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Development Overview
Mixed-Use Retail Opportunity
Development Overview
T U S C A N V I L L A G E S A L E M , N E W H A M P S H I R E
The OpportunityIntroducing Southern New Hampshire’s premier lifestyle destination featuring authentic
dining, entertainment and first-class retail. Inspired by European design and architecture,
Tuscan Village will offer a unique shopping and culinary experience, drawing visitors from
New Hampshire, Massachusetts and beyond. With preliminary master plan approval already
received, ground breaking is projected for Spring 2017.
New mixed-use development encompassing over 50 acres of land and
totaling 1.2 MSF of retail, hotel and residential
• H O T E L : ±160 rooms
• R E S I D E N T I A L : 300+ units
• R E TA I L : 360,000 SF
Lifestyle-retail environment, offering a mix of national and regional
entertainment, shopping and dining destinations in a boulevard layout
Over half-a-mile of frontage along heavily-traveled Route 28, one of
the premier retail corridors in Southern New Hampshire
Super regional opportunity only three miles from the Massachusetts
border, adjacent to the Mall at Rockingham Park just 0.25 miles off of
Interstate 93 (Exits 1 and 2)
Over 3 MSF of existing retail space within the Salem, New Hampshire
retail market
Plans and permitting near completion, delivery is estimated for
Summer/Fall 2018
Location and Access
S A L E M , N E W H A M P S H I R E
EXIT 2
95
95
95
95
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93
495
495
495
495
293
97
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133
133
1A
1A
113
108
150
150
110111
111
113
113
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110
133
133
133
125
125
38
28
28
28
213
40
111
111A
111A
111A
121A
121A
121A
128
128
28A
28
28
28
3A
3A
3A
3A
3A
102
102
102
28B
28B
121
121
107A
107A
286
88
84
111
125
107
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113
113
1
3
3
1
1
1
1
SEABROOK
SALISBURY
NEWBURYPORT
NEWBURY
ROWLEY
HAMILTON
BOXFORD
GEORGETOWN
SALEM
BALLARDVALELOWELL
DRACUT
PELHAM
MA
SS
AC
HU
SE
TT
SN
EW
HA
MP
SH
IRE
MASSACHUSETTSNEW HAMPSHIRE
MASSACHUSETTSNEW HAMPSHIRE
NASHUA
MERRIMACK
DERRY
CHESTER
DANVILLE
PLAISTOW
NEWTON
MERRIMS=AC
AMESBURY
KINGSTON
HAMPSTEAD
WINDHAM
LONDONDERRY
TYNGSBOROUGHANDOVER
LAWERENCE
METHUEN
GROVELAN
HAVERHILL
EXIT 1
Demographics
Location Highlights• At just three miles north of the Massachusetts/New Hampshire
border, Tuscan Village is positioned to be a major draw to
retailers from the tax-incentivized customer
• Situated between two exits off Interstate 93, the site is
convenient and easy to access from all directions directly along
Route 28, adjacent to The Mall at Rockingham Park, one of
New England’s top malls and the largest in the state of
New Hampshire
• Easements offer direct access to/from Mall Road and
Rockingham Park Boulevard, easily capturing the
regional customer
• Established as a portion of the well-known Rockingham Park
Racetrack, making this an iconic and highly sought
after destination
3 Miles 5 Miles 7 Miles
2016 ESTIMATED POPULATION 31,417 120,058 234,302
2016 ESTIMATED HOUSEHOLDS 12,010 42,939 84,062
2016 ESTIMATEDAVERAGE HOUSEHOLD INCOME
$97,339 $84,545 $82,634
2016 ESTIMATEDDAYTIME POPULATION
27,856 52,791 121,419
30 minutes toBoston Logan Airport
(access to site)
(access to site)
20 minutes toManchester Airport
Retail Market
S A L E M , N E W H A M P S H I R E
PREL
LWIT
Z CH
ILIN
SKI A
SSOC
IATE
SAr
chi t e
c tu r
e P l
ann i
ng
I nt e
r i or s
MALL AT ROCKINGHAM PARK
EXIT 3
EXIT 2
EXIT 1
SOU
TH BRO
AD
WAY
MAIN
STREE
T
NO
RT
H BR
OA
DW
AY
1284
225
93
1284
225
93
28
97
28
38
SALEM
WINDHAM
METHUEN
WALMARTSUPERCENTER
Proposed Merchandising PlanRETAIL
RESIDENTIAL45,000 SF
POSSIBLEICE RINK
5,000 SF
MEZZANINE
FIRST FLOOR15,000 SF FIRST FLOOR
12,500 SFSECOND FLOOR10,000 SF SECOND FLOOR
12,500 SF
RETAIL
45,000 SF
RETAIL
