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Real Estate & Construction
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$2M marsh deal on York River considered critical climate-change safeguard
Laurie Schreiber Updated: February 1, 2024Maine’s North Woods region conjures images of vast forests and abundant wildlife, but southern Maine hosts the state’s highest species and ecosystem diversity.
Laurie Schreiber Updated: February 1, 2024
Biden approves federal disaster assistance for much of Maine in wake of December storm
Alexis Wells January 31, 2024President Joe Biden has approved a federal disaster declaration for Maine to help recovery efforts following the severe wind and rain storms that hit the state in December.
Alexis Wells January 31, 2024With growth in auction business, Tranzon adopts co-CEO model
Laurie Schreiber Updated: February 5, 2024Mike Carey and Samantha Saturley Kelley will oversee day-to-day operations with the goal of driving growth for the burgeoning auction business.
Laurie Schreiber Updated: February 5, 2024The Dunham Group elevates 'high-volume' broker to partner
Laurie Schreiber Updated: February 5, 2024Sam LeGeyt’s promotion reflects his brokerage achievements as well as his leadership and contributions to the Dunham Group, which he joined in 2018.
Laurie Schreiber Updated: February 5, 2024
A roundup of commercial real estate sales for the month of January
Laurie Schreiber Updated: February 5, 2024Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in January 2024.
Laurie Schreiber Updated: February 5, 2024
North Deering flex building sells as investment with space to expand gym business
Laurie Schreiber Updated: February 5, 2024The 87,515-square-foot Northport Business Park property was marketed as conveniently located, climate-controlled, with 18-foot clear height and significant parking and infrastructure.
Laurie Schreiber Updated: February 5, 2024
With deal to buy campus house, UMaine closes the book on fraternity chapter
William Hall Updated: January 31, 2024The former house of Sigma Alpha Epsilon, which shut down in 2018, will be razed to make room for a $8.7 million steam plant expansion on the UMaine campus in Orono. The property owner says the university system isn't paying a fair price.
William Hall Updated: January 31, 2024
Developer pauses storm-damaged Spinning Mill project in Skowhegan
Renee Cordes Updated: January 30, 2024Dash Davidson said he's putting work on hold until he raises more funds to cover the costs of the storm's damage.
Renee Cordes Updated: January 30, 2024
Benchmark Real Estate's next COO brings nearly a decade of industry experience
Alexis Wells January 29, 2024Benchmark Real Estate in Portland, led by Tom Landry, has appointed Courtney Collins as its chief operating officer.
Alexis Wells January 29, 2024
NH developer of Kittery’s Hampton Inn has another project coming, next door
Laurie Schreiber January 29, 2024Kittery is drawing the attention of out-of-state developers. The board approved a boutique inn in December and a hotel, apartment building and commercial building this month.
Laurie Schreiber January 29, 2024
ProsperityME launches initiative to develop affordable housing
Laurie Schreiber Updated: January 29, 2024During the pandemic, it became apparent there weren’t enough rentals for asylum seekers who rely on general assistance funds until they can legally work in the U.S.
Laurie Schreiber Updated: January 29, 2024
Westbrook residential development is nation’s first to use TimberHP's insulation
Laurie Schreiber Updated: January 29, 2024Wood fiber insulation pioneers “a movement toward more energy-efficient and healthier living environments,” said one developer.
Laurie Schreiber Updated: January 29, 2024
Buyer of Kennebunk B&B brings previous hospitality experience
Laurie Schreiber Updated: January 29, 2024The inn was doing good business, but still had a lot of upside, given the size and location of the property, the buyer said. “So I thought, ‘There’s real opportunity here.’”
Laurie Schreiber Updated: January 29, 2024
Forestry fund looks for environmental, financial returns in purchase of 3,000-acre Greenville forest
Laurie Schreiber January 24, 2024Carbon storage, long-term forest health, wildlife habitat, and sustainable timber production are part of the mission for a new “climate-smart” timber investment fund.
Laurie Schreiber January 24, 2024
Team behind Time & Temp conversion gets OK for Brunswick housing development
Peter Van Allen Updated: January 24, 2024Wilbur's Woods, at 0 McKeen St. on 4.87 acres, will feature 21 three-bedroom homes available for sale and an 18-unit multifamily residence, with rental units.
Peter Van Allen Updated: January 24, 2024
Now with $25M in funding, overdue Portland Harbor dredging will finally move forward
Laurie Schreiber January 23, 2024The project will open up piers that haven’t been dredged in more than 70 years and are filling with sediment, decreasing water depths and causing a decline in available berthing for the working waterfront.
Laurie Schreiber January 23, 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.
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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