Agenda

developers and other knowledgeable sources active or potentially
interested in the local market. This will include a review of supply,
timing/pipeline, market acceptance/performance and other relevant
characteristics of comparable/competitive existing properties and
proposed projects, views on competitive position of potential
development at the subject site, potential interest in the opportunity
by and project preferences of potential developers and bases for
estimates of market rental and condo pricing and other terms, typical

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.

Three alternative development concepts shall be formulated for highest and best use
analysis which shall be evaluated from three perspectives:

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.

1.

Core Project Team

currently working with the City of Nashua on several exciting projects. Our
concept designs are based in our experience and the realities of spatial and
construction requirements, while promoting an engaging vision. Most of our
projects require zoning relief, and we are experienced negotiating needed relief
provisions.

ICON

ARCHITECTURE

101 SUMMER ST
BOSTON MA
02110

ICONARCH.COM
617.451.3333

May 24, 2021

REV October 26, 2021

Kelly Parkinson
Purchasing Manager
City of Nashua

229 Main Street,

Nashua, NH 03060

RE: Proposal for RFP 0022-052421

Architectural Design Services for Nashua Millyard Concept Plan

Dear Kelly:

THE CITY OF NASHUA “The Cate City’

Office of Economic Development

TO: Jim Donchess, Mayor

FROM: Tim Cummings, Economic Development Director

Date: October 25, 2021
RE: Approval of ICON Architecture Contract A Feasibility Study Of
Millyard Land

City of Nashua

Purchasing Department

Administrative Services Division
229 Main Street - Nashua, NH 03060

November 1, 2021
Memo #22-182

TO: Mayor Donchess
Finance Committee

SUBJECT: Feasibility Study for the Millyard land in the amount not to exceed $105,000 funded from

accounts 53142 Consulting Services/Escrow

Please see attached communications from Tim Cummings, Director of Economic Development, dated
October 25, 2021 for project specific details related to this purchase. Below please find a summary of the

13.

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15.

AMENDMENT.

No modification, amendment, or other change to this Agreement shall be effective unless
agreed to in a writing signed by each of the Parties.

NO WAIVER.

Failure or forbearance by any Party to exercise any of its mghts or remedies under this
Agreement shall not constitute a waiver of such rights or remedies in that or any other
instance. No Party shall be deemed to have waived any nght or remedy resulting from such
failure to perform unless it has made such waiver specifically in writing.