availability, Maine resident traffic, and tourist destination in Maine.
o Geographically centered in between the state’s three largest population, labor
markets, and business centers in Maine with access to a labor pool of over 265,500 workers
o Number one tourist destination in Maine (for residents and out of state tourists), consisting of 3.5 million visitors each year who spend over $300,000,000 annually in Freeport
businesses
o Home to LL Bean headquarters, flagship store, and Outdoor Discovery School. L.L.Bean
made a re-commitment in 2006 to Freeport in the range of $80 million dollars that will
continue to position the Town as the primary destination in Maine for the long term
o Over 160 attractions within 30 miles of Freeport
o Within 20 minutes of Portland and a diverse and growing medical community, a dozen
colleges, universities, trade schools and technical training centers including Bowdoin
College, numerous cultural and historical offerings, and a variety of housing - and only 2
hours north of Boston.
o Situated in the middle of 4 exits directly off the primary southern Maine coastal
thoroughfare, I295
o 11 miles to the Maine Turnpike, I-95
o Quick access to...
• Portland, it’s International Jetport, International Marine Terminal, and freight and passenger rail service —20 minutes
• Boston—2 hours
• Montreal—5 hours
o On Main Street, the average is 15,000 vehicles per day
o One of highest daily average traffic points on I295:
• Stable, Successful, Vibrant, and Proactive Business Environment
o Strong partnership among LL Bean, the Town of Freeport, and the FEDC
o Thriving and varied economic base – over 400 businesses operating in Freeport and new
businesses opening monthly
o Approximately 7,500 employees in Freeport with an additional 2,000+ seasonal employees
o Strong involvement in and support of business community by Freeport Economic
Development Corporation, Freeport Merchants Association, Freeport Village Community
Property Owners Association, Route One South/Lower Main Street Organization, and
Freeport Community Improvement Association
o One of the most advanced, highly reliable telecommunications and energy utility
infrastructures in the nation
o Continued development and growth including retail, professional, business parks, lodging,
dining, and residential
o Burgeoning creative economy
o Significant, proactive partnerships between businesses and community
o Sites available for new construction
o Zoning Ordinances and Comprehensive Plan accommodate diversification in the business
environment and support multiple business options
o High level of occupancy in commercial properties
o Strong state government support providing business assistance and incentives
o Host to festivals and events year-round celebrating changing seasons and activities
• Sales Statistics
o Average retail sales per square foot are $387.
o Average food and beverage sales productivity in Freeport is about $481 per square foot.
o 12% higher than average mall sales per square foot.
o Total sales were over $317 million in 2007.
o Retail sales were over $241 million in 2007.
• Property/Visibility Availability: Sale and Lease
o Several high quality commercial locations available: buildings or to-build sites immediately
off I295 with marketing/signage opportunities on properties backing up to I295
o FEDC web site home page “Property Search” icon displays all current Freeport commercial
property for sale and lease
o The majority of traffic in Freeport flows along Route One which initially starts off Exit 17 from I295, through the downtown village, and proceeds north to Brunswick. Most
commercial development in Freeport fronts directly on Route One.
• Parking
o Most sites have sufficient parking. In the downtown village, parking is generally shared
across multiple properties. Over 500 new spaces will be added with the completion of
Freeport Village Station in the spring of 2009.
• Quality of Life
o Situated on the beautiful coast of Maine with 23 miles of coastline
o Close to parks, recreational and camping areas, and significant open space—on the coast,
inland, and mountains
o Easy access to historical sites, arts, and theaters
