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Real Estate & Construction

  • Westbrook paves way for mega-retail project

    The Mainebiz News Staff August 20, 2008

    The Westbrook Planning Board yesterday unanimously approved zoning changes to accommodate the massive Stroudwater Place retail development, according to the Portland Press Herald.

    The Mainebiz News Staff August 20, 2008

  • Developer eyes historic Portland building

    The Mainebiz News Staff August 20, 2008

    The Maine College of Art has lined up a buyer for the Baxter Building in downtown Portland that plans to turn the historic building into 25,000 sq. ft. of office space.

    The Mainebiz News Staff August 20, 2008

  • Pier project takes step ahead

    The Mainebiz News Staff August 19, 2008

    The Portland City Council at its Monday meeting approved a preliminary contract with The Olympia Cos. to move ahead with the redevelopment of the Maine State Pier, but some naysayers asked whether the city was too generous with the developer.

    The Mainebiz News Staff August 19, 2008

  • Maine foreclosures continue to increase

    The Mainebiz News Staff August 14, 2008

    One in every 2,710 Maine single-family homes was in at least one stage of foreclosure in July, an almost two-fold increase from the same month last year.

    The Mainebiz News Staff August 14, 2008

  • Real estate data from Aug. 11, 2008 | Building permits, sales and leases from the Aug. 11, 2008, issue of Mainebiz

    August 11, 2008

    Sales and leasesâ€&Copy; Portlandâ€&Copy; Lessee: J. Meade Design 219 Anderson St.
Square feet: 1,740
Lessor: Chadballs Holdings


    August 11, 2008

  • Good deeds? | The good and bad of using real estate as an economic development tool

    Whit Richardson August 11, 2008

    Flipping real estate is not usually considered a traditional economic development strategy. Still, it’s one that several economic development organizations throughout the state are using in order to create jobs for their communities.

    Whit Richardson August 11, 2008

  • From the mailroom to the corner office | Employees who spend their careers at a single company are a dying breed. But some Mainers are still living the one-company life.

    Whit Richardson August 11, 2008

    One night last spring, CEO Kris Doody emerged from an evening staff meeting at Cary Medical Center in Caribou and took her customary stroll through the hospital’s hallways before heading home.

    Whit Richardson August 11, 2008

  • City extends pier lease

    August 8, 2008

    In a move that may be the first shot in a legal battle with the state, the city of Portland plans to give the Maine State Pier developer an extended lease to the property.

    August 8, 2008

  • Racetrack tries again for slots

    August 7, 2008

    Scarborough Downs plans to push for a large retail and office development in Scarborough if the town approves slot machines at the harness race track.

    August 7, 2008

  • Lawsuit kills Portland condos

    Mainebiz Editorial Staff August 5, 2008

    A project one Portland city councilor yesterday called the "single greatest shot" for transforming the former industrial neighborhood of Bayside is dead after a lengthy court battle ruined its chances of securing financing.

    Mainebiz Editorial Staff August 5, 2008

  • Study: ME banks stable

    August 4, 2008

    Foreclosures in Maine are on the rise, but the trend does not threaten the state's financial institutions, according to a study released last week by the Maine Bureau of Financial Institutions.

    August 4, 2008

  • Developer plans to raze Atrium

    August 1, 2008

    The developer behind the revitalized Auburn Mall recently purchased a dilapidated motel and its nine-acre site at Cook's Corner in Brunswick with plans to raze it for an as-yet unspecified redevelopment.

    August 1, 2008

  • Study: Half of BNAS homeowners may stay

    July 31, 2008

    A survey on the effect the closing of the Brunswick Naval Air Station will have on the local housing market was released Tuesday to a state panel.

    July 31, 2008

  • Brunswick gets downtown grant

    July 30, 2008

    Brunswick has received a $350,000 grant from the Maine Department of Economic and Community Development to help develop Maine Street Station, a proposed train station and shopping center.

    July 30, 2008

  • Biddeford mill project gets $350,000

    July 29, 2008

    The state today said it has given Biddeford a $350,000 Municipal Investment Trust Fund grant to help redevelop its Riverdam Mill and boost its downtown revitalization efforts.

    July 29, 2008

  • Home sales continue downward trend

    July 29, 2008

    Sales of single-family homes in Maine were down 22% in the first six months of 2008, according to a press release from the Maine Association of Realtors.

    July 29, 2008

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Today's Poll

Is your business affected by the government shutdown?
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.

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