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Kevin French slides down in his office chair, and props one foot up on the other knee. His hair sticks up slightly, as if he’s slid his fingers across his head a few times in the past hour.
Home sales in Maine dropped 21% in September, but the median sales price rose nearly 2%.
An 87-acre parcel in Kennebunkport once planned to be the town's largest housing subdivision will now be put on the auction block with a $2.5 million minimum bid.
Auburn developer George Schott's efforts to buy 702 Brunswick Naval Air Station housing units could reach fruition by the end of the month.
In a typical commercial real estate downturn, there is often a lag between softening demand for space and reduced lease rates.
Maine has joined the other 49 states in launching an investigation into allegations of foreclosure mismanagement by mortgage companies.
Federal environmental regulators have ordered the University of Maine to restore wetlands the school disrupted during campus construction over the last 25 years.
A task force charged with guiding the future of the Cumberland County Civic Center unanimously voted last week to recommend a nearly $30 million renovation for the existing arena.
Assets belonging to roofing contractor David J. Deschaine will be liquidated as part of Chapter 7 bankruptcy proceedings.
Three health clinics in Bangor and northern Maine are set to expand, thanks to a more than $5 million grant from the federal Department of Health and Human Services.
A group of Westbrook residents yesterday filed a lawsuit against the city arguing that a recent proposed agreement allowing Pike Industries to keep operating its quarry violates the city's zoning ordinance.
The Orono Public Library, designed by Bangor firm WBRC Architects-Engineers, has earned a LEED gold certification from the U.S. Green Building Council.
A Wisconsin-based construction company has been tapped to build a new VA clinic in Lewiston.
A Maine District Court decision that found that GMAC Mortgage Co. employee Jeffrey Stephan acted in "bad faith" in a home foreclosure case could spur a rise in foreclosure challenges across the country.
The Federal Emergency Management Agency is pulling its controversial proposed flood maps for Cumberland and York counties in favor of a new program that will give affected municipalities more say in the process.
In late August, I joined about 50 other Mainers invited to hear Assistant Secretary of Commerce for Economic Development John Fernandez speak at DiMillo’s restaurant in Portland.
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.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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