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Real Estate & Construction

  • Recreation corridors touted for Maine

    December 28, 2011

    The National Park Service is exploring the creation of recreation corridors in the Northeast that would expand multi-use trails and canoe trails to lure tourists and benefit residents.

    December 28, 2011
  • Building permits and real estate transactions

    December 26, 2011

    Building permits Auburn (November)$46,840, 33 Center St., Goldworks, exterior renovations, contractor: N/A

    December 26, 2011
  • Northern rail work about 25% complete

    December 23, 2011

    The state has finished about 25% of $10.5 million in repairs on 233 miles of railroad lines in northern Maine, and will resume work next year.

    December 23, 2011
  • Home sales rise 10% in November

    December 22, 2011

    Home sales last month jumped nearly 10% over the previous year, while the median sales price stayed relatively flat.

    December 22, 2011
  • Ex-concrete co. owner settles lawsuit with DOL

    December 21, 2011

    The former head of now-defunct Gagne Precast Concrete Products in Veazie has agreed to pay $300,000 to settle a lawsuit with the U.S. Department of Labor.

    December 21, 2011
  • Log home co. nets China deal

    December 20, 2011

    Oakfield-based Katahdin Cedar Log Homes has signed a deal with Chinese resort developers to build a 10,000-square-foot lodge and single-family homes in Chengdu, China. The deal means a 30% jump in the company's revenues for next year.

    December 20, 2011
  • Waterfront, road opportunities bring engineering firm to Portland

    Matt Dodge December 19, 2011

    A Massachusetts-based engineering firm specializing in municipal infrastructure and marine projects opened a Portland office in early December, tapping a former Maine Department of Transportation veteran to head the four-person staff at 75 Washing

    Matt Dodge December 19, 2011
  • Husson looking to expand in Portland

    December 19, 2011

    Husson University has a purchase-and-sale agreement to buy the Elks Lodge on Congress Street in Portland for more than $2 million.

    December 19, 2011
  • Developer buys Quimby's Portland building

    December 13, 2011

    Roxanne Quimby has sold a Portland building she originally planned to convert into an artist residency program to a Freeport developer.

    December 13, 2011
  • Building permits and commercial transactions

    December 12, 2011

    Building permits Augusta (October)$40,000, 7 Gannett St., Scott Lyon, interior renovations, contractor: N/A

    December 12, 2011
  • Panel finalizes LURC reform report

    December 2, 2011

    A task force charged with recommending ways to reform the Land Use Regulation Commission has reached a compromise that would give county governments more say on development in the state's unorganized territories. The plan as approved by the 12 commi

    December 2, 2011
  • Building permits and transactions

    November 28, 2011

    Building permits Auburn (October)$279,000, 50 Merrow Road, Fifty Merrow Road LLC, building construction, contractor: Building Solutions

    November 28, 2011
  • Sasa Cook brings vision, repairs and tenants to the Dana Warp Mill in Westbrook

    November 28, 2011

    As Sasa Cook wends his way through the Dana Warp Mill in Westbrook, he points out the improvements he's made since buying the property five months ago: energy-efficient lighting triggered by sensors; a new smokestack; a covered entryway; roof repa

    November 28, 2011
  • Building permits and transactions

    November 14, 2011

    Building permits Augusta (August and September)$202 million, 35 and 122 Medical Center Park, MaineGeneral Medical Center, building construction, contractor: N/A

    November 14, 2011
  • Unconventional financing can make real estate deals happen in a challenging market

    Justin Lamontagne November 14, 2011

    With the holidays fast approaching, I am preparing for my annual family get-togethers like everyone else.

    Justin Lamontagne November 14, 2011
  • DOTs officially award bridge contract

    The Mainebiz News Staff November 3, 2011

    Maine and New Hampshire transportation officials have officially awarded the contract to replace the Memorial Bridge to Chicago-based Archer Western Corp. and Kansas City-based HNTB Corp., which has an office in Westbrook.

    The Mainebiz News Staff November 3, 2011

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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.