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Freeport considers tax break for L.L. Bean

L.L. Bean is planning to expand its headquarters but the retailer wants an incentive from the town of Freeport

FREEPORT, Maine — L.L. Bean is asking the town of Freeport for a $10 million tax break as part of its headquarters expansion plan. 

In return, the retailer says it will clean up the polluted Concord Brook, create a public trail into the downtown area, and build an events center for the community. 

According to the Portland Press Herald, the company now plans to develop a 400,000-square-foot office complex where its headquarters now exists. The plan is to finish the project by 2024. 

The company did receive conditional approval for the $110 million project from the town’s project design board back in July. However, the proposed tax break is still under discussion. 

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