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Real Estate & Construction

  • Island condo hotel project stalled in court

    The Mainebiz News Staff May 3, 2011

    The islanders who have been fighting a proposed condo-hotel development on Great Diamond Island have won a victory in court to halt the project.

    The Mainebiz News Staff May 3, 2011
  • Nailing it | A reputation for innovation and ethics lands Ken Porter's drywall company a milestone project

    Whit Richardson May 2, 2011

    In the middle of a recession, it’s all too easy for a business owner to buckle down, shrink from thoughts of expansion, investment or innovation, and hope that a single-minded focus on core products and services will allow the business to survive

    Whit Richardson May 2, 2011
  • Let's make a deal | Major commercial transactions in Q1 reflect a mix of the safe and the speculative

    Justin Lamontagne May 2, 2011

    “You sellin’? You buyin’?” Any New England sports fan knows those guys outside of Fenway Park and the Boston Garden: the guys hawking extra Sox and Celtics tickets like their next meal depends on it.

    Justin Lamontagne May 2, 2011
  • Home sales fall 21% in March

    The Mainebiz News Staff April 22, 2011

    Home sales fell 21% in March compared to the same month last year, and the median sales price also dropped 3%.

    The Mainebiz News Staff April 22, 2011
  • New home in Bayside revives Community Counseling

    April 19, 2011

    Three years ago Portland's largest mental health agency was on the verge of financial collapse, strained by the economic crash and shrinking funding sources.

    April 19, 2011
  • AG, Plum Creek appeal court decision

    The Mainebiz News Staff April 19, 2011

    The state's attorney general and developer Plum Creek Timber Co. are appealing a Maine Supreme Judicial Court ruling that overturned state approval of Plum Creek's massive planned development in the Moosehead Lake region.

    The Mainebiz News Staff April 19, 2011
  • BNAS reuse takes shape: Tenants, operators start to fill former Navy base

    Carol Coultas April 18, 2011

    Next month, the Brunswick Naval Air Station will have its formal “disestablishment ceremony,” marking the end of military use of the 3,000-acre complex.

    Carol Coultas April 18, 2011
  • Reducing barriers | SBA's Karen Mills leads a listening tour in support of entrepreneurship

    Michael Gurau April 18, 2011

    I was invited last week to Boston to participate in the Startup America Partnership’s Reducing Barriers roundtable led by Karen Mills, head of the U.S. Small Business Administration. As I pointed out in my Feb.

    Michael Gurau April 18, 2011
  • Court voids Plum Creek approval

    The Mainebiz News Staff April 8, 2011

    The Maine Superior Court has overruled the state's September 2009 approval of Plum Creek Timber Co.'s massive development in the Moosehead Lake region.

    The Mainebiz News Staff April 8, 2011
  • Maine foreclosures rise in Q4

    The Mainebiz News Staff April 7, 2011

    After three months of decline, home foreclosures in Maine increased in the last quarter of 2010, according to new data from the Maine Bureau of Financial Institutions.

    The Mainebiz News Staff April 7, 2011
  • Ex-BNAS housing to be leased

    The Mainebiz News Staff March 31, 2011

    Developer George Schott, owner of 702 former Brunswick Naval Air Station housing units, plans to lease them to Navy personnel working with Bath Iron Works.

    The Mainebiz News Staff March 31, 2011
  • $60M pipeline project planned for Portland

    The Mainebiz News Staff March 29, 2011

    A $60 million project to upgrade or replace more than 100 miles of natural gas pipeline in greater Portland is slated to begin next month.

    The Mainebiz News Staff March 29, 2011
  • Otis Mill rehab work moving forward

    The Mainebiz News Staff March 25, 2011

    Work to redevelop the former Wausau Paper Otis Mill in Jay is advancing, as the last pieces of its paper machine are sent overseas.

    The Mainebiz News Staff March 25, 2011
  • Home sales drop in February

    The Mainebiz News Staff March 23, 2011

    Home sales in Maine fell in February, while the median sales price increased.

    The Mainebiz News Staff March 23, 2011
  • Small is beautiful | Not every VC deal has to be the next Facebook

    Michael Gurau March 21, 2011

    In past Mainebiz articles, I’ve described the success rate for early-stage venture capital as equivalent to a baseball batting average — .333, for example. That is, for every nine companies a VC backs, only three generate meaningful returns.

    Michael Gurau March 21, 2011
  • Belfast food plant moves forward

    The Mainebiz News Staff March 18, 2011

    A business group's plan to establish a $2 million food processing facility in Belfast is advancing.

    The Mainebiz News Staff March 18, 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.