Concord wants New Hampshire building
State to sell building to Concord
CONCORD — The state is about to sell the former Department of Employment Security building on Main Street to the city of Concord for $1.57 million.
The Executive Council is expected to approve the sale today when it meets at 10 a.m. in the State House.
The proceeds from the sale will be used to offset the cost of renovating the agency’s new office — the Tobey Building on the old New Hampshire Hospital grounds.
The city intends to enter a public/partnership to develop the site at 32-34 South Main St.
The 24,000-square-foot building is expected to be torn down and a new structure built on the .75-acre site.
In a letter to executive councilors, DES Commissioner George Copadis notes the city will be responsible for demolishing the building.
The building has an assessed value of $1.75 million, but Copadis said the sale price is consistent with developers’ offers to the city.
The council originally approved the sale of the building in October 2012 along with other DES properties on West Street in Concord and two buildings on Hanover Street in Manchester.