News & Events
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The news and current events page serves to update and inform residents, property owners and visitors of economic development activities taking place in town.
A second Economic Revitalization Zone (ERZ) approved in Londonderry
Londonderry, in its effort to increase economic development activity in town, added a second Economic Revitalization Zone (ERZ) at the Rt. 28/Jack Bridge Road/Page Road area near Exit 5 off of I-93(Click here for map). The new ERZ is over 580 acres in size made up of 28 individual parcels. The NH Department of Resource and Economic Development (DRED) offers this tax credit program as an incentive to help businesses grow in NH. Londonderry's first ERZ was approved by DRED in 2009 in the Pettengill Road area which lies just south of the Manchester- Boston Regional Airport.
As stated on the NH Economy website: (http://www.nheconomy.com/expand-to-nh/incentives.aspx) Economic Revitalization Zone Tax Credits: In an effort to encourage revitalization and create jobs, communities and employers may take advantage of New Hampshire's Economic Revitalization Zone Tax Credits (ERZ Tax Credit) Program. Economic Revitalization Zone Tax Credits, which is a short-term, tax credit against the business profits and enterprise taxes. To qualify, a certain amount of capital investment must be made and the location must meet certain demographic criteria, or be in an unused or underutilized industrial park, or vacant land, or structures previously used for industrial, commercial, or retail purposes but currently not so used, or Brownfield site. The total amount of the credit is $200,000 over five years. Businesses interested in applying for the ERZ Tax Credit must complete Form ERZ-2.
Londonderry businesses located within this new area that plan to expand their existing facility or construct a new facility which create jobs are encouraged to take advantage of the benefits of this new zone. Londonderry Freezer Warehouse Expands again!
On Friday, July 27, 2012, the Londonderry Freezer Warehouse held a grand opening of its new 87,000 SF addition to its facility located at 219 Rockingham Road in Londonderry, NH. The addition is its second since the original 60,000 SF facility was built in 1998. In 2011, with the purchase of a parcel of land adjacent to its existing lot from the Verani Family, construction commenced for another 87,000 square foot (82,000 sq ft footprint) addition bringing the total size of the Londonderry Freezer Warehouse facility to 181, 000 SF. The new building will feature state of the art refrigerated storage, conference facilities, corporate offices, and Quality Assurance inspection rooms. Edward Dougherty, President of the Freezer Warehouse and Highwood Cold Storage, has made over a 300,000 SF investment in Londonderry in total. Bedford Design Consultants, Inc., located in Manchester, NH, provided the site engineering and permitting services to the addition and The Stahlman Group, located in Concord, NH, provided the construction management services. The Town of Londonderry appreciates Edward Dougherty and his staff’s commitment to stay and grow in Londonderry. The Londonderry Freezer Warehouse continues to be a respected business leader within the community.
Individuals in picture from L-R: Giovanni Verani, Prudential Verani, Michael Bergeron, Business Development Manager-NH Dept. of Resource and Economic Development, Katie Weiss, Bedford Design Consultants, Commissioner George Bald- NH Dept. of Resource and Economic Development, Robert Baskerville, President-Bedford Design Consultants, Edward Dougherty, President-Londonderry Freezer Warehouse, NH Senator Sharon Carson, Richard Bott, Stahlman Group, John Robichaud, Controller, Londonderry Freezer Warehouse, Bill Hart, Acting Town Manager and Chris Hansen, Stahlman Group) Airport Area Business Survey
Community Development Department Intern Jeff Belanger, Masters Degree candidate Harvard University, conducted a survey of Londonderry businesses located within the airport area. Londonderry sincerely thanks the 110 businesses for participating in the survey. What was surprising in the results was that 57% of the businesses have resided in the airport area of Londonderry between 10-50 years. 51.4% of the businesses located there because the location was in close proximity of its employees residences (Click here to see full report). The Community Development Department thanks the Londonderry Housing and Redevelopment Authority (LHRA) for sponsoring Jeff Belanger’s internship. The survey provided very useful information in helping Londonderry better understand the needs of the business community. The Manchester Airport Access Road (Renamed to: Ray Wieczorek Drive.) is open!
On November 10, 2011, a ribbon cutting ceremony was organized by the New Hampshire Department of Transportation (NHDOT) to celebrate the opening of the New Manchester Airport Access road, now Raymond Wieczorek Drive. The project originally started in the early 90’s and was originally designed to connect the F.E. Everett Highway to I-93. The pr oject was later scaled down to just provide direct access to the Manchester-Boston Regional Airport and to open up the industrial land south of the airport which is located in Londonderry. The new airport highway was originally scheduled to open in July 2014. NH Department of Transportation was able to secure $15 Million in ARRA funding to help expedite the $170 Million dollar project. Essentially, the funding, mixed with a mild winter, advanced the completion of the project by close to three years.
Londonderry is very excited about the new Airport Access Road because it brings a major roadway to the front door of Londonderry’s Gateway Business District. The town has been working with NHDOT, property owners and utility providers for close to a decade in developing a plan to connect Pettengill Road to the new access road. With project engineering complete and all required state and federal permits in place, the Town now seeks funding to implement its plan. In 2003, Londonderry held a three day design charrette in which PlanNH helped the Town create a vision for the Pettengill Road area. At the end of the charrette process, the experts predicted that the Pettengill Road area could support about 4,000,000 square feet of new commercial and industrial development and the creation of 4,000 to 6,000 new jobs. The Town views the connection of Pettengill Road to the new access road as a continuation of the success the airport area has brought Londonderry over the last decade. Over 1,000,000 square feet of development has occurred in the area south of the airport over the last decade. Businesses such as AES Granite Ridge, Bosch ThermoTechnology, FedEx Ground, Burndy, Insulectro and L-3 Insight Technology are among the additions to Londonderry’s business community. American Tire Distributors
Londonderry welcomes American Tire Distributors to the community. The North Carolina based business will be building its second facility in New England. The 125,000 S.F. building will be located at the end of Jack Bridge Road across from Harvey Industries. It is estimated that the $8 Million project will create 100 construction jobs and 35-40 permanent jobs. The project completion is estimated to be around November/December 2012. CQ Press Selects New Hampshire as the Most Livable State in the Nation for the 5th Time!
New Hampshire ranks No. 1 because it excels in numerous important quality-of-life measures, including low crime, low poverty, high income levels and a well-educated population. Coming in right behind New Hampshire are Utah, Wyoming, Minnesota and Iowa.
The least livable state is Mississippi, a position it has held on this CQ Press list for nine of the last 10 years. Close behind Mississippi are South Carolina, Kentucky, Tennessee and Arkansas.
The most livable states: How does your state rank?
1. New Hampshire
2. Utah
3. Wyoming
4. Minnesota
5. Iowa
6. Nebraska
7. New Jersey
8. Vermont
9. Idaho
10. North Dakota
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