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Real Estate & Construction

  • Time & Temp lease piquing interest

    Robert M. Cook March 16, 2010

    A Brooklyn, N.Y., management company that is spearheading the negotiations for a new tenant to lease the rights to put its name on the Time and Temperature Building downtown continues to field numerous inquiries and offers from prospective busines

    Robert M. Cook March 16, 2010

  • Foreclosures up in 2009

    The Mainebiz News Staff March 16, 2010

    The number of foreclosures in Maine is on the rise, according to the state's Bureau of Financial Institutions.

    The Mainebiz News Staff March 16, 2010

  • MDI lab plans $4.5M expansion

    The Mainebiz News Staff March 16, 2010

    The Mount Desert Island Biological Laboratory will construct a $4.5 million wing that will add nearly 7,000 square feet of research space to its Salisbury Cove campus in Bar Harbor.

    The Mainebiz News Staff March 16, 2010

  • Housing group eyes Augusta building

    The Mainebiz News Staff March 12, 2010

    A Portland nonprofit has proposed redeveloping the Cony Flatiron Building in Augusta as commercial and performing arts space.

    The Mainebiz News Staff March 12, 2010

  • Committee opposes contractor licensing bill

    The Mainebiz News Staff March 12, 2010

    A legislative committee Tuesday narrowly voted against a bill that would require licensing of building contractors.

    The Mainebiz News Staff March 12, 2010

  • Businessman renews pitch for floating marina

    Robert M. Cook March 8, 2010

    Robert M. Cook March 8, 2010

  • Retailer buys vacant Brunswick space

    The Mainebiz News Staff March 8, 2010

    Maine business owner Kip Stone has bought a vacant building in downtown Brunswick, with plans to turn it into three retail and restaurant spaces.

    The Mainebiz News Staff March 8, 2010

  • Cover your bases | Rushing through due diligence can doom a commercial real estate deal

    Justin Lamontagne March 8, 2010

    Mick Jagger famously sang that “Time is on my side.” Unfortunately, that’s not always the case in commercial real estate. One of my jobs as a broker is to ensure that a deal moves along at a reasonable pace for all parties involved.

    Justin Lamontagne March 8, 2010

  • Bar Harbor rejects Walsh hotel

    The Mainebiz News Staff March 7, 2010

    After a year of debate, the Bar Harbor Planning Board has unanimously rejected hotelier Tom Walsh's plans for a $12 million hotel on West Street.

    The Mainebiz News Staff March 7, 2010

  • Tax rebate for Brunswick inn approved

    The Mainebiz News Staff March 2, 2010

    The Brunswick Town Council has approved a tax rebate program for a proposed downtown inn, despite opposition from other hoteliers in the town.

    The Mainebiz News Staff March 2, 2010

  • Bates Mill demo delayed, parking OK'ed

    The Mainebiz News Staff March 2, 2010

    Lewiston city councilors have voted to build a $5 million parking garage near Bates Mill No. 5 even as they spared the building from demolition.

    The Mainebiz News Staff March 2, 2010

  • Home sales, prices on the rise

    The Mainebiz News Staff March 1, 2010

    Home sales in January were up nearly 19% from 2009, and for the first time in over a year, the median sales price rose as well.

    The Mainebiz News Staff March 1, 2010

  • Hotel, restaurant planned for Jordan's plant

    The Mainebiz News Staff February 25, 2010

    The new owner of the former Jordan's Meats plant in Portland has submitted a proposal to turn it into a hotel, restaurant and condos.

    The Mainebiz News Staff February 25, 2010

  • Riverside property changes hands

    Robert M. Cook February 22, 2010

    As difficult as it is in a tough economy to hold onto property until a buyer comes along, the city of Portland recognizes the 54 acres it owns on Riverside Street would someday pay dividends.

    Robert M. Cook February 22, 2010

  • Growing panes | A conversation with Kristopher Brill, co-owner of Pinnacle Window Solutions in Biddeford

    Mercedes Grandin February 22, 2010

    Pinnacle Window SolutionsFounded: April 2009Employees: 6 (5 full time, 1 part time)Startup costs: $5,000

    Mercedes Grandin February 22, 2010

  • Maine-N.H. bridge funding denied

    The Mainebiz News Staff February 17, 2010

    An effort to repair the Memorial Bridge that connects Maine and New Hampshire has been denied $70 million in stimulus funds, putting rehabilitation of the span at risk.

    The Mainebiz News Staff February 17, 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