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Real Estate & Construction

  • Maine’s home sales rise 9% in July

    August 24, 2012

    Sales of existing single-family homes in Maine rose 9% in July over a year ago, but the median sales price dipped by nearly 4%, according to a repo

    August 24, 2012
  • Auburn contractor lands $889K Opera House contract

    August 24, 2012

    H.E. Callahan Construction of Auburn has won the lead contract for the $1.1 million rehabilitation of the first floor of the historic Norway Opera House.

    August 24, 2012
  • Sprague plans new Portland boatyard

    August 24, 2012

    The president of Portland Yacht Services has shared with city officials his plans to transform a vacant 16-acre parcel on the west end of Commercial Street into a large-scale boatyard catering to pleasure and commercial boats.

    August 24, 2012
  • MDOT picks Pa. firm for Kittery bridge project

    August 23, 2012

    The Maine Department of Transportation has selected Figg Engineering of Harrisburg, Pa., to design the new Sarah Mildred Long Bridge, which will carry the U.S. Route 1 bypass over the Piscataqua River between Portsmouth, N.H., and Kittery.

    August 23, 2012
  • Navy OKs $450M Kittery repair job

    August 23, 2012

    The U.S. Navy has officially committed to repairing the USS Miami at Kittery-Portsmouth Naval Shipyard, a restoration expected to cost approximately $450 million.

    August 23, 2012
  • Portland considers tightening TIF agreements

    August 22, 2012

    Portland’s City Council will be taking a closer look at the city’s tax increment financing practices, with an eye toward capping at 50% the amount of tax revenue that could be returned to developers and shortening the time frame of the tax breaks

    August 22, 2012
  • Civic center kicks off $33M renovation

    August 22, 2012

    The Cumberland County Civic Center launched its $33 million renovation today with a public groundbreaking ceremony at the Portland event center’s Free Street entrance.

    August 22, 2012
  • Construction co. faces OSHA fines stemming from employee death

    August 20, 2012

    An Augusta construction company has been fined over $9,000 for violations related to the on-site death of an employee in May.

    August 20, 2012
  • Oxford planning to sell Robinson Mill

    August 20, 2012

    Oxford selectmen have authorized Town Manager Michael Chammings to negotiate the sale of a former woolen mill on Thompson Lake to developer Chuck Starbird, who has restored a mill in downtown Mechanic Falls.

    August 20, 2012
  • Historic preservation tax credit sparks development

    Douglas Rooks August 20, 2012

    By most accounts, the start of Maine's historic preservation tax credit program came at the best possible moment.

    Douglas Rooks August 20, 2012
  • Witham partners in new hotel

    August 15, 2012

    Hotelier David Witham is a partner in a proposed 100-room hotel planned for the site of the former Summit House nursing home in Bar Harbor, which has been vacant since May 2003.

    August 15, 2012
  • Phase II of Jordan's Meat project gets green light

    August 15, 2012

    Portland's Planning Board gave unanimous approval Tuesday night to the $18 million Phase II segment of Opechee Construction Corp.'s redevelopment of the former Jordan's Meats factory property.

    August 15, 2012
  • High-end real estate brokerage opens

    August 14, 2012

    A real estate brokerage that focuses on commercial and high-end residential properties has opened an office in Portland.

    August 14, 2012
  • Sales begin of former Navy housing

    August 13, 2012

    Developer George Schott, who bought the land beneath former Brunswick Naval Air Station housing for $3.35 million this May, is following throu

    August 13, 2012
  • Casella proposes $4M recycling plant in Lewiston

    August 8, 2012

    Vermont-based Casella Waste Systems Inc. has submitted plans to build a $4 million recycling facility at the Lewiston landfill on River Road.

    August 8, 2012
  • LURC appoints director; prepares for new role

    August 7, 2012

    The Maine Land Use Regulation Commission voted unanimously to appoint Nicholas Livesay of Brunswick as its director, according to a Maine Department of Conservation press release.

    August 7, 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.