Nashua Downtown Master Plan
Honorable Bernard A. Streeter, Jr.
Mayor, City of Nashua
Community Development Division
Staff
Katherine E. Hersh
Director, Community Development
Division
Daniel R. DeSantis
Director, Office of Economic Development
Alan S. Manoian
Downtown Development Specialist
Board of Aldermen
Steven A. Bolton
Frederick Britton
Lori Cardin
Scott A. Cote
David W. Deane
Robert A. Dion
Kevin E. Gage
UR EAN DESIGN assocrates Nashua Downtown Master Plan
un — Costs
Appendices (under separate cover)
I Transportation
nm Market Analysis
URBAN DESIGN ASSOCIATES
Table of Contents
Acknowledgements
Executive Summary I
A Vision for the Next Five Years
Site Analysis 9
I X Rays
1m ——_—- Precedents
1m Historic Analysis
The Planning Process 18
I Overview of the Process
1m = Summary of Interviews and
Focus Groups
m1 Urban Design Principles
Market Strategies 26
I Economic Development Strategies
1 Residential Strategies
m Retail and Entertainment Strategies
Nashua/New Hampshire
Nashua Downtown Master Plan
Preparedby URBAN DESIGN ASSOCIATES
Prepared for
City of Nashua, New Hampshire
May 2003
Appendix B
2003 Downtown Master Plan
a
120
TIF DISTRICT
240
Feet
480
Appendix A
District Boundary
AnnualReport
Pursuant to RSA 162-K:11, the City, by and through the Administrator of the District, in consultation with
the Advisory Board, shall prepare an annual report containing the following:
° A Narrative Report on the status of theimplementation of the Plan and a summary of
the work that has been completed within the previous year;
° The amount and source of revenue of the District;
° The amount and purpose of expenditures;
° The amount of principal and interest on any outstanding bonded indebtedness;
1) Negotiate for the acquisition of real property or easements, and sign options and | or purchase
and sales agreements to acquire said property or easements subject to final approval by the Board
of Aldermen;
2) Enter into contracts for the construction of any of the facilities included in the development
program
3) Negotiate and sign, upon the approval of the Board of Aldermen, any contracts relative to the design,
engineering, construction or operations of any phase or component of the activities proposed under
this Plan;
Education Local 52.13
Education State $1.15
Total | $21.76
The estimated impact of tax increment financing on the assessed values of all other taxing jurisdictions
within the City of Nashua is negligible, since the proposed improvements are designed to encourage
commercial investment and lessen the residential tax burden. Thus, these activities will contribute toa
long-term increase in the non-residential tax base at a faster rate than would otherwise be achieved.
