Downtown Laconia Urban Renewal 2020

joey2665 · 10-03-2018, 08:50 AM

I admire your passion and time and effort put into your proposal. However and as someone who owns a large commercial building in downtown Laconia it is far too ambitious.

I am all for a revitalization of the area but not on such a large scale. Your cost projection of 7 million is definitely too low (I have been in the construction business as well as a CPA for over 30 years). I would use a 10+ million dollar number which the city would never recuperate.

I do disagree with Tilton, there are many businesses doing well downtown but as in any city there are others holding on by a thread and a revitalization would certainly help but in the hands of a city that has overspent on the Colonial Theatre and does not seem to want to move into the 21st century this could be a financial disaster.

10-03-2018, 08:50 AM	#11
joey2665 Senior Member Join Date: Sep 2008 Location: Meredith Bay & LI, NY Posts: 3,217 Thanks: 1,212 Thanked 1,009 Times in 649 Posts	I admire your passion and time and effort put into your proposal. However and as someone who owns a large commercial building in downtown Laconia it is far too ambitious. I am all for a revitalization of the area but not on such a large scale. Your cost projection of 7 million is definitely too low (I have been in the construction business as well as a CPA for over 30 years). I would use a 10+ million dollar number which the city would never recuperate. I do disagree with Tilton, there are many businesses doing well downtown but as in any city there are others holding on by a thread and a revitalization would certainly help but in the hands of a city that has overspent on the Colonial Theatre and does not seem to want to move into the 21st century this could be a financial disaster.

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