Surplus Right-of-Way Property Development

The City of Nashua is seeking proposals from real estate developers to purchase and develop approximately 4.020 acres of surplus right-of-way property off Veterans Memorial Parkway, including mixed-use or residential development, stormwater mitigation, and potential environmental remediation.

City of Nashua > Purchasing Department


General
Open
RFP0742-092626
Sep 29, 2026 03:00 PM
Sep 04, 2026 05:00 PM
Request for Proposal (RFP)
Local
Ask AI about this solicitation
Contact
girarda@nashuanh.gov
229 Main Street, Nashua, NH, USA
Submission Instructions

or

Mail
Central Purchasing, 229 Main Street, Room 11, Nashua, NH 03060
Description

The City of Nashua is seeking a developer to purchase and develop approximately 4.020 acres of surplus right-of-way property off Veterans Memorial Parkway. The selected developer will acquire the property by quitclaim deed, conduct required surveys and due diligence, obtain necessary zoning approvals, permits, and entitlements, and address existing drainage, stormwater, environmental, and subsurface conditions. The property is offered in its current condition, and the developer will be responsible for applicable remediation, mitigation, and related liabilities. The City favors proposals that maximize development potential, tax revenue, and long-term economic benefits; incorporate residential or mixed-use development; support environmental cleanup of the surrounding area; provide a multipurpose path; mitigate stormwater and traffic impacts; and demonstrate financial capacity, relevant development experience, and an achievable project schedule. Proposals must include a development concept, price proposal, comparable experience, qualifications, technical proposal with conceptual plans, project schedule and budget, financial qualifications, tax certification, and the applicable authorization or corporate-resolution form. The price proposal must be submitted in a separate sealed envelope.

Classification Codes
NAICS237210Land Subdivision
PSCE300Purchase of Restoration of real property (public or private). All actions necessary to restore, rehabilitate, or reclaim property.
Smart Codes
real estate developmentproperty acquisitionenvironmental remediation
Specifications
Supply & Service
Timeline
Sep 4, 2026-Open Date
Sep 17, 2026-Optional Pre-Proposal Meeting (optional)
Meeting ID: 603 589 3330; Passcode: 589 3333
Sep 21, 2026-Questions Due Date
Sep 23, 2026-Answers and Clarifications Posted
Sep 29, 2026-Close Date
Requirements
Required
  • General Liability — $1,000,000.00
  • Motor Vehicle Liability — $1,000,000.00
  • Workers' Compensation
Scored
  • Minimum 3 references
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