Real Estate Development

  • "Elm Grove Companies has turned a building once used for drug and alcohol rehabilitation into a 32-unit mini-flat style apartments, a first of its kind in New Hampshire. With financing assistance from …"
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CRDC considers investing in impactful real estate development projects throughout Merrimack, Hillsborough and Sullivan  Counties. We are actively seeking high visibility downtown projects where CRDC's capital can add value to an important community identified project, with a focus on the following communities: Claremont, Newport, Concord, Franklin and Manchester.

Real EstateAcquisition of Existing Facility

If a commercial real estate broker, developer, or building owner has an interested company seeking to lease a vacant or underutilized building with the possibility of purchasing the facility within 5-7 years, Capital Regional Development Council will consider acquiring the facility for lease to the end user company.

New Construction

If a commercial real estate broker or a public or private owner of an industrial park or other suitable lot (preferably served by municipal water and sewer) has a company interested in a build to suit facility, CRDC will consider constructing the building for lease to the end user company, with the goal of the tenant acquiring the facility within 5-7 years. CRDC will also consider the development of a multi-tenanted facility, if a substantial portion of the building can be pre-leased to end users.

Joint Venture

CRDC will consider any of the above options in a shared partnership with a private developer or municipality, in whatever form is mutually beneficial and meets CRDC's job creation and tax base enhancement mission.


For additional information please contact:

Stephen Heavener
Executive Director
(603) 496-1875