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Real Estate & Construction

  • Portland properties on auction block

    The Mainebiz News Staff June 6, 2011

    Two prominent parcels in Portland's Old Port are scheduled to be auctioned off this month as part of foreclosure proceedings.

    The Mainebiz News Staff June 6, 2011

  • Health agency eyes new Augusta home

    The Mainebiz News Staff June 2, 2011

    Augusta-based Crisis & Counseling, which earlier this year backed out of a deal to buy the Kennebec Journal's former headquarters, may finally be relocating.

    The Mainebiz News Staff June 2, 2011

  • Former Oxford Homes property sold

    The Mainebiz News Staff June 1, 2011

    A stone products company has bought the former Oxford Homes plant and plans to add about 15 jobs.

    The Mainebiz News Staff June 1, 2011

  • Architects urge developers to consider rising sea levels

    May 30, 2011

    A three-and-a-half-foot rise in the sea level here would, if propelled by a storm surge, swamp large portions of Commercial Street and the Marginal Way-Bayside area, a prominent focus of recent redevelopment efforts.

    May 30, 2011

  • Developer plans OOB cottage resort

    The Mainebiz News Staff May 30, 2011

    A Massachusetts developer is planning to build a three-season cottage resort in Old Orchard Beach, a $6 million project.

    The Mainebiz News Staff May 30, 2011

  • Firm eyes land in Portland's Bayside

    The Mainebiz News Staff May 25, 2011

    The buyer of a struggling student housing complex in Portland is looking to buy a nearby parcel of land for $2 million and build a mixed-use development.

    The Mainebiz News Staff May 25, 2011

  • Investor to buy Westbrook's Dana Warp Mill

    The Mainebiz News Staff May 24, 2011

    The Dana Warp Mill in Westbrook, which is currently under receivership after its owner defaulted on the mortgage, is changing hands.

    The Mainebiz News Staff May 24, 2011

  • Cianbro, Sargent to lead casino construction

    The Mainebiz News Staff May 22, 2011

    Black Bear Realty, the developer behind the Oxford County casino, has tapped two Maine companies to lead construction of the $164 million project.

    The Mainebiz News Staff May 22, 2011

  • April home sales slide 24%

    The Mainebiz News Staff May 19, 2011

    Home sales continued their two-month decline in April, falling 24% compared with the same month last year.

    The Mainebiz News Staff May 19, 2011

  • Maietta Construction emerges from Ch. 11

    The Mainebiz News Staff May 19, 2011

    Scarborough-based Maietta Construction has emerged from Chapter 11 bankruptcy nearly 10 months after it filed.

    The Mainebiz News Staff May 19, 2011

  • Real estate, trade conferences look to the future

    The Mainebiz News Staff May 16, 2011

    The future is the theme for two major conferences happening in Greater Portland this week.

    The Mainebiz News Staff May 16, 2011

  • Biding its time | Plum Creek takes a wait-and-see attitude as the lastest challenge to Moosehead development unfolds

    Carol Coultas May 16, 2011

    Despite declining corporate revenues and a chilly environment for real estate investments, Plum Creek intends to stay the course through the latest legal challenge to its resort development near Moosehead Lake.

    Carol Coultas May 16, 2011

  • Survey: Mortgage delinquencies up

    The Mainebiz News Staff May 15, 2011

    Maine mortgage delinquencies increased in the first quarter of 2011, according to a national survey from credit information firm TransUnion.

    The Mainebiz News Staff May 15, 2011

  • KBS to reopen mod home plant

    The Mainebiz News Staff May 6, 2011

    Modular home manufacturer KBS Building Systems plans to reopen its Waterford plant on May 16, putting 45 people back to work.

    The Mainebiz News Staff May 6, 2011

  • Bangor approves $65M arena

    The Mainebiz News Staff May 5, 2011

    Residents in Bangor yesterday voted 3-to-1 to build a new $65 million arena and convention center in the Queen City.

    The Mainebiz News Staff May 5, 2011

  • Former Harriman head opens new architecture firm

    May 3, 2011

    This winter, architect Patrick Costin left his prestigious position as board chair of Harriman Architects + Engineers, a 141-year-old firm with offices in Portland and Auburn, to start a much smaller company and focus on what he says are his two p

    May 3, 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.

More Information