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  2. Board Of Aldermen - Agenda - 10/27/2020 - P20

Board Of Aldermen - Agenda - 10/27/2020 - P20

By dnadmin on Sun, 11/06/2022 - 22:54
Document Date
Fri, 10/23/2020 - 14:45
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/27/2020 - 00:00
Page Number
20
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__102720…

Demographics & Housing Market Conditions

Housing Stock

SIXTY PERCENT OF NASHUA’S HOUSING WAS BUILT BEFORE 1970.

Nashua, like most New England

cities, began its development history . . . .
around water and transportation in Residential Units by Year Built

what is today Downtown Nashua Source: City of Nashua Assessor Database, RKG Associates
with many structures dating to the

Year Built of Structure source: City of Nashua ASSOCIATES INC

downtown section of Nashua

contains the largest diversity of Pre-1930 9,505 28%

housing types from single-family, 1931 - 1961 4,584 13% Vem bak
smaller multi-family infill buildings, to

large 50+ unit multi-family buildings. 1962 — 1970 6,518 19% ae 9121950
ne Nashville Historic District is 1971 - 1983 6,222 18% 1931 - 1961
ocated just north of Downtown, sone 4058
beginning in the early 1800's and 1984 - 2019 7,189 21%

expanding considerably in the 1840's Je: Tees
and 50’s as housing was needed to GED 1984-2019

support the growing textile mills.

Residential growth in Nashua occurred in waves radiating out in rings from the downtown
core. As development expanded outward, the development pattern became more suburban
with single-family home subdivisions on larger lots compared to the historic core.
Development after 1970 is most representative of this pattern with larger neighborhoods and
subdivisions planned and built leapfrogging Route 3 to the west.

Since 2010, 70% of all housing units added in Nashua were part of a multi-family apartment
development bringing in close to 1,000 new units in the last ten years. These new projects
have been locating around Downtown and in the southern part of the city along Route 3 in
buildings ranging from 20 units to 88 units in size. As much of Nashua’s land area is already
utilized; the focus on downtown, the TOD overlay districts, and strategic infill is not surprising.

Nashua Housing Study - 17

Page Image
Board Of Aldermen - Agenda - 10/27/2020 - P20

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