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Real Estate & Construction

  • Property bailout comes to Maine

    The Mainebiz News Staff January 19, 2009

    The bulk of Maine's portion of a $4 billion program to help stabilize rocky housing markets is headed to Lewiston-Auburn, Sanford and Portland.

    The Mainebiz News Staff January 19, 2009

  • Real estate data from Jan. 19, 2009 | Building permits, sales and leases from the Jan. 19, 2009, issue of Mainebiz

    January 19, 2009

    Building Permits South Portland (November 2008) $416,902, 179 John W. Roberts Road, Sedgewick CMS, commercial alterations, contractor: Wright-Ryan Construction

    January 19, 2009

  • Five Maine economists forecast 2009 | Five Maine economists give an initial public offering of their predictions for 2009, and take stock of the financial upheaval of 2008 and its recurring effects

    Jackie Farwell January 19, 2009

    Watch out Maine Street. After a year of housing market tumbles, blunders on Wall Street, mounting consumer debt and an unending stream of layoffs, what’s in store for 2009?

    Jackie Farwell January 19, 2009

  • Rehab projects rolling along Kennebec | Historic restorations along the Kennebec in Augusta and Waterville keep the development flowing

    Douglas Rooks January 19, 2009

    Paul Boghossian peers through the windows of the MaineGeneral office on the third floor of the old Hathaway mill building in Waterville, and points out some of the details of a conference room.

    Douglas Rooks January 19, 2009

  • Ocean Properties bows out of pier project

    Carol Coultas January 15, 2009

    Citing other commitments, Ocean Properties is backing out of negotiations for the development of the Maine State Pier.

    Carol Coultas January 15, 2009

  • Fairchild scuttles relocation plan

    The Mainebiz News Staff January 15, 2009

    Fairchild Semiconductor will stay in its current location, foregoing plans to build a new, 90,000-square-foot office space in Scarborough.

    The Mainebiz News Staff January 15, 2009

  • Maine 38th in foreclosure rate

    The Mainebiz News Staff January 15, 2009

    Maine had 2,851 properties with foreclosure filings last year, which translates to a foreclosure rate during 2008 of 0.41%.

    The Mainebiz News Staff January 15, 2009

  • Devine Tarbell scooped up by Omaha co.

    Whit Richardson January 12, 2009

    An architecture and engineering firm in Omaha, Neb., has purchased Portland-based Devine Tarbell & Associates Inc.

    Whit Richardson January 12, 2009

  • Conference targets sustainable city development

    Whit Richardson January 12, 2009

    A lack of leadership in community planning and "haphazard" development are the impetus behind a conference this Thursday on sustainable development in Portland, according to Paul Stevens, principal at architecture firm SMRT Inc.

    Whit Richardson January 12, 2009

  • Ocean Properties deal falters

    The Mainebiz News Staff January 12, 2009

    Hotel developer Ocean Properties did not buy Song of the Sea Music shop in Bar Harbor as previously reported.

    The Mainebiz News Staff January 12, 2009

  • Developer proposes new Portland pier development

    The Mainebiz News Staff January 11, 2009

    Another Portland pier is being eyed for a multi-million dollar makeover that includes a luxury hotel and spa.

    The Mainebiz News Staff January 11, 2009

  • Holiday Inns for sale

    The Mainebiz News Staff January 5, 2009

    Both Portland-based Holiday Inns are for sale, putting two of the city's top three hotels on the market.

    The Mainebiz News Staff January 5, 2009

  • Portland: City turns to OP for pier project

    The Mainebiz News Staff January 5, 2009

    Portland city councilors yesterday voted 7 to 2 to begin a new round of negotiations with Ocean Properties over the development of the Maine State Pier, according to the Portland Press Herald.

    The Mainebiz News Staff January 5, 2009

  • Carrabassett Valley seeks annexation

    The Mainebiz News Staff January 5, 2009

    Selectmen in Carrabassett Valley yesterday voted to pursue the annexation of a portion of Redington Township where a wind farm has been proposed.

    The Mainebiz News Staff January 5, 2009

  • Apartments planned for former USM dorm

    Jackie Farwell December 30, 2008

    The University of Southern Maine has shed its last remaining dormitory in Portland and a local developer stands ready to breathe new life into the building.

    Jackie Farwell December 30, 2008

  • Realtors knocked for ethics violation

    Mainebiz News Staff December 30, 2008

    The state ethics commission imposed the stiffest penalty possible upon the Maine Association of Realtors political action committee for filing a campaign finance report late.

    Mainebiz News Staff December 30, 2008

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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