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Sunday, July 20, 2014

End in sight for Broad Street Parkway acquisitions in Nashua

NASHUA – The decades-long process of acquiring land to pave the way for the Broad Street Parkway is expected to finally finish this year.

“The acquisitions are wrapping up,” said Chuck Schmidt, administrator of the Bureau of Right of Way at the New Hampshire Department of Transportation. ...

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NASHUA – The decades-long process of acquiring land to pave the way for the Broad Street Parkway is expected to finally finish this year.

“The acquisitions are wrapping up,” said Chuck Schmidt, administrator of the Bureau of Right of Way at the New Hampshire Department of Transportation.

In the late 1990s, the city designated the state department of transportation as its agent to coordinate and execute all eminent domain actions relating to the Broad Street Parkway. After a process that lasted years, nearly all property rights have been secured.

The state finished two of the final transactions in the fall, securing the rights to build on 38 Front St. and 0 Pine St. Ext. The state also has acquired the rights to build on six other parcels, although compensation is still being determined for those areas.

One of the final pieces of the puzzle is securing a deal with the owner of the land at 33 Pine St. to impact a small section of the property. The area currently houses Saigon Asian Market.

Right-of-way acquisitions were projected to add about $7.6 million to the cost of the estimated $67.3 million project. That figure excludes any properties taken before 2008, when a budget was developed for the project,

As of November 2013, the project had tapped all but about $2.6 million of the funds budgeted for right-of-way land deals.

Project manager John Vancor said with compensation still being determined for some properties, it’s possible the right-of-way deals will run over budget, but he stressed that overall, the project is running well below cost projections. As of this fall, the anticipated cost stood at about $60.5 million.

“I think everybody on the project team has been pretty consistent on trying to save every penny everywhere we can,” Vancor said.