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Proposal would mean 358 condos in downtown Nashua.

The planned transformation of downtown Nashua from a place to shop and dine into a place to live is continuing to take shape with a proposal for 358 riverfront condominiums on Franklin and Front streets.

The Harper Nashua development firm presented its preliminary proposal for the housing and 39,000 square feet of retail space to the planning board earlier this month.

The plan was introduced simply as a discussion item, so no vote was taken on the huge project.

"What we are doing tonight is giving you a preliminary introduction into what I think is very exciting plan that will hopefully make Nashua a viable city for a long time," said Gerald Prunier, a lawyer for the developer.

Prunier said plans call for the construction of three new buildings and the conversion of three former Nashua Corp. buildings into Condos, parking garages and retail space.

The developer bought the property from Grace Fellowship Church, which bought it from Nashua Corp.

The developers intend to tie the project in with the construction of a downtown river walkway and another 162-unit condo project being built by the Stabile Cos. next to the site of Harper Nashua project.

"The idea is to make it a unified waterfront area," Prunier said.

About 55 percent of the units will have two bedrooms, while 45 percent will have one.

Harper Nashua hopes to the have the site plan finalized and ready for a formal presentation to the board by January, Prunier said.

The plans are expected to include at least one restaurant and plenty of space along the Nashua River for passive recreation, he added.

A new boat ramp or wharf could be part of the proposal, he said.
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Title Annotation:by Harper Nashua development firm
Publication:New Hampshire Business Review
Article Type:Brief article
Geographic Code:1U1NH
Date:Nov 24, 2006
Words:284
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