the city issued an RFP seeking development on a municipal surface parking lot and a 150-room
apartment building is now proposed for the downtown.
The downtown is seeing somewhat of a rebirth with its highest level of occupancy in years. The
small independent merchants and eateries have fended off the pandemic relatively well. There is
no available space on Main Street and with the city’s recent investment in the Nashua Center for
the Arts, the downtown is turning into a cultural hub.
In South Nashua, a key development site is Gateway Hills, a 400-acre mixed-use development and
a crucial stakeholder in Nashua’s high-tech cluster expansion. An existing 750,000 square foot
innovation campus has been enhanced by 540 units of new multifamily construction, 40,000 square
feet of retail space and a recently opened 120-room hotel. New projects that are slated to come on-
line include a brand new 240,000 square foot Research and Development facility, a 100,000 square
foot flex and high-bay warehouse space and additional townhome housing. Nearby, along Daniel
Webster Highway, the Pheasant Lane Mall recently underwent a $20 million renovation project.
The City is constantly seeing companies expand and grow, a sign that the broader national
economy is doing well. Some of our larger employers are adding hundreds of jobs. The City
confirmed companies such as BAE, Oracle, Amphenol, Skillsoft, Dell, Infinio Systems and
Worthen Industries are all adding significant numbers to their respective workforces. Just as
rewarding, smaller and midsize companies are expanding as well. Pfeiffer Vacuum is constructing
a 24,000 square feet building in Nashua that wil! serve as its USA headquarters. Longs Jewelers,
a family-owned jeweler, built a stand-alone building of 10,000 sq./ft. and Prudential Supply, a
linen cleaning company, built a 75,000 sq./ft. Northeast facility. The city is growing and expanding
in many ways.
Nashua actively pursues all available funding opportunities and has been a successful recipient of
federal funding from EPA Brownfield awards, Federal Transportation and Administration Grants,
and Community Development Block Grants. Transportation is essential to the viability of a
community and the quality of life of its citizens. The City continues to make significant
investments and plays an active role in supporting infrastructure improvements, extensions,
expansions and transit. The transit system has been a proven success for over 25 years and
continues to expand its service routes. An extension of the MBTA commuter line from the
Lowell/Boston area to Nashua and potentially further north to Manchester and Concord, remains
under consideration at the Federal, State and local levels. The city is taking proactive steps to move
this along by engaging in a public private partnership to help bring the project to fruition.
Commuter bus service between Nashua and Boston began in February 2007 and has developed a
steady local ridership base, which has exceeded original projections. Lastly, the City acquired a
site for a Park & Ride facility and a potential downtown rail station.
All of the aforementioned factors have contributed to a solid, strong, and diverse fiscal and
economic atmosphere for the City and its citizens.
