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New bank proposed for park space in Goffstown

Union Leader Correspondent

December 08. 2017 7:40PM
Developers hope a new bank could be the catalyst for developing the land surrounding Abingdon way. (Melissa Proulx/Union Leader Correspondent)

GOFFSTOWN — A bank is being proposed for the site of a park that could serve as a catalyst for bringing in more commercial development for that area of town. Plans call for a new building at the site of a park between Mast Road and Abingdon Way.

The park, which features historical monuments, signs, and benches, has been in place for about a decade, but in recent years has become run down and overgrown.

Robert Cruz, who owns the land, said he put the park in place after he saw similar sites in New York for people to visit and hang out.

But the Abingdon Way park is not being used, and Cruz said the property is starting to become a dumping ground.

“Every couple of weeks, we’ll go through and pick up what is an increasing number of beer bottles and liquor bottles,” he said.

“The park has become unsustainable,” Cruz said. “The park is out of business.”

The bank would be about 2,100-square-feet, with a drive-thru window. Richard Pilla of Paramount Partners, who is helping with the development, said the bank would be a boost for this section of Mast Road, because there aren’t any other full-service banks nearby.

“It’s a small building,” he said. “We feel like it would be an attractive alternative to what is there.”

The park would be condensed, and put on a plot in the back right corner of the property.

“We can create some synergy amongst all these aspects,” Pilla said.

The hope is that the new development will lead to additional economic activity for the area.

Another plot of land sits behind the park, and having the bank could increase interest in developing that site as well, Pilla said.

“We think even though this is a small building, it could be a catalyst to help lead development, get something going to the back portion of the site,” he said.

Developers met with the town’s Planning Board for a conceptual discussion at the end of November. More plans will be coming before the Planning Board in the coming months.

A bank has not yet signed on to the project.

Business General News Goffstown

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