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Real Estate & Construction

  • Ocean Properties buys Bar Harbor apartments

    June 19, 2012

    Portsmouth, N.H.-based hotel firm Ocean Properties has purchased a Bar Harbor subsidized housing complex to use as employee housing, and has asked current tenants to relocate. Ocean Properties owns several hotels in Bar Harbor.

    June 19, 2012

  • Great Works dam deconstruction begins

    June 12, 2012

    Work began yesterday to remove the Great Works dam on the Penobscot River, a year and a half after the Penobscot River Restoration Trust bought the dam and two others for $24 million.

    June 12, 2012

  • Lewiston paving company closes

    June 12, 2012

    Lewiston-based R.C. & Sons Paving shut its doors Friday after 36 years in business. A total of 40 people lost their jobs.

    June 12, 2012

  • Delay in asbestos removal draws DEP ire

    June 11, 2012

    The state is preparing to levy fines on two private companies after they failed to complete asbestos removal work on the Forster Manufacturing mill.

    June 11, 2012

  • Forest management firm acquires flooring co.

    June 6, 2012

    Bangor-based Seven Islands Land Co., a forest management company, has acquired MooseWood premium hardwood flooring from Ashland-based Kelly Lumber Sales Inc.

    June 6, 2012

  • Portland planners OK Thompson's Point project

    June 6, 2012

    A plan to build a $105 million event center on Thompson's Point in Portland last night received unanimous approval from the city's planning board.

    June 6, 2012

  • Judge rules in Scarcelli's favor in family feud

    June 1, 2012

    A U.S. District Court Judge has ruled in favor of former gubernatorial candidate and Portland-based Stanford Property Management CEO Rosa Scarcelli in a legal battle with her mother.

    June 1, 2012

  • OPEGA: No fraudulent spending at MaineHousing

    May 29, 2012

    According to a report released Friday, recent spending by MaineHousing shows no signs of fraud. The Office of Program Evaluation and Government Accountability, however, did find some expenses that "might be questioned as unnecessary."

    May 29, 2012

  • An open attitude between developers and municipal officials generally leads to satisfactory results

    Justin Lamontagne May 28, 2012

    “They are impossible to deal with.” It has been said about every town and city hall in Maine. Yet, commercial real estate projects and economic development continues to advance throughout our great state. So what gives?

    Justin Lamontagne May 28, 2012

  • First-time buyers drive up home sales, prices

    May 23, 2012

    Home sales in April were up nearly 9% over last year, marking the ninth consecutive month of increasing sales in Maine. A total of 824 existing single-family homes were sold last month, up 8.7% from April 2011.

    May 23, 2012

  • Search for marine tenant at Merrill's Wharf continues

    Matt Dodge May 22, 2012

    It hasn't been difficult finding tenants eager to revitalize one of the city's oldest and most unique spaces, according to Drew Sigfridson with CBRE|The Boulos Co. Finding the right tenants, however, has proved the challenge.

    Matt Dodge May 22, 2012

  • Electrical workers' union sues over embezzlement

    May 16, 2012

    A Fairfield-based electrical workers' union has filed a lawsuit claiming a former administrator embezzled more than $260,000 from the union's trust fund to cover up another theft made from an Augusta union.

    May 16, 2012

  • Family-owned businesses nab kudos

    May 15, 2012

    Six family-owned businesses received awards last night at the Institute for Family Owned Business' 13th annual awards dinner in South Portland. Among those honored were car dealer Morong Falmouth, chocolatier Dean's Sweets of Portland and D.

    May 15, 2012

  • List lauds Cianbro, Woodard & Curran

    May 15, 2012

    Two Maine companies have been named to a list of the best 100 building-related firms in the country based on their 2011 revenues. Pittsfield-based Cianbro Corp. ranked No.

    May 15, 2012

  • Creating the post-auto city

    May 14, 2012

    With gas prices hovering around $4 a gallon and home foreclosures continuing with no end in sight, more and more people are ditching the suburbs and moving to the city.

    May 14, 2012

  • Low-income housing inspection finds deficiencies

    May 9, 2012

    Per a request by U.S. Sen. Susan Collins, the federal government performed an inspection of 32 low-income housing units in southern Maine, and found that the majority of them did not meet quality guidelines.

    May 9, 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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