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Real Estate & Construction

  • June home sales drop 21%

    The Mainebiz News Staff July 21, 2011

    Sales of homes in Maine dropped more than 20% last month, according to new data from the Maine Real Estate Information System Inc.

    The Mainebiz News Staff July 21, 2011

  • HUD gives state $6M for housing work

    The Mainebiz News Staff July 12, 2011

    Maine is receiving nearly $6 million in federal funds to renovate public housing around the state.

    The Mainebiz News Staff July 12, 2011

  • AG voids sale of state land to warden

    The Mainebiz News Staff July 11, 2011

    The state's attorney general has voided the sale of a state-owned parcel in Thomaston to the Maine State Prison warden, calling the transaction illegal.

    The Mainebiz News Staff July 11, 2011

  • Developer, architects plan plaza upgrade

    July 4, 2011

    Architect Patrick Costin calls the courtyard under his eighth-floor office in One Canal Plaza a failed plaza.

    July 4, 2011

  • Westbrook fines Pike $3K for blasting

    The Mainebiz News Staff June 28, 2011

    Pike Industries is facing a $3,000 fine for blasting at its quarry in Westbrook that violated a consent agreement it reached with the city and neighboring businesses.

    The Mainebiz News Staff June 28, 2011

  • Architect's design for Grace wins award

    The Mainebiz News Staff June 27, 2011

    Dean Bingham, the Portland architect and chocolatier who designed Grace restaurant, a former brick-and-brownstone Gothic Revival church turned fashionable eatery on Chestnut Street, has won a national award for the restaurant's design.

    The Mainebiz News Staff June 27, 2011

  • Athenahealth buys former MBNA retreat

    The Mainebiz News Staff June 26, 2011

    Health care services company athenahealth has bought Point Lookout retreat in Northport for nearly $8 million.

    The Mainebiz News Staff June 26, 2011

  • Foreclosures rise in Q1

    The Mainebiz News Staff June 26, 2011

    The number of Maine homes in foreclosure rose during the first quarter of the year, though delinquency rates for first mortgages improved, according to the Bureau of Financial Institutions.

    The Mainebiz News Staff June 26, 2011

  • Panel OKs extending preservation tax credits

    The Mainebiz News Staff June 23, 2011

    The state's appropriations committee has approved extending the Historic Preservation Tax Credit by 10 years, which supporters say will help create jobs and economic growth in the state.

    The Mainebiz News Staff June 23, 2011

  • May home sales slip 28%

    The Mainebiz News Staff June 21, 2011

    Maine home sales fell nearly 30% in May, dropping for the fourth month in a row.

    The Mainebiz News Staff June 21, 2011

  • Cianbro picked to build $65M Bangor arena

    Mainebiz News Staff June 16, 2011

    Bangor's city council has tapped Cianbro Corp. to build the new Bangor arena and convention center in Bass Park, an estimated $65 million project.

    Mainebiz News Staff June 16, 2011

  • Uniform Building Code challenged

    Mainebiz News Staff June 14, 2011

    A measure has just passed the House that would exempt small municipalities from the state's new Uniform Building and Energy Code.

    Mainebiz News Staff June 14, 2011

  • Co-working space taps into a rising trend

    June 13, 2011

    Portland freelancers no longer have to slave away alone in their pajamas in cramped apartments.

    June 13, 2011

  • Roofing contractor facing hefty fines

    Mainebiz Editorial Staff June 12, 2011

    A Lewiston roofing contractor is facing $243,000 in fines from the Occupational Safety and Health Administration for alleged violations.

    Mainebiz Editorial Staff June 12, 2011

  • Lewiston developer Soule faces charges

    The Mainebiz News Staff June 8, 2011

    Lewiston developer Travis Soule has been charged with fraud and embezzlement for misusing federal housing funds.

    The Mainebiz News Staff June 8, 2011

  • City OKs $2.3M Bayside property sale to Federated Cos.

    June 6, 2011

    Portland's city councilors unanimously approved the nearly $2.3 million sale of 3.25 acres in the Bayside neighborhood to The Federated Cos.

    June 6, 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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