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Real Estate & Construction

  • 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
  • Bridge subcontractor's tugboat sinks

    October 25, 2012

    U.S. Coast Guard crews will attempt today to retrieve a tugboat that sank in the Piscataqua River Wednesday.

    October 25, 2012
  • Builder pitches $17.5M Portland waterfront hotel

    October 24, 2012

    Developer J.B.

    October 24, 2012
  • Home sales up 8%, median sale price rises

    October 22, 2012

    Home sales are up from this time last year, according to statewide figures from the Maine Association of Realtors.

    October 22, 2012
  • Energy Watch: New suppliers, new technologies enter Maine market

    Matt Dodge October 15, 2012

    Maine's energy sector continues to grow and evolve as new suppliers and technologies enter the market. Here's what's going on:

    Matt Dodge October 15, 2012
  • Fervor for naming rights grows as building operators look for revenue streams

    Douglas Rooks October 15, 2012

    Over the past generation, naming rights for sports arenas has been a popular tool for stadium owners and corporations alike.

    Douglas Rooks October 15, 2012
  • $18M Old Port project stalled

    October 10, 2012

    Delays around landing a large commercial tenant will likely hold up an $18 million Old Port development until next year.

    October 10, 2012
  • Jackson Lab to close on Ellsworth Lowe's

    October 10, 2012

    The Jackson Laboratory is under contract to buy a 140,000-square-foot former Lowe's building in Ellsworth, where the nonprofit plans to locate warehousing, administration and mouse production.

    October 10, 2012
  • $6.5M hotel deal in works for Fairfield

    October 10, 2012

    The Kennebec Valley Community Action Program is hoping to take over the historic Gerald Hotel in Fairfield in a $6.5-million deal at the end of this month.

    October 10, 2012
  • 3 Standard Electric stores to shut doors

    October 9, 2012

    Wesco International, a worldwide electrical parts wholesaler, will close three of its five Standard Electric stores in Maine by the end of the month, citing a slowdown in the residential real estate market for the closures.

    October 9, 2012
  • Scarborough firm gets Allagash expansion contract

    Darren Fishell October 8, 2012

    Scarborough-based Landry/French Construction has won its second contract with Allagash Brewing this year to complete an expansion of multiple parts of the Portland brewing operation.

    Darren Fishell October 8, 2012
  • HUD wants $195K for Section 8 snafu

    October 2, 2012

    The federal government is asking the Maine State Housing Authority to return nearly $200,000 in federal housing assistance payments that it says were used on ineligible housing units.

    October 2, 2012
  • Livermore Falls project gets nearly $1M tax credit

    October 1, 2012

    Wiscasset-based CEI Capital Management announced that in its latest round of federal tax credit allocations, $960,000 of a total $63 million awarded is staying in Maine.

    October 1, 2012
  • Highest bidder takes on lobster plant with troubled history

    James McCarthy October 1, 2012

    The Live Lobster Co. processing plant in Prospect Harbor, shuttered since early spring, is now owned by Garbo Lobster, a Connecticut-based lobster distribution firm.

    James McCarthy October 1, 2012
  • Biocoal project clears last regulatory hurdle

    September 28, 2012

    The region's first torrefied wood facility cleared its last regulatory hurdle this week, paving the way for construction to begin on the $48 million Millinocket facility.

    September 28, 2012
  • 7 Portland landmarks listed in 'peril'

    September 25, 2012

    Seven of Portland's oldest landmarks are in peril and without any classification or legal protection to prevent new buyers from altering them, according to a list from Greater Portland Landmarks that made its debut this month.

    September 25, 2012

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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.