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Restaurant & Lodging News

L.L. Bean, Legal Seafoods among those eyeing Tuscan Village project, developer says

4/12/2018

 

By MICHAEL COUSINEAU

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​SALEM — L.L. Bean, Legal Sea Foods and Boston Interiors are talking with the developer of Tuscan Village about possibly locating at the nearly $1 billion development.

“It gives New Hampshire a head start into creating its own economic bubble,” developer Joe Faro said during a tour of the site, in the shadow of the Mall at Rockingham Park.

The project, on the former Rockingham Park site, calls for 2.75 million square feet of new development on 170 acres, including 50 acres in North Tuscan Village.

It will create an estimated 6,000 jobs, Faro said.

Upward of 300 people are working on the site now, with 2,000 construction workers expected within the next year, said Faro, CEO of Tuscan Brands Development.

Faro, who lives in Hampton, said the property will produce $10 million in new property taxes yearly.

The first residents to move onto the property — in new apartments with a starting price of about $2,000 a month — are expected in August.

Read more www.unionleader.com


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Picture
  • About
    • Our Team
    • Board of Directors
    • Contact
  • Why Join
    • Membership Application
    • Member Benefits
      • Workers Compensation
        • Quick Quote
      • 401(k) Plan
      • Health insurance Programs
      • Dental & Vision
      • VIP Program
      • NH Flavors
      • Soundtrack Your Brand
      • Pandemic Essentials
    • Member Login
    • Business Members
    • Strategic Partners
    • National Partners
  • COVID-19
    • President's Message
    • Financial Assistance & Relief Funding
    • Navigating a COVID-Positive Employee
    • CONSUMER CONFIDENCE RESOURCES
    • State & Federal Guidance
    • National Partner Resources
  • Advocacy
    • NH Hospitality Advocacy Fund
  • Resources
    • Reopening Directory
    • New Hampshire Hospitality Employee Relief Fund
    • Online Trainings & Webinars
    • The Dish
      • Latest Edition
    • Business Directory
    • Legal Center
      • Legal Partner Content
    • Ask NHLRA
  • Education
    • Education Foundation
    • Scholarships
    • The New Hampshire Promise Certification
    • ServSafe
      • ServSuccess
      • Additional ServSafe Offerings
    • New Hampshire Hospitality Month
    • ProStart
      • Education & Career Pathways
      • Mentorship
      • Invitationals
        • Invitationals Photo Gallery
        • Invitationals Archives
      • Sponsorships
    • ManageFirst
    • Hospitality Career Training
    • Education Providers
      • Secondary Education
      • Post Secondary & Adult Education
  • Careers
    • Industry Overview
      • Career Pathways
        • Lodging Career Paths
        • Restaurant Career Pathways
      • Hospitality Career Guides
    • Professional Development
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      • Community Resources
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  • Events & News
    • Calendar
    • News
    • NHLRA Golf Tournament
    • Stars of the Industry