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Real Estate & Construction

  • Federal transportation head visits Orono

    The Mainebiz News Staff August 16, 2009

    U.S. Transportation Secretary Ray LaHood is scheduled to visit Orono today to check out a composite technology developed at the University of Maine that is expected to make building bridges more efficient.

    The Mainebiz News Staff August 16, 2009

  • Marden's set to open Scarborough store

    Whit Richardson August 11, 2009

    Marden's is ready to buy the former Wal-Mart store in Scarborough and open what would be its largest store in the state, but the discount retailer first needs Scarborough Planning Board approval.

    Whit Richardson August 11, 2009

  • New building replaces YWCA housing

    The Mainebiz News Staff August 10, 2009

    The grand opening of a new apartment building in Portland tomorrow will mark the end of a two-year process that allowed the Portland Museum of Art to acquire and tear down the adjacent YWCA.

    The Mainebiz News Staff August 10, 2009

  • Beth the builder | Construction: Beth Sturtevant, President, CCB Inc.

    August 10, 2009

    Beth Sturtevant of CCB Inc. knows how to lay a foundation — for a commercial building, for her career and for her company.

    August 10, 2009

  • FEMA move jeopardizes Portland development

    The Mainebiz News Staff August 9, 2009

    The federal government has proposed reclassifying Portland Harbor in its flood insurance rate map, a move that city officials say would devastate the working waterfront by prohibiting new construction on its private and public piers.

    The Mainebiz News Staff August 9, 2009

  • Jackson Lab breaks ground on expansion

    The Mainebiz News Staff August 5, 2009

    The Jackson Laboratory broke ground yesterday on a multi-million-dollar expansion, as sales of the lab's mice have started to recover.

    The Mainebiz News Staff August 5, 2009

  • Sanford mill getting $12M facelift

    The Mainebiz News Staff August 5, 2009

    Renovation work has begun in Sanford to turn a former textile mill into a $12.6 million residential or mixed-use building.

    The Mainebiz News Staff August 5, 2009

  • Bangor buyer of the Maine Bank & Trust building eyes more Portland properties

    August 4, 2009

    A Bangor investor who recently pulled off Maine's biggest real estate deal in 2009 after he purchased a Portland office building and parking garage for $12 million says he's just beginning his push into the southern city.

    August 4, 2009

  • Economist not optimistic about construction

    Carol Coultas August 4, 2009

    Maine is faring better than many states in the speed it has awarded stimulus funds to construction projects, but that was about the only good news economist Ken Simonson had to share at yesterday's meeting in Portland of the Maine Chapter of the A

    Carol Coultas August 4, 2009

  • Bangor investor pays $12M for Portland office building

    The Mainebiz News Staff July 31, 2009

    A Bangor investor has purchased the Maine Bank & Trust building in Portland for $12 million, making it the state's largest real estate investment deal this year.

    The Mainebiz News Staff July 31, 2009

  • Hotelier expands holdings

    Mainebiz News Staff July 27, 2009

    A Bar Harbor hotelier has expanded his holdings with the purchase of a Hampton Inn under development in Ellsworth.

    Mainebiz News Staff July 27, 2009

  • Value judgment | New home appraisal rules rile real estate industry

    Jackie Farwell July 27, 2009

    Just as federal incentives for homebuyers are beginning to breathe life into the nation’s real estate market, new appraisal rules — devised entirely outside the legislative process — are stifling home sales in Maine and across the country, frustra

    Jackie Farwell July 27, 2009

  • Weighing abatements | Plummeting property values spur property tax adjustments. Here's what you need to know.

    Charles Katz-leavy July 27, 2009

    Maine Real Estate Information System Inc. reported that the median sales price for a single-family home in Maine in April 2009 was $160,000, approximately 10.21% lower than in April 2008.

    Charles Katz-leavy July 27, 2009

  • Misuse of power | PUC puts CMP through the wringer, placing jobs and reliability at risk

    John O'dea July 27, 2009

    Even though the first regular session of the Maine Legislature has adjourned, a number of important policy discussions are playing out that have an effect on Maine’s business community.

    John O'dea July 27, 2009

  • Raising the roof | A Lewiston firm finds new ways for businesses to make a buck from the top down

    Mindy Favreau July 27, 2009

    The new Hannaford supermarket in Augusta is being billed as one of the greenest in the nation.

    Mindy Favreau July 27, 2009

  • Navy rejects shipyard prison projects

    Mainebiz News Staff July 24, 2009

    The Navy's second attempt to find a private developer for the Portsmouth Naval Shipyard prison has stalled.

    Mainebiz News Staff July 24, 2009

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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