Work is expected to begin this fall on a $100 million mixed-use development at the entrance of the Merrimack Premium Outlets in Merrimack.
The 20-acre development, called Merrimack Park Place, is being developed by Nashua-based Monahan Companies and constructed and designed by Procon of Hooksett.
The conceptual design features a five-story, 124-room Fairfield Inn & Suites by Marriott with a 5,000-square-foot conference center. Three five-story luxury apartment buildings are planned, offering a combined 192 one and two-bedroom units. Plans also include a 42,000-square-foot office building and 28,000 square feet of street-level retail and restaurants.
Developer Tom Monahan said the project will be “the first live, work and play development of its kind in the area providing an urban-style walkable community.”
He called Merrimack Park Place “a tremendous opportunity to enhance what a great town Merrimack already is. We hope to complement them by creating the type of mixed-use community that they can be proud of in this area and one that attracts and retains talent for the large local businesses.”
After two years of extensive evaluation of various affiliation models, the Littleton Regional Healthcare (LRH) Board of Trustees has chosen Dartmouth Health (DH) as its preferred partner. LRH and DH have signed a letter of intent, which serves as the next step toward LRH joining the Dartmouth Health system.
Gov. Kelly Ayotte led the visit, which included a selection of policymakers as well as businesspeople representing a wide array of enterprises.
Another piece of Chinese owned property in Nashua has come to the public’s attention — the former Daniel Webster College property, encompassing some 52 acres. Nashua Mayor Jim Donchess encouraged the Board of Aldermen on Sept. 9 to pass a resolution giving him the authority to seek state and/or federal funds to purchase the property, currently owned by Xinhua Education Consulting Services Corp.
James “Jim” Loomis, co-founder of Portsmouth-based Bottomline Technologies, passed away on Sept. 6 in his hometown of Dover after a period of declining health. He was 75. After its creation in 1989 with business partner Daniel McGurl, Bottomline became a worldwide leader in automated business payments and cash management.
Encube Labs Founder Rajesh Nair shares updates on his time in Japan, teaching young entrepreneurs how to critically and creatively innovate in their fields
SilverTech CEO Nick Soggu discusses the promise and risks of AI as his Bedford-based agency acquires Paragon, expanding digital experience services and advancing AI-driven innovation.
Educational institutions and hospitals are taking steps to help alleviate New Hampshire’s primary care doctor shortage by trying to expand the pipeline of doctors to help replace those who are leaving.
It’s getting harder for patients to find a doctor as wait times and barriers to access grow
The Latest is a roundup of the comings and goings of the movers and shakers in NH's business community
