The Concord community wanted to create a “new” Main Street to support mixed-use development, an enhanced sense of place, and an expanded pedestrian and bicycle environment, all while preserving the authentic historic character of the downtown.
The Concord Downtown Complete Streets Improvement Project was a renaissance of sorts, where a surface transportation improvement project took on a number of critical needs and challenges of the community, region, and nation by remaining focused on complete streets solutions and all of the benefits they have to offer the community. With strong leadership from City Council, Concord’s Main Street is now a transformed destination, with the expansion of sidewalk space creating opportunities for gathering spaces, public art, and accessible business entrances.
Remi's Block - Downtown Redevelopment
In February 2016, the developer of Remi's Block (formerly known as the Vegas Block) closed on a 2.8 million dollar financing package for renovations to the property at 148-156 North Main Street. The upper stories of the building were converted into 20 market-rate apartments, with three commercial storefronts located at street level. The City contributed $200,000 to the financing package through its Revolving Loan Fund Program. Further, the City supported the project with a R.S.A. 79-E Tax Relief Incentive benefit, valued at $315,000, and a license for the installation of balconies over the City’s adjacent streets. The project was completed in March 2017 and was fully leased within 23 days.
In the initial phase of the project, the developers built a 31,000 square foot retail development, with tenants that include Chipotle, Vision Works, Mattress Firm, Aspen Dental, and Elements Massage. Developed in partnership with the City of Concord, this project redefined the Loudon Road / D’Amante Drive intersection by providing direct access onto Old Loudon Road, which was a long-anticipated infrastructure improvement.
The developer is proposing to construct two retail buildings totaling 25,304 square feet and one 4,365 square foot restaurant, during the second phase of the project. The anticipated opening for the new center will be in 2018.
Contact the City's Economic Development Director to learn more about other successes and public-private partnerships.