Lgn4 & Community Revitglizgtion
BROWNFIELPS  SUCCESS IN  NEW  ENGLAND
MONADNOCK MILLS
CLAREMONT,  NEW HAMPSHIRE
  Property Details
  Property Address:           Mill and Water Streets, Claremont, NH
  Property Size:   Four mill buildings comprising approximately 2 acres
  Former Use:                              Textile (Cotton) Mills
  Contaminants Found:                    Heavy Metals, Petroleum
  Current Uses:   Mixed Uses Including: Hospitality Suites, Restaurant,
                     Residential, Commercial Space, Parking Garage
  Current Owners: City of Claremont; Monadnock Development, LLC;
                         Sugar Mills Redevelopment Company, LLC
  Project Partners
  US EPA, New Hampshire Department of Environmental Services,
  the Project Development Team (Woven Label, LLC; Claremont Mill
  Redevelopment, LLC; and the City of Claremont)
Motivation for Redevelopment: For more than 50 years, much
of Claremont's downtown had been dominated by underused and
abandoned mill buildings. Since these vacant buildings sat in the heart
of the downtown district, the city wanted to return them to productive
use and get them back on the tax rolls, in a plan to revitalize the area.
Mill buildings not only present unique challenges to redevelopment but
also provide great opportunity for historic preservation and utilizing
existing structures without demolition.
After issuing a series of Requests for Developers (RFD) the city finally
found the right timing and mix of developers to make the project work.
The city's plan targeted four mill buildings in the downtown area:
Mills 2 and 6 (Wainshal Building), the Woven Label Building, Mill 3
(Peterson Building), and the Saw Tooth building.

Property History: Located in Claremont's downtown district on the
banks of the Sugar River, the Monadnock Company's Cotton mills
were the area's primary economic engine as far back as 1837.  For
years Monadnock was the largest textile manufacturer in the Upper
Connecticut River Valley, operating multiple mills and owning a
number of city buildings, until the company was dissolved in  1963.
Afterward, the company's buildings scattered to different ownerships
and varied uses.
In 2002, the city was awarded a $200,000 EPA Brownfields
Assessment grant, which it used to perform environmental site
assessment work on a number of the mill buildings  in the downtown
district, and define areas where cleanup would be needed.

Project Results: Substantial  cleanup was required at the Sawtooth
Mill (about $1.5 million in environmental engineering, and soil and
ground water remediation).  Minimal clean up was required on the
other three mill sites. Underground storage tanks, heavy metals, and
petroleum contaminants were removed using funds  from public and
private sources. In the case of the municipally owned Saw Tooth
Building, the city funded cleanup exclusively.
                     Funding Details
                     EPA Brownfields Assessment Grant:                     $200,000
                     NH DBS State Response  $30,000 for site investigation and UST removal
                       Funding:                 $25,000 for environmental engineering
                     Private Investments:                               $25,000,000
                     Community Development Block            $500,000 to developers
                       Grant Funding :                         $ 1,000,000 to the City
                     Historic and New Market Tax Credits:  Mills 2 and 6 (Wainshal Building)
                                                                    Project Highlights
                       City partnered with the development team and NH DES to get all
                       four mill buildings redeveloped for various reuses
                       City preserved historic features on the Saw Tooth Building (named
                       for its saw tooth roof design)
                       City-owned Saw Tooth Building will satisfy the parking demand
                       created by the other redeveloped buildings
                   Mills 2 and 6 (Wainshal Building): Mills 2 and 6 were redeveloped by
                   Monadnock Redevelopment, LLC for a variety of new uses. The first
                   two floors host a number of hospitality suites, and the third and fourth
                   floors are occupied by the Red River Computer Company, which played
                   a key role in the project's planning and execution.
                   Woven Label: The Woven Label Building was redeveloped by Woven
                   Label, LLC and features a  restaurant on the first floor and hospitality
                   rooms on its upper level. Adjacent to the Woven Label Building, the
                   city constructed a $1.3 million pedestrian bridge across the Sugar River,
                   and a new city park. The bridge  serves as the gateway to the city's new
                   historic mill district.
                   Mill 3 (Peterson Building): Sugar River Mills Redevelopment
                   Company, LLC, owner of Mill 3, has cleaned up and restored the mill
                   with new, energy efficient windows installed throughout the building.
                   ReArch Company, LLC plans to construct a number of condominium
                   units in the building, while leaving the first two floors open for
                   commercial space.
                   Saw Tooth Building: The City of Claremont plans to complete
                   redevelopment of the Saw  Tooth Building in November 2009,
                   transforming the building into commercial units and a multi-level
                   parking garage that will satisfy parking needs for the other three
                   redeveloped buildings. The city  took special efforts to preserve the
                   unique "saw tooth" roof, which was designed to allow more natural
                   light to illuminate the building's interior.
                     Project Timeline
                     2002-2006     Site Assessments Completed on All Four Buildings
                     Summer 2009  Cleanup Completed on All Four Buildings
                     June 2009     Mills 2 and 6 (Wainshal Building) Redevelopment Completed
                     June 2009     Woven Label Building Redevelopment Completed
                     November 2009 Saw Tooth Building Completion Expected
October 2009
Local Contact: KurtBeek, City of Claremont • (603) 542-7030 • kbeek@claremonnh.com

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