By MICHAEL COUSINEAU 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 Comments are closed.
|
Archives
September 2020
Categories
All
|
RSS Feed
