justin Lamontagne Broker, Nai The Dunham Group October 29, 2012

    I was recently listening to a podcast interview with a blogger who specializes in social media. She stressed the importance of sometimes writing for a mass audience as opposed your professional inner-circle.

    Justin Lamontagne Broker, Nai The Dunham Group October 29, 2012

  • Wyman & Simpson embraces composite tech in niche markets

    Matt Dodge October 29, 2012

    Founded in 1924 by a pair of highway engineers, Richmond-based engineering and construction firm Wyman & Simpson has long specialized in bridge and road construction, adapting new techniques and technology in an effort to invert that classic D

    Matt Dodge October 29, 2012

  • Maine developers lead the effort to reuse shuttered schools

    James McCarthy October 29, 2012

    The 40-year history of Avesta Housing's efforts to create affordable housing in southern Maine is neatly laid out in several rows of framed photographs hanging in the front lobby of the nonprofit's headquarters in Portland.

    James McCarthy October 29, 2012

  • New Associated General Contractors of Maine CEO lays out plan to revive the industry

    Douglas Rooks October 29, 2012

    At its peak in 2006, Maine's construction industry had 32,000 jobs. Since the 2008 financial crash, the industry has lost 10,000 jobs, and has yet to show much sign of recovery.

    Douglas Rooks October 29, 2012

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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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