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Real Estate & Construction

US Route 1 in Aroostook County will get $27M in upgrades

Peter Van Allen December 11, 2023

The 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, 2023

Even 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
Child care center in the works for Presque Isle community college

Alexis Wells December 7, 2023

Renovations are underway at Northern Maine Community College to convert an academic building into a child care center.

Alexis Wells December 7, 2023
Maine tops Atlas Van Lines' list of inbound destinations for 2023

Peter Van Allen December 7, 2023

Maine is the No. 1 destination for Atlas Van Lines customers, according to the company's most recent report on migration patterns. Maine also held the top spot in Atlas's 2021 ranking and was No. 2 in 2022.

Peter Van Allen December 7, 2023
South Portland shopping plaza will add a Buffalo Wild Wings GO takeout eatery

Renee Cordes December 7, 2023

The new business, at 180 Waterman Drive in the Millcreek Plaza, will focus on takeout and delivery.

Renee Cordes December 7, 2023
Newsworthy people and performances for Dec. 11, 2023

Updated: December 11, 2023

A roundup of news hires, promotions and professional achievements at businesses and nonprofits around Maine.

Updated: December 11, 2023
Building Business: Reveler, Penobscot General Contractors unveil Bayside project

Peter Van Allen Updated: December 11, 2023

Real estate and construction news from around Maine includes a new apartment complex in Portland’s Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.

Peter Van Allen Updated: December 11, 2023
In Biddeford, a NASA contractor finds it needs more space on Earth

Laurie Schreiber Updated: December 11, 2023

Fiber Materials Inc. manufactures heat-resistant components for the space industry, among others. Business is growing and so are hiring plans, with 40 new jobs expected to come online.

Laurie Schreiber Updated: December 11, 2023
Soaring second-home market lands two Maine counties in national ranking

Peter Van Allen Updated: December 7, 2023

A website that follows the buying and selling of second homes ranked York and Cumberland counties in its top 5. Overall, five New England counties made the top 10.

Peter Van Allen Updated: December 7, 2023
Two Maine-based signage firms are merging to form a full-service company

Alexis Wells December 5, 2023

Following the merger, Welch Sign and Bailey Sign will maintain their brand identities while operating as a unified business.

Alexis Wells December 5, 2023
Hyatt plans to open its second Maine hotel, at Portland International Jetport

William Hall Updated: December 5, 2023

While details are still skimpy, the hotelier says the new Hyatt Studios will be an extended-stay property with 122 rooms.

William Hall Updated: December 5, 2023
Sale of 3-bedroom home in Falmouth illustrates Maine's still-pricey home market

Peter Van Allen November 30, 2023

The home, which dates to 1920 and was refreshed this year, has views of Casco Bay from nearly every room. It has three bedrooms, three bathrooms, two primary suites, a "chef-inspired" kitchen and exterior features including a firepit and patio.

Peter Van Allen November 30, 2023
Real Estate Insider Notebook: The Armature opens; Kittery plans site for nonprofits

Peter Van Allen Updated: November 29, 2023

Real estate news around Maine includes a new apartment complex in Portland's Bayside neighborhood, a home for nonprofits planned in Kittery and awards for construction firms in Fairfield and Portland.

Peter Van Allen Updated: November 29, 2023
F.O. Bailey Real Estate agent team hopes to bridge two markets with new effort

Laurie Schreiber Updated: December 4, 2023

Lauren Jones, a Realtor at F.O. Bailey Real Estate in Falmouth, launched an agent website as a platform to bring together the Maine and New York City markets. The locales have significant populations sharing ties and roots.

Laurie Schreiber Updated: December 4, 2023
For the first time, a Maine ZIP code cracks New England's 50 priciest for home sales

William Hall Updated: November 27, 2023

ZIP code 04110 has previously ranked as Maine's most expensive. After a 60% increase in home prices, it's now one of the most expensive in the entire region.

William Hall Updated: November 27, 2023
Maine manufacturer of high-temp materials will expand, driven by defense, space industries

Laurie Schreiber Updated: November 28, 2023

Fiber Materials Inc. has leased a 52,000-square-foot plant in Biddeford that will ramp up capacity and house a center to develop products for extreme environments.

Laurie Schreiber Updated: November 28, 2023

Most Recent

Grants aim to turn Portland-area 'brownfields' into developments of housing, hotel, child care center

Game on in Gorham at USM's $1.5M 'esports' arena

MEREDA’s fall conference to examine Maine’s housing crisis

Today's Poll

Poll Description

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.

147 Votes
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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.

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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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