Union Leader Correspondent
DERRY -- Construction of a new medical center on Tsienneto Road could begin as early as next month, says the project’s engineer, after state bond approval came through last week.
“It’s pretty much ready to go and just waiting to get the final plan signed,” said project engineer Keith Coviello on Thursday. “Then we’re hoping to break ground in November.”
The project at 14 Tsienneto Road will be constructed by Tsienneto Fourteen Development LLC under the management of Tom Buchanan, the same group that built the nearby Overlook Medical Park at 6 Tsienneto Road.
The building will house, among others, members of the Derry Medical Center, which currently has offices at the Overlook park.
The three-story, 24,000-squarefoot building will receive nearly $5.3 million in state-backed financing through the New Hampshire Business Finance Authority, after Gov. John Lynch and the Executive Council approved the funding last week.
The Derry Planning Board has already approved the plan, said town Planning Director George Sioras, and was just waiting on financing decisions to come through before giving a final signature.
Sioras said the building fits well with the Tsienneto Road area, which was rezoned from residential to light industrial office about 10 years ago, he said.
“I think it’s a great thing,” Sioras said on Thursday. “It’s exactly what we wanted for the area up there.”
And Sioras said he hopes the new construction will draw new businesses to the area and strengthen those already there.
“It’s a positive thing for the area,” he said. “You hope that people will go to some of the nearby businesses in town after work. It’s a secondary benefit to some of the businesses that are there and it might attract others.”
Coviello said construction will likely to take about a year.
The three-story, 24,000-squarefoot building will receive nearly $5.3 million in state-backed financing through the New Hampshire Business Finance Authority, after Gov. John Lynch and the Executive Council approved the funding last week.
The Derry Planning Board has already approved the plan, said town Planning Director George Sioras, and was just waiting on financing decisions to come through before giving a final signature.
Sioras said the building fits well with the Tsienneto Road area, which was rezoned from residential to light industrial office about 10 years ago, he said.
“I think it’s a great thing,” Sioras said on Thursday. “It’s exactly what we wanted for the area up there.”
And Sioras said he hopes the new construction will draw new businesses to the area and strengthen those already there.
“It’s a positive thing for the area,” he said. “You hope that people will go to some of the nearby businesses in town after work. It’s a secondary benefit to some of the businesses that are there and it might attract others.”
Coviello said construction will likely to take about a year.
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