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Real Estate & Construction

  • Developer Soule given prison time for fraud

    April 6, 2012

    A former Lewiston developer will spend 14 months in prison for fraud and embezzlement of federal housing funds. Travis Soule misappropriated nearly $200,000 in federal housing funds between June 2007 and May 2008.

    April 6, 2012
  • Tony's Donuts to open in South Portland

    April 2, 2012

    Popular Portland staple Tony's Donuts is planning to open a second location across the bridge in South Portland this fall.

    April 2, 2012
  • Best Western to be built at Auburn's Kittyhawk Park

    Bob Mentzinger April 2, 2012

    A Best Western hotel and restaurant will rise along the Maine Turnpike in Auburn this spring. The hotel development is part of an eight-lot, 35-acre development at the Kittyhawk Business Park.

    Bob Mentzinger April 2, 2012
  • Building permits and commercial transactions

    April 2, 2012

    Building permits Auburn (February)$250,000, 277 Main St., city of Auburn, building demolition, contractor: St. Laurent & Son Inc.

    April 2, 2012
  • Home sales up 29% in February

    March 22, 2012

    Home sales rose 29% in Maine last month, though the median sales price dipped 6%. This winter’s mild weather helped boost sales, according to the Maine Association of Realtors.

    March 22, 2012
  • Second contract awarded for Kittery shipyard work

    March 20, 2012

    The U.S. Navy has issued another $38 million contract for modernization work at the Portsmouth Naval Shipyard in Kittery. The news comes on the heels of a similar award for energy and structural repairs.

    March 20, 2012
  • Building supply sales jump in January

    March 19, 2012

    Retail sales were up 4.4% in January, thanks to strong growth in building supply sales. Total taxable retail sales in January were $1.05 billion, according to the Maine State Planning Office.

    March 19, 2012
  • Building permits and commerical real estate transactions

    March 19, 2012

    Building permits South Portland (January)$166,000, 175 Running Hill Road, Aetna, interior renovations, contractor: Landry/French Construction Co.

    March 19, 2012
  • Scrutiny increases around PCBs

    Matt Dodge March 19, 2012

    As federal regulation of hazardous building materials steadily increases, an old nemesis is creeping back into the spotlight and changing the way some Maine construction firms, architects, building owners and municipalities approach renovation pla

    Matt Dodge March 19, 2012
  • International Trade Center recognizes global efforts

    March 16, 2012

    The Maine International Trade Center has announced the winners of its 2011 International Trade and Investment Awards. Casco-based Hancock Lumber was named Exporter of the Year.

    March 16, 2012
  • Attorney General sues two home contractors

    March 13, 2012

    Maine Attorney General William Schneider has filed lawsuits against two home repair contractors for taking money from consumers and failing to deliver services as promised.

    March 13, 2012
  • Federated Cos. sells Bayside Village housing complex

    March 12, 2012

    Miami-based The Federated Cos. has sold Bayside Village for $18.2 million, less than two years after scooping up the struggling Portland student housing complex.

    March 12, 2012
  • Scarcelli's family files countersuit

    March 7, 2012

    Two weeks after Rosa Scarcelli sued her mother and stepfather for allegedly mismanaging housing projects, they have filed a countersuit alleging Scarcelli improperly used money from her company, Stanford Property Management, to finance her 2010 ru

    March 7, 2012
  • Building permits and commercial transactions

    March 5, 2012

    Building permits Augusta (January 2012)$300,000, 670 Civic Center Drive, WK Enterprises, building construction, contractor: N/A

    March 5, 2012
  • MTA sells former headquarters for $575,000

    March 2, 2012

    The former Portland headquarters of the Maine Turnpike Authority has been sold to an electrical engineering consulting firm.

    March 2, 2012
  • Home sales rise 2%, but prices drop

    February 24, 2012

    Home sales ticked up 2% in January over the same month last year, while the median price slid by nearly the same amount.

    February 24, 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.