Freeport may get new theater

posted by CSWalczak on August 19, 2010 at 7:45 am

FREEPORT, ME — The Town Council here has approved $200,000 in tax-increment financing for Boston-based Berenson Associates which wants build a six-screen theater beneath the L.L. Bean outlet store in Freeport Village Station development. The approval, however, was not unanimous. If built, the theater may be named the Nordica which was the name of a theater in Freeport demolished years ago.

“Some residents felt (the original) amounts were excessive,” said Sande Updegraph, executive director of the Freeport Economic Development Corp.

The cinema complex would occupy space under the L.L. Bean outlet store in Freeport Village Station. Yebba said each theater would have a different seating capacity, with a total capacity of about 760.

The theaters would be operated by Massachusetts-based Belmont Capital, which operates the Windham Five Star Cinema, the Wells Five Star Cinema and Bangor Mall Cinemas under the name Your Neighborhood Theaters.

There is more in the Press-Herald.

Theaters in this post

Comments (1)

dfc on August 20, 2010 at 2:49 pm

Is this one of those schemes where the taxpayers get stuck if the movie theater fails?

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