Nashua Developers Showcase - Public...
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Nashua Developers Showcase Nashua Office of Economic Development Nashua Business & Industrial Development Authority June 4, 2015
Transcript of Nashua Developers Showcase - Public...
Nashua Developers Showcase
Nashua Office of Economic Development
Nashua Business & Industrial Development Authority
June 4, 2015
PROJECT SNAPSHOTS Nashua Developers Showcase
Nashua Developers Showcase 1
Nashua’s location, high quality of life, low
crime rate and skilled workforce are
certainly noteworthy. Similarly, New
Hampshire enjoys a reputation as a place
that’s easy to do business. Where we
really shine is the personal touch that the
Nashua and New Hampshire team will
provide you through every step of your
investment.
We offer financial resources and
assistance that are designed to help you
grow and thrive. We’d be happy to
discuss these in greater detail so that
they can be structured in a way to enable
your project to launch successfully.
TOOLS FOR SUCCESS Nashua Developers Showcase
Nashua Developers Showcase 3
www.nashuadares.com 4
2 EAST SPIT BROOK ROAD ABUNDANT LAND IN THE HEART OF THE CITY’S RETAIL DISTRICT
Nashua Developers Showcase 5
A Retailer’s Dream 2 East Spit Brook Road is easily accessible from Route 3 (Everett Turnpike) via Exit 1 (Spit Brook Road) and Exit 2 (Circumferential Highway). Daniel Webster Highway is the common frontage for a large majority of retail businesses and is one of the most sought after retail destinations in New England.
This site provides perhaps the last large opportunity for significant retail development in the core of South Nashua. The site also overlooks the Merrimack River.
Infrastructure Investments
Exit 36 South: The City is working collaboratively with the Town of Tyngsborough, MA and the Nashua Regional Planning Commission to develop a strategy to establish a southbound exit for this critical access point. A recent study highlighted the positive impact it would have on traffic relief throughout the corridor.
UNDER
AGREEMENT
TOOLS FOR SUCCESS
www.nashuadares.com 6
2 East Spit Brook Road
Land Area: 41.3 acres
Zoning: General Business (GB)
Permitted Uses: Retail, Commercial
Location: Access to the FE Everett Turnpike via Spit Brook Road (Exit 1) and Exit 2.
Contact Atlantic Management (508) 626-0025 www.atlanticmanagement.com
UNDER
AGREEMENT
LAW PROPERTIES OPPORTUNITY AT THE INTERSECTION OF KEY INFRASTUCTURE
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Trains, Planes and Automobiles Strategically located in the heart of the Amherst Street Commercial District, the Law Properties leverage a superior location just steps away from two exits along the FE Everett Turnpike. Over 42,000 cars per day pass by on busy Route 101A. The complex also features active freight sidings and sits adjacent to the Nashua Municipal Airport.
By 2022, existing leases end, providing the opportunity to master plan this site for a variety of high demand uses. The existing zoning can be modified to create new retail or residential uses based on the developer’s need.
Infrastructure Investments
Amherst St / Charron Ave Improvements: The City of Nashua is collaborating with three private entities to fund a $1.1M improvement project to ease traffic between Charron Ave and Diesel Rd (2015-2016)
Boire Field Runway Expansion: A new, $16M expansion includes a 6,000 foot runway at Nashua Municipal Airport.
TOOLS FOR SUCCESS
www.nashuadares.com 8
Site Information
Land Area: 21.8 acres
Building Area: 320,000 sq. ft.
Zoning: Airport Industrial (AI)
Permitted Uses: Warehousing, manufacturing, industrial, airport –related
Location: Frontage along Route 101A-Amherst Street. Proximity FE Everett Turnpike to Exits 7 and 8 . Adjacent to Nashua Municipal Airport and Hillsborough Branch (Pan Am Railways)
Contact
Brian Law Law Logistics (603) 883-5531 [email protected] www.lawlogistics.com
BROAD STREET DEVELOPMENT EXCLUSIVE ACCESS VIA THE BROAD STREET PARKWAY
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Reclaimed Riverfront The opening of the Broad Street Parkway this fall will breathe new life into a previously secluded 48—acre opportunity along the Nashua River. Improved access and an innovative cleanup plan will transform this former industrial backwater into a unique mixed-use community.
The property, once inaccessible, will now be a prominent address on a new parkway between Downtown Nashua and the highway. The site is currently zoned a mix of general industrial and residential, but is an ideal candidate for rezoning as a mixed use zone. A planned pedestrian bridge will connect this site to Mine Falls Park, Nashua most diverse and popular greenspace.
