NH economist lowers forecast for 2026
A key New Hampshire economist has trimmed down to 2.2% his forecast for the growth in the state's economy this for 2026, citing lackluster consumer confidence and the uncertainty of the U.S. war against Iran.
Latest major piece under construction at Tuscan Village
Five-story building to include hotel, apartments, retail, restaurant
An eventual focal point of the mammoth mixed-use development Tuscan Village in Salem is taking shape after a beam-raising ceremony Dec. 3 marking a significant milestone in the construction of a five-story mixed-use building that will include a hotel, apartments and retail space.
The nearly 300,000-square-foot building will feature a 165-room Marriott Hotel, 91 apartments with private underground parking, 30,000 square feet of ground-level retail space, a 12,000-square-foot event and function facility and a 10,000-square-foot Tuscan Brands restaurant with outdoor dining and a rooftop bar.
Hooksett-based construction firm Procon is heading the design-build team, with completion of the project expected to be completed in the spring of 2023.
Since 2017, Joe Faro, president of Tuscan Brands, has been developing the 170-acre property that formerly was occupied by Rockingham Park. Faro’s vision has been to transform the property into a 4 million-square-foot mixed-used regional destination. Two phases of the development have already opened, including residential and office buildings and a wide range of shopping destinations.
