City moving forward on Ultima building
Nashua officials and owner of equipment at odds
Staff photo by Damien Fisher Nashua officials want a court order before selling off the equipment inside the Ultima–Nimco facility on the Pine Street Extension, at the south end of the Broad Street Parkway.
NASHUA – After decades of planning and advocacy by city leaders, the 1.8-mile stretch of road known as the Broad Street Parkway opened in Nashua’s Millyard area at a cost of $80 million in December 2015.
Nearly three years later, a dispute regarding property the city took through eminent domain while planning the road continues. Officials never used the parcel of land, on which the Ultima-Nimco building remains, during construction of the parkway.
Now, city officials are hoping to secure a court order regarding the equipment left inside the structure before enacting redevelopment plans.
“They know that these equipments belong to me,” said Anoosh Kiamanesh, the owner of Ultima, a now defunct machine research and development company.
Nashua Corporation Counsel Steve Bolton said the city wants a court order on the ownership of the equipment left inside the building before it can be sold off or otherwise disposed. Court documents indicate the city wants to redevelop the site after resolving this matter.
“We’re trying to get clarification on the ownership of the material and equipment in the building,” Bolton said.
Kiamanesh previously brought a federal lawsuit against Nashua seeking $25 million, while claiming the city destroyed his business. That case was eventually dismissed in Nashua’s favor, while the city now has a judgment against Kiamanesh for about $100,000 in back rent on the property.
The city initially approached in 2000 about taking the property and using it for what was then planned as a four-lane parkway. Nashua paid Kiamanesh $1.2 million for the property, but Kiamanesh wanted money to relocated his business. He estimated it would cost between $20 and $30 million to move all of his machines and equipment.
Kiamanesh said Tuesday he has investors ready to build what he calls a “Nashua Institute of Technology” at the property, and the city is being short-sighted in pursuing the court action.
“They are playing a legal game at the cost of not having this in the city,” Kiamanesh said.
The parkway links the downtown Millyard area to the Frederick Everett Turnpike, while the road is a key component of the city’s plans to revitalize the district.
Damien Fisher can be reached at 594-1245 or dfisher@nashuatelegraph.com or @Telegraph_DF.