Infrastructure Investments
Broad Street Parkway: The 1.8 mile, two lane parkway will connect Downtown Nashua and the Millyard with the FE Everett Turnpike near Exit 6. The $82M project will be open in the fall of 2015.
Mohawk Tannery Cleanup: A revised, in-situ cleanup approach will reduce site reclamation costs to as low as $4.5 M (previously $20M+)
TOOLS FOR SUCCESS
www.nashuadares.com 10
Broad Street Development
Land Area: 34 acres
Zoning: General Industrial (GI) and Urban Residence (RC)
Permitted Uses: Residential, Industrial, Commercial
Location: Direct access to the Broad Street Parkway, FE Everett Turnpike via Exit 6
Contact Bernie Plante Melton Associates, LLC (603) 879-9021 [email protected]
Fairmont Meadows
Land Area: 14.05 acres
Zoning: Urban Residence (RC)
Permitted Uses: Residential
Location: Direct access to the Broad Street Parkway, FE Everett Turnpike via Exit 6
Contact Sam Tamposi Tamposi Companies (603) 883—2000
34 Franklin Street THE NEXT GREAT MILL REVITALIZATION STORY IN DOWNTOWN NASHUA
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Dynamic Possibilities Over 310,000 square feet of historic mill space is
located in the heart of the Nashua’s walkable
downtown, with a dramatic view of the Nashua
River. This property is ready for renovation and
transformation in what is an emerging market for
multi-family loft apartments. The dramatic
success of the neighboring Apartments at Cotton
Mill provide a template for how to transform a
Nashua industrial treasure. Approved, Mixed Use
Overlay zoning allows for significant flexibility
from site plan and parking requirements.
Adjacent real estate, including the stately Greeley
House, offer outstanding complementary
opportunities.
Infrastructure Investments
Broad Street Parkway: The 1.8 mile, two lane parkway traverses the western edge of Franklin Street.
Nashua Riverwalk: The 1.6 mile trail links multiple waterfront sites along the Nashua River, connecting residents and employees to Downtown Nashua.
TOOLS FOR SUCCESS
www.nashuadares.com 12
34 Franklin Street
Land Area: 3.39 acres
Building Area: 310,000 sq. ft.
Zoning: General Industrial -Mixed Use (GIMU)
Permitted Uses: Residential, Industrial, Commercial
Location: Direct access to Main Street in Downtown Nashua
Contact Michael Tamposi, Jr. CBRE—New England (603) 792-2602
12-13 Front Street
Land Area: 2.8 acres
Building Area: 5,000 sq. ft.
Permitted Uses: Residential, commercial
Location: Direct access to Main Street
Contact Ronald Fredette KW Commercial NH (603) 540-4489 [email protected]
Bridge Street Waterfront GROWTH ALONG NASHUA’S EASTERN GATEWAY
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Phase One Site Plan The phase one site plan is an excellent market opportunity for immediate buildout of rental product in a natural outdoor environment with waterfront amenities. The 9—acre development site is fully permitted and approved for 228 apartments, a common house, with an upper level 3,500 sq. ft. restaurant.
The development has the option to expand into a fourth multi-family building on the private property owners parcel, with access and easements already coordinated. Future phases provide the opportunity for a total buildout of over 700 units of housing.
Infrastructure Investments
East Hollis Street Roundabout: Design is underway for a new intersection at the foot of the Taylor Falls Bridge, which will improve access to Phase I and move traffic along the busy Route 101a and Route 111 corridors. The $3.5M project is fully funded and will be completed by 2018.
CSO Screening & Disinfection Facility: The City constructed an innovative underground combined sewer overflow facility underneath the planned roadway (completed in 2014)
TOOLS FOR SUCCESS
www.nashuadares.com 14
Bridge Street Waterfront Phase I Land Area: 9.5 acres
Zoning: General Industrial: Mixed Use (GIMU)
Permitted Uses: Residential, Industrial, Commercial
Location: Route 111 (East Hollis Street) and Route 101a (Bridge Street)
Bridge Street Waterfront Phase II & III Land Area: 17.5 acres
Zoning: General Industrial -Mixed Use (GIMU)
Permitted Uses: Residential, Industrial, Commercial
Contact Ryan Porter Renaissance Downtowns, LLC (516) 433-9000 [email protected] www.visualizenashua.com
158-159 Temple St MOVE IN NOW AND WATCH THIS NEIGHBORHOOD BLOSSOM
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158-159 Temple St This high visibility property is an ideal location for
a variety of commercial uses. It consists of a
11,186 sq. ft. industrial building with a showroom
space and a small repair shop situated on 4.4
acres. There is also the possibility of a curb-cut
access to Bridge and Canal Streets.
