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Real Estate & Construction

  • Walsh snags key Bar Harbor property

    The Mainebiz News Staff December 8, 2008

    Hotel developer Tom Walsh has acquired a final, critical parcel along Bar Harbor's commercial waterfront.

    The Mainebiz News Staff December 8, 2008
  • BNAS housing to hit the market

    The Mainebiz News Staff December 3, 2008

    Balfour Beatty PLC, the owner of Navy housing units in Brunswick, is planning to begin marketing hundreds of them next month, prompting concern from redevelopment officials and Realtors that the local housing market will suffer.

    The Mainebiz News Staff December 3, 2008
  • Portland Public Market sold

    The Mainebiz News Staff December 3, 2008

    A Portland business that is one of America's 500 fastest-growing private companies has purchased the Portland Public Market.

    The Mainebiz News Staff December 3, 2008
  • LURC staff: Delay comp land use plan

    The Mainebiz News Staff December 2, 2008

    The staff of the Land Use Regulation Commission wants to delay by several months work on the commission's comprehensive land use plan to give it more time to discuss how to handle the state's Unorganized Territory.

    The Mainebiz News Staff December 2, 2008
  • New housing starts plummet in southern Maine

    The Mainebiz News Staff December 1, 2008

    The number of new homes built this year in southern Maine has plunged to the lowest level since at least 1991, according to new figures.

    The Mainebiz News Staff December 1, 2008
  • Real estate data from Dec. 1, 2008 | Building permits, sales and leases from the Dec. 1, 2008, issue of Mainebiz

    December 1, 2008

    Building permits Bangor (October 2008) $1,266,000, 40 Target Cir., AC Real Estate LLC, addition, contractor: Sheridan Corp.

    December 1, 2008
  • Maine home sales fall 14%

    The Mainebiz News Staff November 25, 2008

    The national economy is being blamed for a 14% drop in Maine home sales in October, according to the Maine Association of Realtors.

    The Mainebiz News Staff November 25, 2008
  • Jobless rate continues slide in October

    The Mainebiz News Staff November 21, 2008

    The slowing economy continued to weaken Maine's labor market in October.

    The Mainebiz News Staff November 21, 2008
  • ME foreclosures inch up

    The Mainebiz News Staff November 18, 2008

    Maine home foreclosures were up slightly in the second quarter, but remain relatively low when compared with the total mortgages in the state.

    The Mainebiz News Staff November 18, 2008
  • Portland ends talks with pier developer

    The Mainebiz News Staff November 18, 2008

    The Portland City Council has officially ended talks with its chosen developer for the Maine State Pier.

    The Mainebiz News Staff November 18, 2008
  • Seth Harkness November 17, 2008
  • Real estate data from Nov. 17, 2008 | Building permits, sales and leases from the Nov. 17, 2008, issue of Mainebiz

    November 17, 2008

    Building permits Augusta (October 2008) $360,000, 75 Airport Rd., Camp Keyes, commercial alteration, contractor: N/A

    November 17, 2008
  • Mill rites | A new city council examines the fate of a historic mill building, and perhaps the city's as well

    Carol Coultas November 17, 2008

    Anchoring the southwest corner of Lewiston is the hulking Bates Mill No. 5, as much a harbinger of the city’s future as a symbol of its industrial past.

    Carol Coultas November 17, 2008
  • Analysis claims Pike quarry illegal

    The Mainebiz News Staff November 14, 2008

    An analysis prepared by opponents to an expansion of Pike Industries in Westbrook claims the asphalt plant has been operating an illegal quarry for 40 years.

    The Mainebiz News Staff November 14, 2008
  • Portland pier project canned

    The Mainebiz News Staff November 13, 2008

    The Maine State Pier project could be canned after a Portland city council committee last night voted to terminate negotiations with the developer.

    The Mainebiz News Staff November 13, 2008
  • Maine Mall owner faces bankruptcy

    Whit Richardson November 12, 2008

    The Chicago-based owner of the Maine Mall faces bankruptcy if it can't refinance or extend nearly $1 billion in debt scheduled to mature next month, casting uncertainty on the future of Maine's largest retail establishment.

    Whit Richardson November 12, 2008

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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would affect the economy.