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Real Estate & Construction

  • Belfast Stinson site eyed for boatyard

    The Mainebiz News Staff January 13, 2011

    A group of Maine business owners is proposing turning the former Stinson Seafood Co. cannery property in Belfast into a boatyard and manufacturing facility.

    The Mainebiz News Staff January 13, 2011
  • ME nets $30M in housing tax credits

    The Mainebiz News Staff January 11, 2011

    Nearly $30 million in federal tax credits will fund the construction of 184 affordable housing units in six cities across the state.

    The Mainebiz News Staff January 11, 2011
  • Suit targets defunct Woodward Thomsen

    The Mainebiz News Staff January 10, 2011

    Federal labor officials are suing a defunct Portland millworking company and its owner for more than $10,000 in pay withheld from employees.

    The Mainebiz News Staff January 10, 2011
  • New blood | A father-and-son team invests in Water Street buildings to revive the downtown

    Douglas Rooks January 10, 2011

    When Tobias Parkhurst, nearing 30 and retiring from professional skateboarding, decided to move back to Augusta from Massachusetts, he went looking for a nice downtown apartment. He couldn’t find one, anywhere.

    Douglas Rooks January 10, 2011
  • Maine foreclosures down in Q3

    The Mainebiz News Staff January 4, 2011

    Foreclosures dipped in Maine in the third quarter of 2010, but an uptick in delinquent first mortgages means foreclosure problems will likely continue this year.

    The Mainebiz News Staff January 4, 2011
  • Court throws out appeal of Walsh hotel

    The Mainebiz News Staff January 3, 2011

    A superior court has thrown out a lawsuit against hotelier Tom Walsh's planned 110-room hotel in Bar Harbor.

    The Mainebiz News Staff January 3, 2011
  • DEP records fewer penalties in 2010

    The Mainebiz News Staff December 29, 2010

    The DEP found fewer violations of the state's environmental laws this year, most likely due to the poor economy.

    The Mainebiz News Staff December 29, 2010
  • Island residents seek compromise after losing zoning battle

    December 28, 2010

    After losing part of their court case against a proposed hotel/condo development on Great Diamond Island, a group of residents is now hoping to garner a compromise from the developer.

    December 28, 2010
  • Home sales drop 24%, while price rises

    The Mainebiz News Staff December 27, 2010

    Home sales in Maine fell nearly 24% in November, while the median sales price rose almost 4%.

    The Mainebiz News Staff December 27, 2010
  • Renovations under way at Augusta hotel

    The Mainebiz News Staff December 27, 2010

    Freeport-based Giri Hotels is spending as much as $1.8 million to renovate the former Holiday Inn in Augusta.

    The Mainebiz News Staff December 27, 2010
  • Pinching thieves | Retailers keep pace with increasingly sophisticated heists and push a new law to thwart theft

    December 27, 2010

    One afternoon last summer, Joe Simpson began watching his security screens more closely after Kittery Trading Post’s surveillance cameras picked up a white van in the parking lot.

    December 27, 2010
  • A look back | Give up venture capital for a lawn care business? Economic uncertainty makes one VC wonder

    Michael Gurau December 27, 2010

    From 2001 to present, I’ve led as its president CEI Community Ventures (CCVI), a $10 million early-stage venture capital fund, now fully invested and awaiting returns.

    Michael Gurau December 27, 2010
  • Portland allows new waterfront uses

    The Mainebiz News Staff December 22, 2010

    Waterfront zoning changes in Portland will allow more non-marine businesses to locate on the city's major piers and wharves, a move property owners say will bring in more revenue.

    The Mainebiz News Staff December 22, 2010
  • Contractors picked for CMP project

    The Mainebiz News Staff December 21, 2010

    Central Maine Power Co. has selected three out-of-state companies as lead contractors on its $1.4 billion transmission upgrade, a project expected to add up to 1,000 new jobs.

    The Mainebiz News Staff December 21, 2010
  • Memorial bridge to reopen after repairs

    The Mainebiz News Staff December 16, 2010

    The Memorial Bridge between Maine and New Hampshire is expected to reopen in three weeks following a $30,000 repair.

    The Mainebiz News Staff December 16, 2010
  • Cos. file appeal over Pike-Idexx agreement

    The Mainebiz News Staff December 15, 2010

    A legal battle over Pike Industries' operation of a quarry in Westbrook is still alive, after two interveners in the case decided to appeal last month's court decision.

    The Mainebiz News Staff December 15, 2010

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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.