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Bangor-area developers often take a long view of investments, a tendency that bodes well for the local real estate market as it struggles to recover from a downturn, according to Bev Uhlenhake, a broker with Epstein Commercial Real Estate in Bango
Philanthropist and conservationist Roxanne Quimby has added several thousand acres to her land holdings in northern Maine.
Three years ago, marinas were hot properties, bought by investors who expected significant returns by developing shore-side condos, or leveraging dockominiums -- private slips for rent or sale to boat owners eager for a permanent berth.
Eastern Maine Development Corp. has received $2.1 million in stimulus funds to launch a green construction skills training program that could train over 100 people.
National retailer Lowe's is opening a store at the old Walmart site in Bangor by 2011.
The Portland International Jetport is moving forward with plans for a $75 million expansion.
SGC Engineering in Westbrook is being acquired by a Scottish-based energy company.
Stillwater-based construction company Sargent Corp. has acquired the concrete mixing operations of GE Goding & Son Inc., which includes four plants in northern and Down East Maine.
A Portland City Council committee tonight plans to examine a housing ordinance that has drawn criticism from city officials and the business community.
Modular home builders in western Maine could get a boost from a recent law aimed at replacing Maine's energy-inefficient housing stock.
Marden's Surplus & Salvage has sealed the deal to open its largest store in Scarborough.
Maine homes sales jumped nearly 50% in November, marking the sixth consecutive monthly increase.
A Bar Harbor hotelier is adding another hotel to his holdings in the Down East region.
Pittsfield-based Cianbro Corp. has formed an alliance with an Illinois construction firm that could create jobs for Maine workers.
Excel Homes, the Pennsylvania-based company that last year bought a modular home builder in Oxford, has abandoned its plans to reopen the facility.
With all due respect to Gordon Gekko and his philosophies, greed is no longer good.
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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