Jon Crandall - LAER Realty Partners

Nashua, NH Town Information

Nashua's downtown is a regional commercial, entertainment, and dining destination. Recent plans have incorporated the Nashua River into the design of a pedestrian-friendly walkway. The Nashua Riverwalk is a large, public/private venture funded through the use of Tax Increment Financing (TIF).
The large commercial districts located on Amherst Street (Route 101A) and Daniel Webster Highway are shopping havens, with the one at Daniel Webster Highway, including the Pheasant Lane Mall, attracting many people from Massachusetts taking advantage of the nonexistence of sales tax in New Hampshire.
The city is home to a number of technical firms, including Nashua Corporation, which took its name from the city and river. Nashua Corp. was a leading producer of floppy disks through the early 1990s, making the Nashua name well known in the world of personal computers.
Defense contractor BAE Systems (formerly Sanders Associates), computer firm Hewlett-Packard, Dell, and software company Oracle Corporation are the largest representatives of the high-tech industry prominent in the region. The Boston Air Route Traffic Control Center is located in Nashua.
The city is in the process of building what many locals call the "Broad Street Parkway", a major highway development that will connect Nashua's Welcome Center off Exit 6 to the city's downtown area ("Tree Streets" neighborhood), with the goal of easing traffic congestion and opening up Nashua's old mill-yard as part of the city's economic development. Work on the project is expected to start in May 2011 and be completed by 2014. The new Parkway will provide a third crossing of the Nashua River, and a way for traffic to avoid Library Hill, a busy downtown intersection. The idea of a road connecting Broad Street with Hollis Street within the city has been discussed since the 1960s.
The city is currently working with Renaissance Downtowns, a Plainville, New York development company, to develop a mixed commercial and residential development on 26 acres (11 ha) of city and privately owned land off Bridge Street. A riverfront location and proximity to downtown have made the site attractive to developers. The property is a half mile from Main Street and lies along the Nashua and Merrimack rivers near Veterans Memorial Bridge, the eastern gateway to the city.


Source: Wikipedia


Image: "Nashua NH Main Street 50" by Jon Platek - Own work. Licensed under CC BY-SA 3.0 via Wikimedia Commons.