THE MEDO MINUTE

March 1, 2024

Volume 2 No. 9

Economic Development Update Week 9

The MEDO Minute newsletter is an initiative by the Economic Development Office designed to keep you informed about the upcoming events in our remarkable city, along with valuable city news, resources, and updates.

We encourage you to share this email with anyone—residents or tenants in your building, other businesses, or individuals who would benefit from this information. If they want to receive our weekly communications, kindly let us know, and we will gladly add them to our mailing list. Follow us on Facebook, Twitter, and LinkedIn to stay up-to-date with the latest developments, opportunities, and events.

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Best Places To Live in New Hampshire - Livability

Though it may be tiny, these cities are mighty. From seaside towns to historical gems, these are the best places to live in New Hampshire.

Small Business Grant and Program Assistance (SBGPA) Available

In response to the American Rescue Plan Act (ARPA), the City of Manchester is pleased to launch its SBGPA grant program, designed to both provide relief to businesses that have experienced significant negative financial impacts associated with the COVID-19 public health emergency and to allow for investments enabling future pandemic-related resilience of business operations.

Awards for small businesses will range from $2,500 to $10,000, as determined by need, in the form of a reimbursement-based grant. Applicants who meet the program eligibility criteria may be awarded up to $10,000 to advance their small business recovery proposals.

The Economic Development Office has helped Barbershops, Salons, convenience stores, Restaurants, Yoga and Pilates Studios, Retail Stores, and more.

Please visit the City's American Rescue Plan page to access the Small Business Grant Program Guidelines and Application Form.

Landlord Incentive Program Accepting Participants

A landlord incentive program administered by the Manchester Housing and Redevelopment Authority (MHRA) in partnership with the City of Manchester is now open to local landlords who are interested in participating in the Section 8 Voucher Program.

MHRA is offering up to $3,000 per housing unit and up to $10,000 for each residential property to be used in the repair of housing units to comply with Housing Quality Standards, making them eligible as rental units for Section 8 Voucher holders.

For contact information and additional details, please reference the program flyer found here.

Featured Properties

Manchester, NH, has some incredible opportunities to grow your business with some amazing spaces available. Each week, the Manchester Economic Development Office will feature a new property available for either lease or sale.

COMMERCIAL RETAIL SPACE, located at 575 St. Willow St. for Lease.

This retail/office unit (F6) is located on the 1st floor and has an open concept with 2 bathrooms and approximately 973 SQ. FT. Great Signage, and plenty of on-site parking.

Interested? Give us a call or send us an email and we will make a connection to the Realtor for you.

Downtown Manchester Office, located at 944 Elm St. for Lease

944 Elm Street is the home to the popular Bonfire Country Restaurant and Bar, and Torched Pizza. Office space available on the 2nd floor of this building, with a large, bright and sunny window facing Elm St. Modified Gross lease with tenant responsible for electric, which is also used as the heat source. Common restrooms off the 2nd floor hall. Available space is 510-4,000 SF.

Interested? Give us a call or send us an email and we will make a connection to the Realtor for you.

Development Updates

Lincoln Avenue Capital Project

Progress continues on The Lincoln Avenue Capital 351 and 80 Merrimack St. Project that when completed, will feature 142 units for individuals making anywhere from 0-60 percent of the city’s average median annual income. Click here to view the full story from Manchester Ink Link.

Edge Apartments

Cranes are in the air as construction continues on the new Edge Apartments - a Brady Sullivan Properties Project, located on Sundial Ave and Dunbar Street. When completed, the Edge Apartments will feature160 Units and stand 5 stories tall.

21 and 31 Central St. Project

Machines continue to move on the Grand Central Suites Project that when completed, will feature 77 Units.

75 Canal Street Project

Progress continues on the Jones Street Investments Project at 75 Canal Street in Manchester, NH where when completed, will feature 250 Units. Callahan Construction Managers are working hard to make this design a reality. More to come as this beautiful building takes shape!

View a Time Lapse of the entire Project to date

83 Hanover Street

Opening in May/June of 2024! 40 brand new apartment homes with upscale amenities are being constructed at the former Odd Fellows Building at 83 Hanover Street in downtown Manchester. These cat-friendly studio, one and two bedroom apartments are in the center of the Arts and Theatre District!

Want to learn more about additional projects? Check out all the other projects that are either underway, or in the process of construction or completion. Manchester Ink Link has recently published a complete rundown for you to view here.

Business News

Coming Soon

Bond Brewing and BBQ will soon be re-opening under a different name. Stay tuned, as they are going through a re-branding and will have more information in the coming weeks.
What The Pho - 836 Elm St., former site of Wild Orchid Bakery
The Bagel Cafe - 53 Hooksett Rd.
Raising Cane's - 782 South Willow St. 2024
Rally and Revive Juice Bar - 1358 Elm St.

Manchester-Boston Regional Airport

Manchester-Boston Regional Airport (MHT) is excited to welcome Breeze Airways to New Hampshire with nonstop service to Charleston International Airport (CHS), Orlando International Airport (MCO), and Southwest Florida International Airport (RSW) beginning June 14, 2024. Breeze will also offer one stop/no change of plane BreezeThru service to Tampa International Airport (TPA).

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