Railroad Land - Keene, New Hampshire

In 2005, Monadnock Economic Development Corporation (MEDC) was awarded the redevelopment of a blighted six-acre site in the heart of Downtown Keene known as the Railroad Land [by the City of Keene].  In 2006, MEDC purchased the site from the City and worked as Railroad Land Development LLC, to define the environmental issues on the site and remedy the contamination on the site.  Since purchasing the site, the redevelopment project has evolved to include a mixture of not-for-profit and for-profit entities consisting of a Courtyard by Marriot, Keene Senior Housing, Southwestern Community Services, First Course and Railroad Street Condominiums and office space [with Cheshire Medical Center occupying the first floor].  

The project consists of five buildings containing 167,000 square feet of total space and pledges the creation of 75 new jobs, 24 new apartments for low income seniors, 8 new units of market rate residential condominiums and office space for sale or lease.    Total investment is roughly $13,500,000 by way of a multitude of loans and grants. This redevelopment and revitalization project promises to assist traditionally underserved people in the Keene area by creating jobs, providing better access to services and offering availability of affordable housing. 

Click the image above to see a full-sized PDF file for the Railroad St. development