IF YOU’RE YOUNG and a native Nashuan, then you wouldn’t remember Champagne’s Super Market on East Hollis Street or the large Beebe Rubber Company nearby.
My girlfriends and I would sometimes wander down to the grocery store for snacks after classes at Spring Street Junior High, and we would walk by the Beebe Rubber Co. on Marshall Street. We didn’t know exactly what was going on in the mysterious bluish-colored building, but we liked the name “Beebe.”
It was a subsidiary of the Mohawk Rubber Co. and, from what I learned, produced car parts and other rubber items starting in the 1930s. I believe the building was demolished in 2001.
The groundwater and soil were contaminated, and the site was quite an eyesore for some time. The hazardous waste site property had to be properly treated before a housing development project could ever take shape. And it’s been a long time coming.
Today, the clean 5-acre site is soon to be home to the Marshall Street Apartments, and the tall, gray buildings look good from the outside when driving by. Dick Anagnost of Anagnost Companies is the developer for the project, and he designed the plans for the 152-unit apartment complex comprised of four 4-story multi-family residential buildings.
The sizable housing development at Marshall and East Hollis streets will feature one-, two- and three-bedroom units and will be considered workforce housing. There will be 80 two-bedroom units, 40 one-bedroom units and 32 three-bedroom units.
The total development cost of the Marshall Street Apartments comes to $28,191,474, according to the Aug. 14, 2017, minutes from a meeting held by City Hall’s Human Affairs Committee.
According to the minutes, “All units will be affordable to households earning less than 60 percent of area median income ...”
This is wonderful news for the east side of the city. The development is also expected to improve nearby property values.
And it’s always nice to have an option of choosing to live in a newly constructed building with modern amenities and have it be located with close access to the Gate City’s downtown restaurants, shopping and the like.
The city of Nashua is becoming an expensive place to reside in. According to RentJungle.com, a website that provides the opportunity to search for rental housing, the average Nashua apartment rent this past September was $1,474, compared to a year prior when it cost around $1,394.
The Marshall Street Apartments will not be age-restricted.
Dick Anagnost is well-known in the Queen City. The developer has been influential in the development of more than 500 units of rental workforce housing within the city of Manchester.
Ms. Stylianos is a Nashua native. Her column is published weekly. She can be reached at firstname.lastname@example.org.