RETAIL8,000 SFRETAIL
7,500 SF
TUSCANPRIME
8,000 SFRETAIL
20,000 SFRETAIL
7,000 SF
RETAIL
8,000 SFRETAIL
9,0
00
SF
RET
AIL
4,500 SFRETAIL
CINEMA
15,000 SFRETAIL
2,5000
SF
PL
EA
SA
NT
ST
RE
ET
P L E A S A N T S T R E E T
R O U T E 2 8
T U S C A N B O U L E V A R D
V I L L A G E W A Y
C E N T R A L S T R E E T
MULTI-FAMILYRESIDENTIAL
180 UNITS
TOWNHOMES66 UNITS
A
B
C
D
EF
G
H
IJ
K
L
40,000 SF
GROCERY ANCHOR
FIRST FLOOR7,500 SF
SECOND FLOOR7,500 SF
RETAILFIRST FLOOR
6,000 SF
SECOND FLOOR6,000 SF
RETAIL 2,500 SFRETAIL
1,500 SFRETAIL
2,000 SFRETAIL
4,000 SFRETAIL
2,500 SFRETAIL
5,5
00
SF
3,0
00
SF
3,0
00
SF
2,5
00
SF
3,5
00
SF
3,000 SF
15,500 SFRETAIL
UPPER LEVEL
T U S C A N V I L L A G E
Retail Leasing Expertise
Development Teams
PCA is well known in the Boston area as a design firm with professionals who know what
is required to first meet the initial challenges of permitting, budget and programming, then
once approved and financed, to provide an economical and humanistic design for residential
projects. The firm is consistently successful in the high-risk development world. A design
company that does architecture, PCA is an experienced team partner for developers who
need design thinking that helps meet business goals.
MHF is a multi-discipline corporation offering land development, civil engineering,
planning, permitting, and surveying services to our discerning clients throughout New
England. Incorporated for over 20 years, MHF has earned a reputation of design and
permitting excellence.
C B R E / N E W E N G L A N D R E TA I L :
CBRE/New England Retail was formed in 2009 to create the premier retail service
provider for its clients. CBRE/NE Retail combines the network and resources of the largest
commercial real estate service company in the United States with the focus of local
knowledge and expertise. In today’s challenging market, CBRE/NE Retail provides a one-
stop source for its clients, creating innovative solutions to complex problems facing property
owners and developers.
G R O S S M A N D E V E L O P M E N T G R O U P :
Grossman Development Group is a Southborough, Massachusetts-based real estate
firm specializing in retail and mixed-use development, redevelopment and acquisition.
The principals of GDG have decades of successful experience in creating value through
thoughtful, creative financial and logistical solutions to the many challenges facing real
estate development.
T U S C A N B R A N D S :
Founded by Chief Food Taster Joe Faro, Tuscan Brands is a culinary vehicle for sharing
authentic, artisan Italian experiences through the ‘Holy Trinity’ of eating and drinking,
shopping, and cooking. The first part of Faro’s vision, Tuscan Kitchen, opened in Salem,
New Hampshire in 2010 as a destination for diners to eat & drink their way through
Italy’s diverse regional cuisine. Tuscan Market followed in 2012 as a reimagined Italian
marketplace. Tuscan Brands then expanded to Burlington, Massachusetts, and additional
locations of Tuscan Kitchen & Market are planned for Massachusetts and New Hampshire.
JOHN FERRISFRIST VICE PRESIDENT
JOE FAROTUSCAN BRANDS
HOWARD GROSSMANGROSSMAN DEVELOPMENT
GROUP
PAUL GROSSMANVICE PRESIDENT
Design & Engineering
TuscanVILLAGE
For More Information
John FerrisFirst Vice President+ 1 617 9126871
Paul GrossmanVice President
+ 1 617 [email protected]
CBRE / NE W EN G L AND • 3 3 ARCH STREE T, FLO O R 28 • BOSTO N, MAS SACHUSE T TS 021 10 • 617.91 2.70 0 0, FA X 617.91 2.70 01 • W W W.CBRE-NE.CO M
© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or
representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future
performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent
investigation of the property to determine to your satisfaction the suitability of the property for your needs.
CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
CB Richard Ellis – N.E. Partners, LP, a CBRE Joint Venture
