Corporate Center at Horseshoe Pond and Hotel Conference Center

The award winning Corporate Center at Horseshoe Pond is the culmination of several years of a collaborative effort by the City, Capital Regional Development Corporation (CRDC), the Greater Concord Chamber of Commerce, and a number of state and federal agencies.  The City created a $5 million Tax Increment Finance (TIF) District comprised of 40 acres of the North End Opportunity Corridor.  The city acquired the 20-acre former Concord Lumber property for the purpose of developing a conference center to fulfill a great need for additional meeting space in Concord.  The City sold the land to CRDC, who cleaned up and remediated the environmental contamination, demolished the dilapidated buildings, prepared and subdivided the site, and marketed parcels to developers.

The City used Tax Increment Financing to acquire other properties and easements, construct the new Constitution Avenue under I-393 to connect the site to the interstate, reconstruct Commercial Street, put the overhead utility lines underground, construct hiking paths, and landscape the area.

The Chamber, City, and CRDC lead a campaign to raise $4.4 million in private contributions through the New Hampshire Community Development Finance Authority to construct the Grappone Conference Center, named in recognition of the largest contributor.

The above investments have resulted in $40 million in new tax base for the city.  These private developments are shown on the following map.  There are sites for potential future redevelopment.  The next initiative will be to connect Constitution Avenue to Storrs Street and Stickney Avenue to create new redevelopment opportunities.

For further information on this project or to discuss future development opportunities, please contact Carlos P. Baia, Deputy City Manager - Development, at (603) 225-8595 or cbaia@concordnh.gov.  

99 room Marriott Courtyard and Grappone Conference Center                                                    

  For reservations or specific information
  regarding the Marriott Courtyard or
  Grappone Conference Center, please
  call (603) 225-0303.












 

50,000 sq. ft. Multi-Tenant Office Proposed
Medical Office will be similar                                                    

Map of North End Opportunity Corridor