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Freeport

🔒Freeport approves second housing project for downtown

Depot Terraces is the latest development to get the green light from the Freeport Planning Board. The four-story, 45-unit condominium complex, to be built on Depot Street, got swift approval from the board last week.

L.L.Bean promotes top retail executive Greg Elder to CEO

L.L.Bean has promoted top retail executive Greg Elder to succeed Stephen Smith as president and CEO, the...

Freeport hospitality group continues acquisition and construction expansion

Maine Course Hospitality Group acquired a hotel in Saratoga Springs, N.Y., and is nearing completion of a hotel in Scarborough.

$57M sale of apartment complex in Freeport is Maine’s largest commercial property deal for 2025

The Residences at Crosstree is one of the largest multifamily housing developments in Freeport in recent memory, with 144 units across six buildings.
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Downs developer to build 51-unit apartment building in Freeport

The town identified the parcel as key for housing development and has worked over the last year to create predictable approval processes.

Structuring for success: How one Maine company navigated the ESOP process

There are 6,548 ESOPs in the United States, holding more than $1.8 trillion in assets, according to the National Center for Employee Ownership.

Come for the beer, stay for the ‘whale’ of a display

The young whale, named Finny, stranded in Steuben on Thanksgiving 2023. Maine Beer Co. supported the collection and processing of the skeleton, in compliance with the Marine Mammal Protection Act.

Friday Food Insider: Brunswick-based Bay Bowls will open Freeport cafe, its fourth location

Bay Bowls is a locally owned smoothie and superfood café with locations in Brunswick, Portland, Bath and, by next month, Freeport.
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How to find a succession strategy that’s right for you

An inside look at how Jeff Zachau of Zachau Construction and Laura Pfeiffenberger of Spinnaker Trust worked together to create an employee stock ownership plan, or ESOP.

🔒Newsworthy people and performances for Aug. 11, 2025

A roundup of new hires, promotions and achievements at businesses, law firms, nonprofits, health care institutions, credit unions and professional services firms in Maine.
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