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Real Estate & Construction
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The price of preservation: Portland group opposes museum's plan to raze 'historic' building
Laurie Schreiber Updated: October 3, 2023The demolition of 142 Free St. is a key part of the Portland Museum of Art's planned $100 million expansion. But Greater Portland Landmarks argues: “It is critical to maintain the integrity of the district and the buildings within it."
Laurie Schreiber Updated: October 3, 2023
Real Estate Insider Notebook: Luxury treehouses, fast-food expansion and parking garage woes
Peter Van Allen Updated: October 5, 2023A luxury tree house resort gets props, DeStefano & Associates binges on fast-food locations and a Biddeford elected official takes a parking garage to task for not limiting payment options.
Peter Van Allen Updated: October 5, 2023Maine's commercial leases for the month of September 2023
Peter Van Allen Updated: October 4, 2023Every Thursday in the Mainebiz Real Estate Insider a list of commercial leases is published. Here is a roundup of the commercial leases that ran in September 2023.
Peter Van Allen Updated: October 4, 2023
What's cooking in Skowhegan: A shared community kitchen and business incubator by late 2024
Renee Cordes Updated: October 2, 2023The planned facility would be located in a historic downtown building, at 185 Water St.
Renee Cordes Updated: October 2, 2023
Portland’s Bayside Bowl expands with acquisition of SoPo retail building
Laurie Schreiber Updated: October 2, 2023“We have a bunch of leagues ready to go in South Portland,” said owner Charlie Mitchell. Aiming to hit the ground running, “People have expectations of Bayside Bowl.”
Laurie Schreiber Updated: October 2, 2023
A roundup of commercial sales for the month of September 2023
Laurie Schreiber Updated: October 2, 2023Every week in the Tuesday Real Estate Insider, Mainebiz compiles a list of commercial real estate sales. Here is a compilation of sales published in September 2023.
Laurie Schreiber Updated: October 2, 2023
J.M. Arbour Wealth Management cuts ribbon on Gardiner location
Laurie Schreiber Updated: October 2, 2023The firm relocated from Hallowell to quarters large enough for a minimum of 14 office spaces plus conference and meeting rooms.
Laurie Schreiber Updated: October 2, 2023
'Reckless' and unnecessary: Looming federal shutdown sparks business concerns in Maine
Renee Cordes Updated: September 29, 2023Business leaders are worried about the impact of a protracted federal shutdown on some sectors and the state's economy as a whole.
Renee Cordes Updated: September 29, 2023
40 Under 40: Stephen Coston expands his Bar Harbor hotel portfolio
Updated: October 2, 2023Stay Bar Harbor Hotel Group operates 263 rooms in Bar Harbor with another 63 under construction or renovation. It's also expanding outside of Bar Harbor, with 100-plus rooms in the pipeline.
Updated: October 2, 2023
40 Under 40: Sam Hight helps 'drive' Skowhegan-area economy
Updated: October 2, 2023Sam Hight, dealer-principal at the Hight Family of Dealerships, has in recent years turned his attention to economic development and affordable housing.
Updated: October 2, 2023
40 Under 40: Laura Reading is an advocate for affordable housing
Updated: October 2, 2023Significant professional accomplishment: Creating 615 new units of affordable housing in Maine, with another 234 in predevelopment.
Updated: October 2, 2023
40 Under 40: Casey Prentice is a Portland developer and hospitality pro
Updated: October 2, 2023Casey Prentice is a community-minded developer with dreams of building a world-renowned hospitality school in Portland.
Updated: October 2, 2023
Corporate support helped get USM's McGoldrick Center to the finish line
Peter Van Allen Updated: September 28, 2023Even with the doors open at the McGoldrick Center at the University of Southern Maine, donations of all sizes continued to flow in — from Maine banks, businesses and a hospital operator.
Peter Van Allen Updated: September 28, 2023
On MDI, four towns band together to tackle problems of scarce affordable housing
Laurie Schreiber Updated: September 26, 2023The median home price on Mount Desert Island in 2022 was $646,125, while the median household income on MDI in 2022 was $75,889 — less than half of what would be needed to afford such a home.
Laurie Schreiber Updated: September 26, 2023
Exit Key Real Estate relocates office in Shapleigh
Laurie Schreiber Updated: September 25, 2023The business dates back to before the Exit Realty name, when Jane Thomas’s father was known to hold office hours in front of the Sanford Trust Co. building.
Laurie Schreiber Updated: September 25, 2023
Benchmark Real Estate reboots ‘Dream House’ drawing contest
Laurie Schreiber Updated: September 25, 2023The contest aims to inspire creativity among children of all ages.
Laurie Schreiber Updated: September 25, 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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