DERRY — A former oil company site is being eyed as a possible spot for additional downtown parking and business.

The town owns the former Difeo Oil land at Central Court. It's being considered as a top contender for a future multi-use building/parking garage.

At last month's downtown civic profile event, residents voted to make parking a top priority as plans move forward to help Broadway thrive.

The land was purchased by the town several years ago as a way to plan for growth in the downtown area.

The lot abuts other town-owned land, for a total of almost 2 acres. The land abuts another parking lot area behind the Depot Square building.

Stuart Arnett of the Arnett Development Group spoke at the civic profile event. He said any remnants or pollution from previous oil company use on the property is long gone.

"Contamination is all cleaned up," he said. "It's a clean sheet of paper."

And that paper is ready to be developed as the downtown work moves forward, he said.

Derry contracted the Arnett Group to help bring more economic development to town. As part of the downtown profile process, residents voted on their top choices for what they think Derry needs most.

Parking, a farmer's market and the formation of a downtown business owners group got the most votes.

The cleanup of the DiFeo property was part of the purchase agreement; in 2008, the town paid $225,000 from the Land and Building Capital Reserve Fund.

A downtown civic profile follow-up event is set for May 17 at 6 p.m. at the Adams Memorial Opera House.

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