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  2. Finance Committee - Agenda - 11/3/2021 - P22

Finance Committee - Agenda - 11/3/2021 - P22

By dnadmin on Mon, 11/07/2022 - 13:49
Document Date
Thu, 10/28/2021 - 15:05
Meeting Description
Finance Committee
Document Type
Agenda
Meeting Date
Wed, 11/03/2021 - 00:00
Page Number
22
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/fin_a__110320…

Preferred Scheme -- One Site Plan Option will be refined and
illustrated after review. (2 weeks; February, 2022)

o Building Unit and Area Matrix — Provided calculating the unit mix,
unit NSF and building GSF.

o Initial Zoning Analysis — Prepared for review. Nashua Land Use
Code and NHDES regulations shall be reviewed to determine
their impacts to the proposed development plan.

© Based on the Preferred Plan, the civil engineer shall prepare a
Preliminary Site Plan of the intended development. The
infrastructure analysis shall include grading, utilities (electrical,
water, sewer), a preliminary stormwater design and other
elements usually included in a site design. Recommendations for
changes to the layout due to site conditions shall be brought to
the Client’s attention and the necessary adjustments made to
the plan.

© Preparation of a design and permitting timeline will be prepared,
including detailed scope of work.

o 6 street view renderings, one aerial view over google earth,
primary elevations to be provided.

Flip Book - Summarizing the Concept study process and the findings.
The community and stakeholder process and recommendations based
on public feedback will be included in brief.

Design Guidelines — The design team will develop a document that will
provide a framework for the architectural character of future
redevelopment of the Mill Yard. Including diagrams and annotated
photographs, the Guidelines will convey a unified vision for the Mill
Yard’s public realm, preserving the qualities that make it unique, and
allowing for contemporary development to succeed.

Cost Estimate — (Ongoing) Pricing for the Preferred Scheme. Initial
concepts shall be priced based on industry expertise, construction cost
from the Cost Estimating team.

Real Estate Evaluation and Technical Memo for Feasibility/Highest &
Best Use Analysis, Estimation of Potential Disposition Revenue and
Benefits to City (4-6 weeks; January/February, 2022)-The real estate
component of the highest and best use analysis shall entail the following
tasks:

Review background information, tour the site and environs and meet
with City to ensure full understanding of issues and objectives.

Conduct a market assessment focusing on multi-family residential,
drawing on data and insights from the consultant’s recent work in the
market and conducting new research focusing on the opportunity at
the subject site, primarily in the form of high-level interviews with

Page Image
Finance Committee - Agenda - 11/3/2021 - P22

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