Special Board of Aldermen 09-28-2020 Page 26
Mr. Tobin If everyone can hear me OK, my name is James Tobin | am the Director of Leasing at Brady
Sullivan Properties, large private equity develooment company headquartered in Manchester, but with a
large holding in Nashua and speaking specifically on behalf of Lofts 34 at 44 Franklin Street. The owners of
the company, Shane Brady and Arthur Sullivan who are publicly donors and have participated as part of
the Capital Campaign Fundraising efforts, wanted me to read a letter on their behalf absolutely in favor of
the project itself. So it starts out:
“To the City of Nashua, Board of Aldermen. As many of you know, Brady Sullivan Properties recently
rehabbed the Franklin Street Mill Building and converted it into a residential community as has been done
with several historic mill buildings throughout New England by our ownership group. Perhaps less known is
our continued acquisition of over a quarter of a million square feet of commercial office property int the
Gate City. These developments are a clear testament to our confidence and commitment to the
community in which the constituents here tonight live, work, play and shop. The decision to seize an
opportunity to acquire a sizeable share of both the commercial and residential market in the City came from
the belief in the people of Nashua and the sense of community. Today we firmly believe that the addition
of a Performing Arts Center in Nashua’s Historic Downtown would be another major step toward
neighborhood revitalization and the ever important civic attraction to the areas between Exit 1 and Exit 7
and 8. Nashua undoubtedly has the infrastructure to support the PAC, companies on a local level continue
to grow while Massachusetts based businesses have been begun to look more seriously at the benefits of
operating in tax free New Hampshire. Even those who work in Massachusetts based cities north of Boston
are settling residentially on this side of the border. Between Clocktower Place, Cog Mill, and our new
development on Franklin Street, the number of business people, shoppers and diners is increasing
exponentially year after year. The ripple effect of strategically implementing this type of attraction is
undeniable and would be universally beneficial for what is truly a Great American Downtown. As
committed members of the passionate Nashua Community, it is our sincere hope that the Board
recognizes this unique opportunity presented here in what is without question a paramount decision in the
history of the Gate City for the future of the Gate City.”
Thank you.
Chairman Dowd
Thank you, very much. Is there anyone else that would like to speak in favor of this? Seeing and hearing
no one, | will move on to Testimony in Opposition. Is there anyone that would like to speak in Opposition.
TESTIMONY IN OPPOSITION
Laura Colquhoun Laura Colquhoun.
Chairman Dowd
Can you give me your name and address please?
Ms. Colquhoun its Laura Colquhoun, at 30 Greenwood Drive.
Chairman Dowd
Ok.
Ms. Colquhoun | want the Mayor and the City Officials to know that this PAC is going to go down as the
biggest pink elephant in Nashua. And a lot of Nashua taxpayers do not want this project. | feel sorry for all
residents, especially the young couples because they will not be able to live in Nashua, because the
residential tax will go up so high that they will not be able their property tax. But apparently the Mayor and
the City Officials don’t care. As far as the garage, | think the builder is only coming to Nashua because
