Nashua parkway route change means land for sale
As a result, Galligani is suggesting that city officials authorize the sale of several properties at 1, 7 and 21 Pine St. Ext., 1-3 Everett St., 2-8 Everett St., 2a-2b Stevens Ave., 4-6 Stevens Ave., 83 Pine St. and vacant land off Pine Street.
The property at 7 Pine St. Ext. is a city-owned parking lot that is leased by Riverside Properties of Nashua for $30,000 a year.
Although Alderman-at-Large James Donchess said the parking lot is necessary for occupants of the nearby residential buildings, Galligani stressed that if it isn’t sold now, the money would not be returned.
Located near the Public Service of New Hampshire substation, it may be difficult to develop the site, he said. Still, Galligani said city staff have been in discussions with representatives from PSNH about possibly relocating the substation elsewhere in the millyard where it could expand, although he stressed that notion is still preliminary.
There could be the potential for development of a four-acre site with riverfront views if everything aligns correctly, said Galligani.
According to the proposal, any properties taken by eminent domain must be offered to the original owner at the purchase price before they are appraised and placed on the market. All proceeds will be used for the ongoing Broad Street Parkway project.
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