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Real Estate & Construction

  • Maine foreclosure activity up 30%

    The Mainebiz News Staff March 12, 2009

    Foreclosure activity in February increased nearly 30% in Maine over the same month last year, but dropped off from January.

    The Mainebiz News Staff March 12, 2009

  • Keiser wins $4.5M contract

    March 10, 2009

    Keiser Homes of Oxford has signed a $4.5 million deal with CTA Construction of Boston to build a 95-unit senior living center in Somerville, Mass.

    March 10, 2009

  • Real estate data from March 3, 2009 | Building permits, sales and leases from the March 3, 2009, issue of Mainebiz

    March 9, 2009

    Building Permits Bangor (January 2009) $603,324, 1 College Cir., Husson University, interior renovations, contractor: Nickerson and O’Day

    March 9, 2009

  • Racebook | A brief history of Scarborough Downs

    March 9, 2009

    This timeline was published alongside the story, "Against the odds," in the March 9, 2009, issue of Mainebiz. Read the story >>

    March 9, 2009

  • Against the odds: Scarborough Downs faces an uncertain future

    Sara Donnelly March 9, 2009

    The town of Scarborough is racing. Racing to build classrooms to accommodate its booming child population. Racing to bring in high-tech jobs and streamline residential and commercial development.

    Sara Donnelly March 9, 2009

  • Point East owes Wiscasset $708K

    Mainebiz News Staff March 9, 2009

    Point East, the developer of an ambitious housing and industrial park complex in Wiscasset, owes the town nearly $708,000 in unpaid property taxes and loan payments.

    Mainebiz News Staff March 9, 2009

  • Walsh plans $12M hotel in Bar Harbor

    Sara Donnelly March 5, 2009

    Ocean Properties, Tom Walsh’s Portsmouth-based development company, yesterday submitted a proposal to the Bar H

    Sara Donnelly March 5, 2009

  • $15M housing project revived at Riverdam mill

    The Mainebiz News Staff March 5, 2009

    Stephen Goodrich, the new owner of the Riverdam Mill complex in Biddeford, yesterday said he has sold one of the mill buildings to a developer with plans for a $15 million housing project.

    The Mainebiz News Staff March 5, 2009

  • Agency vies for BNAS housing

    The Mainebiz News Staff February 26, 2009

    The Midcoast Regional Redevelopment Authority has submitted a bid to buy all of the 702 military housing units that will be vacated by the closing of the Brunswick Naval Air Station.

    The Mainebiz News Staff February 26, 2009

  • Pike Industries lands first stimulus project

    The Mainebiz News Staff February 26, 2009

    Pike Industries office in Lewiston has received the $31.5 million contract to rebuild the northbound lanes of I-295 between Brunswick and Gardiner.

    The Mainebiz News Staff February 26, 2009

  • I-295 slated for stimulus funds

    Mainebiz News Staff February 25, 2009

    A northbound stretch of I-295 from Brunswick to Gardiner will be among the first projects in Maine to receive federal stimulus funding, Gov. John Baldacci is expected to announce today.

    Mainebiz News Staff February 25, 2009

  • Real estate data from Feb. 23, 2009 | Building permits, sales and leases from the Feb. 23, 2009, issue of Mainebiz

    February 23, 2009

    Building Permits Portland (January 2009) $45,000, 81 Northport Rd., WGME Inc., construction of wireless communications facility, contractor: OmniPoint Communications

    February 23, 2009

  • Survey: ME's construction industry ready for projects

    The Mainebiz News Staff February 12, 2009

    Maine's engineering and construction industry has the capacity to handle a significant increase in work anticipated from the federal stimulus bill, which is expected to be passed today or over the weekend, according to a new industry survey.

    The Mainebiz News Staff February 12, 2009

  • Log home co. buys Ashland mill

    Jackie Farwell February 11, 2009

    Katahdin Forest Products of Oakfield, parent company of Katahdin Cedar Log Homes, has purchased SWP Industries' Ashland sawmill to process cedar for its log homes and fencing.

    Jackie Farwell February 11, 2009

  • Wharf hotel proposal moves ahead

    The Mainebiz News Staff February 11, 2009

    A proposal to build a five-story hotel on one of Portland's working wharves is being passed on to the city council for preliminary review.

    The Mainebiz News Staff February 11, 2009

  • New Ponzi scheme hits Belfast development

    The Mainebiz News Staff February 9, 2009

    A Belfast construction project is caught up in an alleged Ponzi scheme that cheated investors out of $83 million, according to VillageSoup.com.

    The Mainebiz News Staff February 9, 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