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Real Estate & Construction

  • Norway biz owner's properties sold

    The Mainebiz News Staff March 16, 2011

    An auction yesterday sold off nine properties owned by the Norway business owner who recently pleaded guilty to stealing $4 million from MaineCare.

    The Mainebiz News Staff March 16, 2011

  • Camden's free land lures film studio co.

    The Mainebiz News Staff March 16, 2011

    The town of Camden's "free land for jobs" effort to attract a business to the former Apollo Tannery may have paid off.

    The Mainebiz News Staff March 16, 2011

  • Many Flags/One Campus project to buy land

    The Mainebiz News Staff March 16, 2011

    An initiative that would create a joint high school/associate degree educational campus in the midcoast has taken a step forward.

    The Mainebiz News Staff March 16, 2011

  • Ex-concrete company owner sued

    The Mainebiz News Staff March 14, 2011

    The U.S. Department of Labor is suing the former head of now-defunct Gagne Precast Concrete Products in Veazie for inflating the value of the company's stock and stealing $1.1 million.

    The Mainebiz News Staff March 14, 2011

  • Changes OK'ed for Port of Eastport

    The Mainebiz News Staff March 14, 2011

    The Army Corps of Engineers has approved a modified permit for improvements at the Port of Eastport, helping to save the project half a million dollars in construction costs.

    The Mainebiz News Staff March 14, 2011

  • Changes abound in Portland area hotel market

    March 8, 2011

    When the Hampton Inn that is under construction on Franklin Street opens in July, 500 additional rooms will have been added to the local hotel market since 2007, putting the total number of hotel rooms in Portland and the Maine Mall area at around

    March 8, 2011

  • Cannery sale officially complete

    The Mainebiz News Staff March 4, 2011

    Bumble Bee Foods has confirmed the sale of its Down East cannery to a Massachusetts lobster company.

    The Mainebiz News Staff March 4, 2011

  • Receivership of Camden Knox Mill lifted

    The Mainebiz News Staff March 2, 2011

    The former Knox Mill in Camden has been released from bank receivership, now that the final major parcels have been purchased by a local resident.

    The Mainebiz News Staff March 2, 2011

  • January home sales up 11%

    The Mainebiz News Staff February 25, 2011

    After a six-month slide, home sales in Maine are on the rise again, hinting at a strong spring.

    The Mainebiz News Staff February 25, 2011

  • Eastland Park Hotel to change hands

    The Mainebiz News Staff February 23, 2011

    Portland's Eastland Park Hotel could soon be under the ownership of a Columbus, Ohio, investment company.

    The Mainebiz News Staff February 23, 2011

  • Stinson cannery sale completed

    The Mainebiz News Staff February 22, 2011

    After months of delay, a Massachusetts lobster company has finalized a deal to buy the former Stinson Seafood cannery in Gouldsboro.

    The Mainebiz News Staff February 22, 2011

  • Westbrook develops plan to draw in artists

    February 22, 2011

    In an attempt to lure creative entrepreneurs to a rundown section of Westbrook's downtown, Westbrook Housing is selling three new affordable and somewhat unusual condos on Main Street.

    February 22, 2011

  • Court nixes two foreclosure counts

    The Mainebiz News Staff February 18, 2011

    Two of the three counts in a class-action lawsuit brought against GMAC Mortgage Co. by Maine homeowners have been dismissed.

    The Mainebiz News Staff February 18, 2011

  • Construction co. files for bankruptcy

    The Mainebiz News Staff February 14, 2011

    A West Bath construction company has filed for Chapter 7 bankruptcy and laid off more than 40 employees.

    The Mainebiz News Staff February 14, 2011

  • UMaine composites center wins patent

    The Mainebiz News Staff February 11, 2011

    The University of Maine's Advanced Structures and Composites Center has been issued a patent for a unique technology used to strengthen bridge and building beams.

    The Mainebiz News Staff February 11, 2011

  • Office space | Vacancy rates rise in greater Portland, but select sectors show growth

    Justin Lamontagne February 7, 2011

    Last year around this time, I wrote with trepid confidence that things seemed to be improving in the greater Portland office market.

    Justin Lamontagne February 7, 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