This site sits at the center of the East Hollis Street
Master Plan study area. The plan anticipates the
transformation of this industrial area into a
thriving, mixed-use destination served by a future
passenger rail station. The plan contemplates tax
increment financing districts to help fund
infrastructure and aesthetic improvements in the
area.
Infrastructure Investments
25 Crown Street: The City purchased the property in 2013 to develop a Downtown train station to be used when passenger rail is extended from Boston/Lowell to New Hampshire. In the mean time, the building will be occupied by MakeIt Labs, NH’s first and largest community hackerspace.
TOOLS FOR SUCCESS
www.nashuadares.com 16
158-159 Temple Street
Land Area: 4.4 acres
Building Area: 14,420 sq. ft.
Zoning: General Industrial (GI)
Permitted Uses: Industrial, Commercial, warehousing
Location: Steps away from Route 111 (East Hollis Street) and Route 101a (Bridge Street), with easy access to both Downtown Nashua and neighboring Hudson.
Contact Michael Tamposi, Jr. CBRE—New England (603) 792-2602 [email protected] www.cbre.ne.com
Millyard Square THE NEW WESTERN GATEWAY TO DOWNTOWN NASHUA
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Mixed-use Mecca Millyard Square is poised to be reborn as a thriving
mixed use destination. The Broad Street Parkway
will dramatically improve access and visibility of
the Nashua Millyard as a new gateway to
Downtown Nashua. Listed on the National
Register of Historic Places, the district displays a
dramatic contrast between nineteenth century
architecture and the bucolic Nashua River.
Exciting opportunities will emerge for loft housing,
high tech startups and the arts, which will create a
premier regional mecca for the live, work, play
sensibilities today’s generations seek. Located
between the beauty of Mine Falls Park, the
Nashua River and bustling Downtown Nashua, the
area is awash with amenities.
Infrastructure Investments
Broad Street Parkway: The 1.8 mile, two lane parkway will connect Downtown Nashua and the Millyard with the FE Everett Turnpike near Exit 6. The project will also clean and transform the Millyard, replacing much of the
TOOLS FOR SUCCESS
www.nashuadares.com 18
1 Pine Street Extension Land Area: 3.5 acres
Building Area: 60,000 sq. ft.
Zoning: General Industrial –Mixed Use (GI-MU)
Permitted Uses: Residential, Industrial, Commercial,
Location: Quick access to FE Everett Turnpike via Exit 6. Steps away from Downtown Nashua
Contact Tom Galligani City of Nashua (603) 589-3260 [email protected] www.nashuadares.com
0 Pine Street Land Area: 3.2 acres
Building Area: 108,000 sq. ft.
Zoning: General Industrial –Mixed Use (GI-MU)
Permitted Uses: Residential, Industrial, Commercial,
Contact Bill Leurs City of Nashua (603) 889.0009 [email protected] www.tamposi-nash.com
Courthouse Circle RESTORING THE LINK BETWEEN DOWNTOWN NASHUA AND THE MILLYARD
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In-town Focus With the introduction of the Broad Street Parkway
just to the West of this site, there is renewed civic
interest in revising existing traffic circulation
patterns to create a more welcoming environment
for pedestrians and visitors entering downtown.
The site includes two parcels. One site, the former
district courthouse, is now privately owned. A
second site, the School Street Municipal Parking
Lot is the focus of a new initiative to expand the
vibrancy of Downtown into the underutilized
blocks of Main Street. The sites could restore
vibrancy and strengthen the western edge of
Downtown.
Infrastructure Investments
Main Street Sidewalk Improvements: The City is poised to complete a dramatic rebuild of the Main Street public streetscape, including new sidewalks, lighting, street furniture and underground infrastructure.
Downtown Circulation Study: Earlier this year, the City completed a blueprint for improving pedestrian, bicycle and vehicular mobility.
TOOLS FOR SUCCESS
www.nashuadares.com 20
School Street Municipal Lot
Land Area: 0.6 acres
Zoning: Downtown 1 Mixed-Use (D1MU)
Permitted Uses: Residential, Commercial,
Location: Quick access to FE Everett Turnpike via Exit 6. Steps away from Downtown Nashua
Contact Tom Galligani City of Nashua (603) 589-3260 [email protected] www.nashuadares.com
25 Walnut Street
Land Area: 1.11 acres
Building Area: 19,080 sq. ft.
Zoning: Downtown 1 Mixed-Use (D1MU)
Permitted Uses: Residential, Commercial,
Location: Quick access to FE Everett Turnpike via Exit 6. Steps away from Downtown Nashua
Contact Rob Parsons (603) 566-3260 [email protected]
NOTES NASHUA DEVELOPERS SHOWCASE
Nashua Developers Showcase 21
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