Concord development expects Market Basket

This graphic shows where the Market Basket will be located in the Concord development.

CONCORD — Market Basket announced plans for a new store off Exit 17 on Interstate 93 last week.

In the meantime, plans for a new Market Basket in Conway are held up by an appeal to the state’s Supreme Court by the owners of a nearby hotel.

Interchange Development LLC and Market Basket announced plans for an 80,000-square-foot supermarket in Penacook, a village in Concord, on Facebook last Friday afternoon.

Construction is expected to start next year with the supermarket opening in 2021, according to developers.

The supermarket, which has nearly 30 locations in New Hampshire, will anchor other commercial uses proposed on the 43-acre site.

“The development is contingent upon construction of intersection improvements at Route 4 and Whitney Road,” wrote owners David and Laurie Rauseo, in the post. “Such roadway improvements are necessary even today, as Route 4 carries over 20,000 vehicles per day.”

Last year, the city rezoned about 25.5 acres at the Rauseos’ request to allow the supermarket and other mixed-use development.

Ward 1 City Councilor Brent Todd told the Greater Concord Chamber of Chamber last month that the development will also include stores, a bank, medical uses and warehouse buildings for a total of 200,000 square feet.

“At full build-out the proposed development will contribute an estimated $35 million to the tax base,” Todd said.

As for the Conway Market Basket, an appeal by Bellevue Properties, owner of the North Conway Grand Hotel, is still pending in Supreme Court.

The company appealed to the Supreme Court after the Superior Court sided with the planning board’s decision to approve the Market Basket project.

Roy Tilsley of Bernstein Shur of Manchester represents Bellevue Properties in the appeal.

“We are in the process of preparing and filing our brief in that case. It is due in the next couple weeks are so,” he said.

“Our concern is that the planning board really didn’t give proper consideration to the internal traffic flow on the site,” he said. “Our hotel is accessed through these properties, and there is a lot going on here.”

Tuesday, November 19, 2019