ICON has assembled the following team for the proposed Nashua Mill Yard Concept
Study:
e Real Estate Development Consultant: Abramson & Associates -- Barry M.
Abramson will provide real estate evaluation of the market and financial feasibility
and highest and best use, estimation of potential disposition revenue and net
benefits to the City and collaborate in concept planning.
e Cost Estimating Team: Harvey Construction Company — Carl Dubois will assist the
team through the early study phases to help guide informed decisions regarding
construction methods and costs.
e Civil Engineering + Site Layout: Hayner/Swanson —Jim Petropulos is currently
working on several similarly scaled projects in the Nashua area, and he and his
team will provide insight in understanding site constraints.
e Legal Consultant: Prunier & Prolman, PA — Andrew A. Prolman will support the
team.
Approach to the Scope of Work
The goal of the Concept Study is to create an inspiring and realistic vision for the reuse
of the 3 % -4 acre Nashua Mill Yard, providing a basis for a future Developer RFP. This
process will involve an iterative development of the site plan, financial evaluations,
conceptual building plans, and imagery. The following proposed approach to scope
and interim deliverables are subject to development through discussion with the City.
They represent what we understand will be needed to develop the final deliverable,
but can be adapted to fit the City’s needs and expectations. More broadly, we will
provide a very high level master plan for the ancillary property owned by the City in
the Mill Yard.
For the sake of cost-effectiveness and given our general understanding of the
development market and site appropriateness, the proposed scope assumes that the
most likely highest and best use will be some form of multi-family residential, with the
analysis focusing on variations of that general use category in terms of:
e Rental versus Homeownership — Market analysis may imply different unit
sizing and parking treatments.
e Building typologies, forms and magnitudes — We will consider wood frame,
podium, modular, townhome, or midrise types of structure, each reviewed for
cost-efficiency and use.
e Parking strategy — Always a primary topic of conversation, what are
minimums required for a marketable development? Is surface parking versus
alternate forms of structured parking viable? The team will review options to
include variations for parking on the site, including surface parking, under a
residential or mixed-use building or in a free-standing deck.
e Mix of Uses — We will explore the possibility of including ancillary other uses
such as ground floor commercial.
