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Real Estate & Construction

  • Auburn Mall for sale for $32M

    The Mainebiz News Staff September 14, 2010

    Auburn developer George Schott, who bought and extensively renovated the Auburn Mall five years ago, has put it up for sale for $32 million.

    The Mainebiz News Staff September 14, 2010

  • Joint effort mulled in lighthouse auction

    The Mainebiz News Staff September 10, 2010

    An auction for a Casco Bay lighthouse continues, with the highest bid reaching $175,000, and two Maine bidders may team up to buy it.

    The Mainebiz News Staff September 10, 2010

  • ORPC, ME win $15M in energy funding

    The Mainebiz News Staff September 10, 2010

    Portland-based Ocean Renewable Power Co. is receiving up to $10 million in federal funds to commercialize the tidal turbine generator it's currently testing off the shore of Eastport.

    The Mainebiz News Staff September 10, 2010

  • A short ride | The trials and tribulations of a venture capitalist turned temporary CEO

    Michael Gurau September 6, 2010

    A couple of issues back, I described my plans to take a shot behind the wheel of Foneshow, one of the companies in which I invested in 2007.

    Michael Gurau September 6, 2010

  • Scarborough Downs selling land

    The Mainebiz News Staff September 2, 2010

    Scarborough Downs, which recently announced intentions to relocate to Biddeford, is selling 400 acres of its Scarborough property for $12.2 million.

    The Mainebiz News Staff September 2, 2010

  • Sunday River condo assoc. sues mfgr.

    The Mainebiz News Staff September 2, 2010

    A Sunday River ski resort condo association has filed a lawsuit against Oldcastle Precast Inc., a national company with an office in Auburn, for breach of contract, negligence and fraud.

    The Mainebiz News Staff September 2, 2010

  • W.B. Mason moves warehouse to Portland

    Robert M. Cook August 31, 2010

    Saco's loss is Portland's gain with W.B. Mason moving its operations to the Pine Tree Industrial Park off Rand Road.

    Robert M. Cook August 31, 2010

  • Social entrepreneur seeks to buy lighthouse

    Whit Richardson August 31, 2010

    A Brunswick businessman is deploying an experimental financing model in an attempt to buy Ram Island Ledge Lighthouse in a government auction and keep it in Maine hands.

    Whit Richardson August 31, 2010

  • New Wal-Mart pitched in Thomaston

    The Mainebiz News Staff August 27, 2010

    A new Wal-Mart store could be coming to Thomaston as early as next year.

    The Mainebiz News Staff August 27, 2010

  • Home sales fall 30% in July

    The Mainebiz News Staff August 25, 2010

    Maine home sales plummeted 30% in July following the expiration of federal home buyer tax credits.

    The Mainebiz News Staff August 25, 2010

  • Site comparisons | An industrial past does not condemn a property to an uncertain commercial future

    Blaine Buck August 23, 2010

    CEO and president of Cordjia Capital Projects Group in Camden, licensed architect and professional engineer  

    Blaine Buck August 23, 2010

  • Own to rent | The often overlooked benefits of a sale-leaseback transaction

    Justin Lamontagne August 23, 2010

    “Why rent when you can own?” It’s an industry standard question. Typically, I’d make a fine argument to support the pleasures of property ownership.

    Justin Lamontagne August 23, 2010

  • Pike, Idexx reach agreement

    The Mainebiz News Staff August 20, 2010

    A pitched battle over Pike Industries' blasting operations at a quarry near the Five Star Industrial Park in Westbrook may end with a compromise reached out of court.

    The Mainebiz News Staff August 20, 2010

  • Former Old Town Canoe building a tough sell

    Robert M. Cook August 19, 2010

    No buyers have made an offer on the former Old Town Canoe building on Main Street, so company and city officials are taking steps to find a new use that will complement the community's long-range economic development plans.

    Robert M. Cook August 19, 2010

  • Reed & Reed likely to build mega berth

    The Mainebiz News Staff August 18, 2010

    Reed & Reed, a Woolwich-based construction firm, was the lowest bidder for a deep-water mega berth at Portland's Ocean Gateway International Marine Terminal with a proposal of less than $4.9 million.

    The Mainebiz News Staff August 18, 2010

  • Quimby scraps artist studio project

    The Mainebiz News Staff August 18, 2010

    Philanthropist Roxanne Quimby has scuttled her plans for an artist residency program in Portland, citing delays in the approval process and historic preservation requirements.

    The Mainebiz News Staff August 18, 2010

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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