LONDONDERRY — Londonderry’s a town under construction, on the brink of industrial, commercial and residential development projects the likes of which have rarely been seen.
It’s undoubtedly the envy of many other Granite State municipalities, poised to increase its tax base many times over and capitalize on its geographic placement in a thoughtful and much-anticipated manner.
The announcement last week of plans by UPS and Pratt & Whitney to build a 600,000-square-foot logistics center on Pettengill Road was the icing on the cake. But, local and state officials said, it’s far from over. There’s plenty of room left for industrial development and talks are underway for more projects.
The announcement was the third in about six months of significant development in the town’s industrial zone. That brings about 1 million square feet of new construction to an area ripe for development.
Some 1,000 acres, zoned for industrial use, sits just off Interstate 93 and bumps up against the Manchester-Boston Regional Airport, a powerful combination for companies considering relocating to New Hampshire.
Add in Woodmont Commons, what Town Council Chairman Tom Dolan called “the largest single development in the history of state,” and it’s a recipe for growth that may be unprecedented.
Woodmont Commons is a 20-year, 600-plus-acre retail, residential and commercial project that is the town’s first Planned Unit Development.
That alone would be enough for many, but the untapped land on Pettengill Road is ripe for much more.
The UPS facility could bring 200 new jobs in its first year, according to a company spokesman. That’s on top of Federal Express’s plans for a 300,000-square-foot ground facility, that could employ 500, and a Milton CAT equipment facility of about 100,000 square feet.
It could also mean Pettengill Road, truncated well before it reaches the depths of the massive industrial site, could finally be built out.