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Real Estate & Construction
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Real Estate Insider Notebook: Projects in Rumford, Kittery and Biddeford
Peter Van Allen Updated: December 21, 2023A former paper bag-mill in Rumford is converted for office use, a Biddeford mixed-use development moves forward while housing is the need at the Portsmouth Naval Yard.
Peter Van Allen Updated: December 21, 2023Boulos Co. hires bring backgrounds in tech, contracts and cuisine
Laurie Schreiber Updated: December 22, 2023A technology specialist, a contract reviewer and a French Culinary Institute graduate will lend “fresh perspectives and dynamic energy,” the company said.
Laurie Schreiber Updated: December 22, 2023
Holiday Inn tidings: Portland hotel embarks on $1M interior renovation amid event-booking boom
Renee Cordes Updated: December 21, 2023Planned renovations at the Holiday Inn By the Bay include new wallpaper and fresh paint in both the Grand Ballroom and Pre-Function space as well as updated lighting and audiovisual offerings. The project is slated for completion in early February.
Renee Cordes Updated: December 21, 2023
ERA Dawson Bradford moves Rockland location to former MBNA building
Laurie Schreiber Updated: December 22, 2023“We are excited to be part of the waterfront business community in Rockland,” said CEO Julie Dawson Williams. The building hosts a growing number of businesses.
Laurie Schreiber Updated: December 22, 2023
Skowhegan's Spinning Mill redevelopment takes a $3M hit from flooding
Peter Van Allen December 20, 2023Skowhegan's historic Spinning Mill, which was undergoing a conversion to apartments and a hotel, sustained an estimated $3 million in damage from the Dec. 18 storm.
Peter Van Allen December 20, 2023
'Maine Cabin Masters' star expands her business with line of holiday home decor
Alexis Wells Updated: December 19, 2023The home decor line launched in August, and now has added holiday-themed tea towels and ornaments.
Alexis Wells Updated: December 19, 2023
UMaine will build soccer, track complex with $7M gift from New Balance
William Hall December 15, 2023The donation is the second major gift by the Boston-based sports apparel company, which has three factories in Maine.
William Hall December 15, 2023
Labor board says Starbucks needs to reopen a Portland location, but landlord has made other plans
Alexis Wells Updated: December 15, 2023The National Labor Relations Board issued a complaint Wednesday against Starbucks, claiming the coffee chain illegally closed nearly two dozen stores across the country, including one in Portland.
Alexis Wells Updated: December 15, 2023
University of Maine sees success with 3D-printed, sustainable house
Bridget Reed Morawski Updated: December 18, 2023A year after leaving their prototype house outside to face the elements, university engineers say they've achieved a seemingly basic but significant milestone.
Bridget Reed Morawski Updated: December 18, 2023
Portland Sea Dogs may be benched if they don't make costly stadium upgrades
William Hall December 14, 2023The team's president and general manager told Mainebiz that league-mandated upgrades could cost as much as $10 million at Hadlock Field, where the Sea Dogs have played since their first home game on April 18, 1994.
William Hall December 14, 2023
80 rooms with a view: Developer sought to build hotel in Dover-Foxcroft
Renee Cordes Updated: December 13, 2023The Piscataquis County Economic Development Council is looking for developers to build a hotel in Dover-Foxcroft at an estimated cost of up to $18 million. Proposals are due by Jan. 12, and a decision is planned for early February.
Renee Cordes Updated: December 13, 2023
Commercial real estate leases for the month of November 2023
Peter Van Allen Updated: December 13, 2023A roundup of Maine's commercial real estate leases for the month of November 2023.
Peter Van Allen Updated: December 13, 2023
Turnkey homes still selling, but Portland home market starts to soften
Peter Van Allen Updated: December 13, 2023Turnkey homes — those that are move-in ready — are still selling and often garnering bidding wars, while houses that need work are sitting.
Peter Van Allen Updated: December 13, 2023
Two Maine nonprofits to share $170K in funding for rural home repairs
Renee Cordes Updated: December 12, 2023Bangor-based Penquis and Western Community Action, in East Wilton, will each receive $84,829 to cover repairs for eligible low- and very low-income residents in four rural counties.
Renee Cordes Updated: December 12, 2023
US Route 1 in Aroostook County will get $27M in upgrades
Peter Van Allen December 11, 2023The funding will support safety and drainage improvements, road and shoulder reconstruction and the construction of new tie-in roads for driveways and businesses along the corridor, said U.S. Sen. Susan Collins, R-Maine.
Peter Van Allen December 11, 2023
At $9M, home sale in Kennebunkport is said to be record in York County
Peter Van Allen December 8, 2023Even as the market for moderately priced homes may have softened, high-end homes continue to garner top dollar in Maine.
Peter Van Allen December 8, 2023
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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