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Real Estate & Construction

  • MEREDA conference highlights real estate growth

    January 27, 2012

    More than 650 people turned out for the Maine Real Estate & Development Association's annual forecast conference, where presenters in general highlighted improvements over 2010 and expressed cautious optimism for 2012.

    January 27, 2012

  • Home sales rise 4% in December

    January 23, 2012

    Home sales in Maine ended the year with a more than 4% bump over 2010, according to the Maine Real Estate Information System Inc.

    January 23, 2012

  • Building permits and commercial transactions

    January 23, 2012

    Building permits Augusta (November 2011)$9,988,500, 51 Commerce Drive, Central Maine Commerce Center Inc., building construction, contractor: N/A

    January 23, 2012

  • Pike Industries, Falmouth construction co. fined

    January 18, 2012

    Two Portland-area companies are facing fines. Pike industries has been fined $4,500 by the city of Westbrook for two quarry blasts that violated an agreement, while Falmouth-based Benjamin Construction Inc. has been fined $4,200 by the U.S.

    January 18, 2012

  • Witham buys four more hotels

    January 18, 2012

    Hotelier David Witham has added another Down East property to his holdings, and also purchased hotels in southern Maine and New Hampshire.

    January 18, 2012

  • Maine Supreme Court mulls Plum Creek approval

    January 11, 2012

    The Maine Supreme Judicial Court on Tuesday heard arguments in an appeal of the state's approval of Plum Creek Timber Co.'s massive development in the Moosehead region, but a decision is likely months away.

    January 11, 2012

  • Shipyard housing owner faces EPA fines

    January 11, 2012

    Housing providers for the Portsmouth Naval Shipyard in Kittery and a Navy base in Connecticut face more than $150,000 in fines from the U.S. Environmental Protection Agency for failing to tell families about possible lead-based paint hazards.

    January 11, 2012

  • Brunswick Station developer, Barber president buy Portland warehouse

    January 10, 2012

    A Massachusetts-based developer and a Barber sibling have purchased a warehouse at 56 Milliken St.

    January 10, 2012

  • New uses considered for the Thayer and Seton units of MaineGeneral

    Bob Mentzinger January 9, 2012

    A steady convoy of dump trucks moving earth and pile drivers sinking steel dominate the work site of MaineGeneral's new $322 million, 192-bed regional hospital in north Augusta.

    Bob Mentzinger January 9, 2012

  • Economics theme of MEREDA event

    January 9, 2012

    Republican Gov. Paul LePage will deliver the welcoming address at the Maine Real Estate & Development Association's annual real estate conference on Thursday, Jan. 26, at the Holiday Inn by the Bay.

    January 9, 2012

  • Building permits and commercial transactions

    January 9, 2012

    Building permits South Portland (Oct. and Nov.) $1,319,000, 50 Cottage Road, Hannaford interior renovations, contractor: N/A

    January 9, 2012

  • Portland's Bay House condo project scrapped for new use

    January 6, 2012

    A proposed mixed-used residential condominium development on Portland's eastern waterfront will instead become a 100-unit apartment complex — a change driven by the lending market.

    January 6, 2012

  • Funds boost land preservation projects

    January 4, 2012

    Tom Chappell, the namesake behind natural products company Tom's of Maine, and his wife, Kate, have donated agricultural easements protecting 154 acres in Kennebunk to the Maine Farmland Trust.

    January 4, 2012

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    December 31, 2011

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    December 31, 2011

  • Report: Bar Harbor should renovate cruise ship berth

    December 30, 2011

    A new study recommends that Bar Harbor fix up its unused and deteriorating ferry terminal for $16.7 million to allow cruise ships to anchor closer to shore, claiming the renovations will help ensure the terminal's and waterfront's financial viabil

    December 30, 2011

  • Developer buys 1,500 acres

    December 29, 2011

    More than 1,000 acres of land formerly owned by the U.S. Air Force has been purchased by a Massachusetts-based developer.

    December 29, 2011

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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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