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Real Estate & Construction
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I-295 slated for stimulus funds
Mainebiz News Staff February 25, 2009A 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, 2009Real estate data from Feb. 23, 2009 | Building permits, sales and leases from the Feb. 23, 2009, issue of Mainebiz
February 23, 2009Building Permits Portland (January 2009) $45,000, 81 Northport Rd., WGME Inc., construction of wireless communications facility, contractor: OmniPoint Communications
February 23, 2009Survey: ME's construction industry ready for projects
The Mainebiz News Staff February 12, 2009Maine'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, 2009Log home co. buys Ashland mill
Jackie Farwell February 11, 2009Katahdin 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, 2009Wharf hotel proposal moves ahead
The Mainebiz News Staff February 11, 2009A 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, 2009New Ponzi scheme hits Belfast development
The Mainebiz News Staff February 9, 2009A 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
Developer sees future in historic buildings | Developer Tom Niemann says there are plenty of historic development opportunities in Maine. If you're tenacious.
Douglas Rooks February 9, 2009Tom Niemann initially wasn’t pleased to visit the state where he now does substantial business, but not for a reason one might expect. “I tried to avoid coming to Maine, because I knew I’d fall in love with the state,” he says.
Douglas Rooks February 9, 2009Opportunity knocks | Maine should embrace federal and state stimulus packages even with the deficit
John O'dea February 9, 2009On Jan. 27, voters in Dover-Foxcroft decided to increase the debt limit of their local water district, overturning a vote taken in November. Their action allows for the replacement of a water main in the center of town before the Maine Dept.
John O'dea February 9, 2009
An optimist gambles on high-profile properties | CEO Stephen Goodrich believes investing in landmark properties today will pay off tomorrow
Sara Donnelly February 9, 2009Stephen Goodrich, first of all, wants you to know he’s no big-deal real estate developer. A go-with-your gut type, sure. A risk-taker, certainly. But don’t get the wrong idea, he’s not on any kind of buying spree.
Sara Donnelly February 9, 2009
Lynch pin: Entrepreneur finds success in luxury home market | An entrepreneur turns his sights from Wall Street to Easy Street, finding a ripe market for Maine's luxury homes
Whit Richardson February 9, 2009To the casual observer, Chris Lynch’s timing couldn’t have been worse. The 46-year-old Bates College graduate founded his luxury real estate brokerage in Portland in October 2005.
Whit Richardson February 9, 2009
Projecting properties: MEREDA's annual forecast conference steels real estate professionals for a rough 2009
Mindy Favreau February 9, 2009It’s going to get worse before it gets better. That phrase wasn’t what attendees wanted to hear, but that was the take-away message at the Maine Real Estate and Development Association’s 2009 Annual Real Estate Forecast Conference, held Jan.
Mindy Favreau February 9, 2009Stimulus could bring $317M in construction investment
The Mainebiz News Staff February 6, 2009Maine stands to receive at least $317 million in new construction investments as part of the federal economic stimulus package being debated by Congress, the Associated General Contractors of America said today.
The Mainebiz News Staff February 6, 2009Pike plan hits snags
The Mainebiz News Staff February 6, 2009Pike Industries' prospects for building an asphalt plant in Westbrook have dimmed following an unfavorable code ruling and continued rezoning efforts by the city council.
The Mainebiz News Staff February 6, 2009Woodward Thomsen closes doors
Whit Richardson February 3, 2009Woodward Thomsen Co., the architectural millwork and construction company responsible for projects such as the renovation of the Portland Observatory, has closed its doors.
Whit Richardson February 3, 2009Augusta officials review TIF
Mainebiz News Staff January 30, 2009City councilors in Augusta are reviewing a tax break they awarded Niemann Capital to redevelop the Kennebec Arsenal complex.
Mainebiz News Staff January 30, 2009Real estate data from Jan. 26, 2009 | Building permits, sales and leases from the Jan. 26, 2009, issue of Mainebiz
January 26, 2009Building Permits Bar Harbor (December 2008) $40,000, 10 Summers St., Thomas Hulbert, bed and breakfast alteration, contractor: N/A Presque Isle (December 2008)
January 26, 2009
Today's Poll
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
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 More
Work for ME
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.
Learn More
Groundbreaking Maine
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.
Learn more-
The Giving Guide
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.
-
Work for ME
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.
-
Groundbreaking Maine
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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