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Real Estate & Construction
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Maine Seacoast Mission’s $1.8M upgrade of Downeast campus is underway
Laurie Schreiber March 28, 2024The first phase, soon to be completed, includes a center with an administrative wing, program staging area and new food pantry with more storage area and community space.
Laurie Schreiber March 28, 2024
USM, Consigli top off Crewe Center for the Arts
Peter Van Allen March 28, 2024The traditional 'topping off' ceremony marked the addition of the last structural beam in the future Crewe Center for the Arts on the University of Southern Maine campus.
Peter Van Allen March 28, 2024
Branching out: In an age of banking apps, institutions grapple with physical footprints
Laurie Schreiber Updated: April 1, 2024Banks across Maine are looking to right-size their footprints and tap new market opportunities, with changes that include expanding some facilities and consolidating others.
Laurie Schreiber Updated: April 1, 2024
Riding out the storm: Amid economic uncertainty, Maine banks keep calm and carry on
Renee Cordes Updated: April 1, 2024Maine banks, like ones across the country, are getting impatient for the Federal Reserve to cut interest rates.
Renee Cordes Updated: April 1, 2024
A Look Back: Thompson’s Point has been redeveloped, but not as originally envisioned
Alexis Wells Updated: April 1, 2024We know Thompson's Point today as a vibrant gathering spot with a museum, skating rink, event space and food-and-beverage spots. In 1995, another proposal would have included an aquarium and convention center.
Alexis Wells Updated: April 1, 2024
Real Estate Insider: Portland condo prices continue surge
Peter Van Allen Updated: March 28, 2024The Vitalius Real Estate Group's annual Condo Report highlights Portland condominium inventory, current market conditions, new development and forecasts for the year.
Peter Van Allen Updated: March 28, 2024
Bar Harbor’s 2 scientific research labs approved for $9.6M in federal money
Laurie Schreiber March 27, 2024The Jackson Lab’s $8 million will help build a facility dedicated to rare disease research. MDI Bio Lab’s $1.6 million will support regenerative medicine research.
Laurie Schreiber March 27, 2024
Congress approves $42M for upgrades at 11 Maine hospitals, health centers
Laurie Schreiber March 27, 2024The funding will pay for improvements including expanded emergency departments, enhanced air quality control and upgraded electronic medical records systems and surgical technology.
Laurie Schreiber March 27, 2024
Cianbro brings its construction management group under A/Z brand
Laurie Schreiber Updated: March 25, 2024People know Cianbro as a general contractor but its growth into construction management services isn't always recognized, the company's president says. The goal of the A/Z brand is to eliminate branding confusion.
Laurie Schreiber Updated: March 25, 2024
Portland developer Reveler fulfills 1031 exchange with 2 property deals
Laurie Schreiber Updated: March 25, 2024The seller retains a leaseback on both properties for his architecture and construction firm Barrett Made. The deal between buyer and seller came about naturally as near-neighbors on Hanover Street.
Laurie Schreiber Updated: March 25, 2024
Home prices continue to increase in Maine, but now sales volume is also up
Laurie Schreiber March 22, 2024After 31 months of year-over-year declines in the number of sales, February showed an increase over the sales volume from a year ago.
Laurie Schreiber March 22, 2024
In wake of January storms, Maine's fish wharves and working waterfronts are starting to rebuild
Laurie Schreiber March 21, 2024"Our storage room was completely flooded," said one wharf owner after the back-to-back tempests. "We had floating propane tanks." Grants from the Island Institute will help rebuild infrastructure that's relied upon by 1,195 commercial vessels.
Laurie Schreiber March 21, 2024
Fishing groups pile on against feds’ wind energy area
Laurie Schreiber March 20, 2024Fishery associations said the designation of the area “is the culmination of a rushed development process.” The federal the Bureau of Ocean Energy Management has said the area was selected after extensive stakeholder engagement.
Laurie Schreiber March 20, 2024
Maine brokers talk about how National Association of Realtors might change home-buying here
Peter Van Allen Updated: March 21, 2024Last week the National Association of Realtors agreed to pay $418 million to settle class-action lawsuits over brokerage fees. Mainebiz asked local brokers what changes home buyers in Maine might see.
Peter Van Allen Updated: March 21, 2024
Maine lighthouses, threatened by extreme weather, nominated to world monuments watch group
Laurie Schreiber March 18, 2024“Intentionally built in harm’s way hundreds of years ago, they are threatened today by one of the most rapidly changing and volatile bodies of water on the planet,” said Tara Kelly with Maine Preservation.
Laurie Schreiber March 18, 2024
Feds' proposed site for offshore wind gets mixed grades from labor, lobster trade groups
Laurie Schreiber March 18, 2024Labor groups back a federal designation of an offshore wind site in the Gulf of Maine, but the Maine Lobstermen’s Association still has concerns.
Laurie Schreiber March 18, 2024
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.
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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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