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Real Estate & Construction

  • Maine Med rehab center to double in size

    Robert M. Cook July 20, 2010

    This story corrects an earlier version that misstated the name of the Harold A. Pingree Fund. We regret the error.

    Robert M. Cook July 20, 2010

  • Apartments considered for Bates Mill

    The Mainebiz News Staff July 14, 2010

    A Portland-based developer is proposing turning part of Bates Mill No. 2 in Lewiston into more than 50 apartment units.

    The Mainebiz News Staff July 14, 2010

  • Garage added to Jordan's Meat project

    The Mainebiz News Staff July 14, 2010

    The developer building a 122-room Hampton Inn on the former Jordan's Meat property is seeking approval for a 207-space parking garage adjacent to the hotel.

    The Mainebiz News Staff July 14, 2010

  • Developer pitches coworking office space

    Robert M. Cook July 13, 2010

    Developer Peter Bass intends to help Portland shore up its Bramhall Square neighborhood and help the region's creative economy professionals get some time away from their home offices.

    Robert M. Cook July 13, 2010

  • $4M Army building in Kittery under way

    The Mainebiz News Staff July 13, 2010

    Military officials yesterday broke ground on a $4 million recruiting facility at the Portsmouth Naval Shipyard in Kittery.

    The Mainebiz News Staff July 13, 2010

  • Pike again opposing zoning change

    The Mainebiz News Staff July 8, 2010

    The battle between Pike Industries and Westbrook officials will now be fought in Cumberland County Superior Court after Pike officials appealed the city council's decision to rezone the Five Star Industrial Park and limited the company's quarrying

    The Mainebiz News Staff July 8, 2010

  • Stantec acquires Portland engineering firm

    The Mainebiz News Staff July 7, 2010

    Portland engineering firm Industry and Energy Associates LLC has been acquired by Edmonton, Alberta-based Stantec.

    The Mainebiz News Staff July 7, 2010

  • Bangor contractor's assets net $11M

    The Mainebiz News Staff July 7, 2010

    The assets of Bangor contractor Vaughn Thibodeau & Sons were sold at an auction late last month for a total of $11 million.

    The Mainebiz News Staff July 7, 2010

  • Smaller tenants expected to fill One Monument Square

    Robert M. Cook July 6, 2010

    Jim Harnden expects it will be a mix of tenants who will occupy the top floors of One Monument Square when current tenant Pierce Atwood relocates to the Portland waterfront.

    Robert M. Cook July 6, 2010

  • Maine foreclosures still rising

    The Mainebiz News Staff July 1, 2010

    Home foreclosures in Maine continue to rise, according to new data from the Bureau of Financial Institutions.

    The Mainebiz News Staff July 1, 2010

  • MEREDA names new president

    The Mainebiz News Staff July 1, 2010

    Commercial real estate banker Thomas Lea has been named the new president of the Maine Real Estate and Development Association.

    The Mainebiz News Staff July 1, 2010

  • Real estate data from June 28, 2010 | Building permits, sales and leases from the June 28, 2010, issue of Mainebiz

    June 28, 2010

    Building permits Auburn (May 2010) $7,700,000, 1275 Turner St., Lewiston/Auburn Water District, building construction, contractor: CDM Constructors Inc.

    June 28, 2010

  • Cash flow's other side | Four easy ways to spend less on your commercial property and improve the bottom line

    Justin Lamontagne June 28, 2010

    Spend less than you make. It’s Financial Success 101. My attorney/father-in-law preaches it. The owner of my company has championed it. My accountant friends repeat it like a broken record.

    Justin Lamontagne June 28, 2010

  • In the produce section | The retail world takes note of Hannaford's platinum LEED-certified store

    Carol Coultas June 28, 2010

    Nearly a year ago, Hannaford Bros.

    Carol Coultas June 28, 2010

  • May home sales jump 25%

    The Mainebiz News Staff June 23, 2010

    Maine home sales increased nearly 25% during the month of May, while the median sales price saw an uptick as well.

    The Mainebiz News Staff June 23, 2010

  • Westbrook developer pitches $60M+ arena

    The Mainebiz News Staff June 23, 2010

    A developer wants to build a new 8,000-seat arena for concerts and sports events in either Portland or Westbrook and renovate the Cumberland County Civic Center into a convention center.

    The Mainebiz News Staff June 23, 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