Laconia State School

[joey2665]

Originally Posted by John Mercier

The "view" is of Lake Opechee toward the Belknaps.
It is across Rte 106... so that part of the property is more prone to commercial development.

The lower cost housing would have less, if any, lake view.
The problem with the property is actually political... less so financial.

I believe that the property actually goes all the way back to Lake Winnisquam water front.


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[TiltonBB]

“There is some concern about the buyer's experience and ability to take on a project of this size,”

An article published in the New Hampshire Bulletin Tuesday outlines the past developments of the proposed buyer. The article highlights that none of the developments are of comparable size to what Alexander has proposed for the State School property and that her largest development project to date, in Manchester, is three years behind schedule and has sparked litigation

https://www.laconiadailysun.com/news...0a2767596.html

[WinnisquamZ]

Originally Posted by joey2665

I believe that the property actually goes all the way back to Lake Winnisquam water front.

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The Winnisquam waterfront is part of the state park acreage.
As many of you have read in my past posting I am against any major development on the site. One concerns I have is the environmental impact it will have to both lakes. Runoff from such a large hilltop development (over 100 acres published) must go somewhere. The local environmentalists have been very quiet. I am hopeful they will voice their opinions as more details are revealed.
Until then I hope to find a unusual bug or fern that must be protected on or near the property!


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[John Mercier]

The parking garage has only a couple options.
Continued maintenance at about $30K per year...
Or a large multi-million dollar bond payable over decades to remove the structure.

[Woodsy]

Originally Posted by John Mercier

The parking garage has only a couple options.
Continued maintenance at about $30K per year...
Or a large multi-million dollar bond payable over decades to remove the structure.

Thankfully, the parking garage boondoggle is stalled as the parking study showed no real need for it. The City is going to revisit the issue.

The parking structure does not have to be removed... sell it to the other owners for a $1 and let them rehab the building. Apartments, Condos, office space...

Woodsy

[John Mercier]

Then take out a $1 and buy it.

[Woodsy]

Originally Posted by John Mercier

Then take out a $1 and buy it.

Sure thing!

Woodsy

[Mr. V]

One question about the proposed development, which would add up to 1900 new housing units: what would attract the buyers to come to Laconia?

Certainly not the prospect of a good-paying job: there is little or no industry or other opportunities, unlike days gone by.

Lots of new residents buy lakefront as a second or third home, but the proposal is for mixed use, meaning mostly non-high end homes.

These new folks will need to work somewhere: where will that be?

*I may be out of touch having not visited for several years, but it seemed to me that Laconia was then in decline*