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Old 12-07-2022, 05:38 PM   #1
John Mercier
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Since no one else wants to deal with it...
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Old 12-07-2022, 10:42 PM   #2
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Per Union Leader:

CONCORD — The state Executive Council tabled Wednesday the proposed $21.5 million purchase of the former Laconia State School property after questions arose over the Manchester buyer’s limited commercial development experience.
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Old 12-07-2022, 10:51 PM   #3
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Per Union Leader:

CONCORD — The state Executive Council tabled Wednesday the proposed $21.5 million purchase of the former Laconia State School property after questions arose over the Manchester buyer’s limited commercial development experience.
One thing that must be noted is Sununu anger towards the city of Laconia for identifying the developers lack of experience and legal issues. I find this disturbing.


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Old 12-07-2022, 11:47 PM   #4
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The NH Department of Administrative Services has presumably negotiated the P & S and has done some due diligence before making a recommendation to the EC. Any word on that part of the process?
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Old 12-08-2022, 01:10 AM   #5
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Originally Posted by WinnisquamZ View Post
One thing that must be noted is Sununu anger towards the city of Laconia for identifying the developers lack of experience and legal issues. I find this disturbing.


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Old 12-15-2022, 10:30 PM   #6
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Hosmer and City Manager Kirk Beattie have maintained that no city officials had access to the information necessary to vet Alexander.

https://www.laconiadailysun.com/news...82b01f81d.html
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Old 12-15-2022, 11:09 PM   #7
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Hosmer and City Manager Kirk Beattie have maintained that no city officials had access to the information necessary to vet Alexander.

https://www.laconiadailysun.com/news...82b01f81d.html
Assuming they are correct not sure it would have made a difference. The sale is controlled by the state. Hosmer and Beattie should be directing their displeasure to Kennedy. The area representative on the executive council. He came out again tonight in support of the sale. Voting against the city’s wishes


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Old 12-16-2022, 08:48 AM   #8
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I don't think there are any other real options on the table based on what the City keeps demanding.

The State should be looking out for all residents of the State... not just the city, like the city council is supposed to, and the EC would be looking out for a broad area of constituents.

She is being backed by some big names that don't want to be in the spotlight due to other run-ins with a City Council that has a constituency that is rather chaotic.
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Old 12-22-2022, 07:37 AM   #9
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On Wednesday, a 3-2 Executive Council vote approved a purchase and sale agreement with Legacy at Laconia, LLC.

https://www.laconiadailysun.com/news...830f48889.html
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Old 12-23-2022, 08:52 AM   #10
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“On a 3-2 vote, the Executive Council on Wednesday approved the $21.5 million sale of the former Laconia State School property to private developers despite financial questions about some of the project’s key members. The development will include 340 single-family, duplex or triplex homes, half of which will be priced as “entry-level,” 108 condominiums, 500 apartments — 120 designated as “workforce housing” — and 350 townhouses. The site also will have 360 units of independent living units for seniors, along with 230 assisted-care units, which McCoy will spearhead, according to a spokesman for the developers. Along with housing, the project includes a 1,000-seat convention center and a 250-room hotel, as well as urgent care, child care and pharmacy facilities on site. Half of the property will remain undeveloped and taxed under the state’s current-use law, which values property in its natural state rather than at its potential developable value, officials said.”
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Old 12-23-2022, 09:58 AM   #11
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Quote:
Originally Posted by codeman671 View Post
“On a 3-2 vote, the Executive Council on Wednesday approved the $21.5 million sale of the former Laconia State School property to private developers despite financial questions about some of the project’s key members. The development will include 340 single-family, duplex or triplex homes, half of which will be priced as “entry-level,” 108 condominiums, 500 apartments — 120 designated as “workforce housing” — and 350 townhouses. The site also will have 360 units of independent living units for seniors, along with 230 assisted-care units, which McCoy will spearhead, according to a spokesman for the developers. Along with housing, the project includes a 1,000-seat convention center and a 250-room hotel, as well as urgent care, child care and pharmacy facilities on site. Half of the property will remain undeveloped and taxed under the state’s current-use law, which values property in its natural state rather than at its potential developable value, officials said.”
I haven't seen this much development in the Lakes Region since the 80's and we know what happened then!
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Old 12-23-2022, 11:40 AM   #12
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They will be lucky if half those number of units go in. Same old...ask for 1,000 so you will at least get 500. Everyone thinks they won.
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Old 12-23-2022, 12:57 PM   #13
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It would be a loss to the developer, not the State, if the density is lower than proposed.

More than likely... they will seek higher density with more units to maximize profits.
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