Tasked with helping develop business and industry in the city, Nashua’s Business and Industrial Development Authority (BIDA) — made up of a committee of volunteers with various expertise in development — hosted their second Developers Tour on Wednesday, Nov. 12.
Developers were briefed on the city’s new zoning code and were able to hear from professionals with experience building in Nashua on the challenges, successes and lessons learned before embarking on a tour to visit various sites around the city with potential for new development, such as the Pine Street Extension Lot and the Nashua Public Library, which are both open for Request for Proposals.
“A goal is to show properties that would be impactful developments to the community, but that the city really doesn’t have a plan for because they are privately owned,” Economic Development Director Liz Hannum said. “Maybe in connecting two private entities, we can see more, faster and better developments.”
BIDA invited new and existing developers to the first developers tour back in 2015, which Hannum said was a huge success. Eight properties of interest were visited, six of which have since been developed, or are in the process of being developed, including Lofts 34, The Flats on High Street, Riverfront Landing, Mohawk Tannery, NIMCO, and development on Temple Street.
Planning manager Sam Durfee went over the city’s new land-use code, which the city is aiming to implement in July 2026. The updated code intended to align land-use regulations and zoning ordinances with the vision of the city’s 2021 Imagine Nashua Master Plan, which involves targeting redevelopment and densification of certain areas of the city and reducing the level of nonconformity by aligning the code with the current character of the city.
“We have really great developers in our community already, but we are hoping to diversify who and what type of developments we are seeing,” Hannum said. “For example, we really only have a single affordable developer working in the community, and while they are fantastic, they can only do so much at once, so we’re trying to bring in some new ideas and new developers to complement those we are already working with.”
This article was co-produced by Nashua Ink Link and Granite State News Collaborative and shared with partners in The Granite State News Collaborative. For more information, visit collaborativenh.org.
Tasked with helping develop business and industry in the city, Nashua’s Business and Industrial Development Authority (BIDA) — made up of a committee of volunteers with various expertise in development — hosted their second Developers Tour on Wednesday, Nov. 12.
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