Walls are being erected at the Exit 17 Market Basket supermarket complex

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Published: 07/17/2021 11:42:21 AM

There is finally something to see at the location of the incoming Market Basket in Penacook. Construction has begun on the buildings at Exit 17 from 1-93 in Concord, which will house a long-awaited supermarket and NH Liquor & Wine outlet. The liquor store is scheduled to open in early 2022 and customers can shop in the new Market Basket in 2023.

According to a report to the city council from Director of Refurbishment and Special Projects Matt Walsh, the liquor store building now has walls and the Market Basket store has a foundation. Construction of the liquor store should be completed by the end of December, Walsh said. The market basket is expected to increase in the spring or summer of next year and will open in the first quarter of 2023.

The new mall, which will include an 80,000-square-foot Market Basket grocery store, a 20,000-square-foot retail tenant and a 13,500-square-foot NH Liquor Commission outlet, will be a public-private partnership with the City of Concord. According to the agreement with Canterbury developers Laurie and David Rauseo, approved by the city council in May, the next phase of the project includes condominiums, additional retail stores, and an emergency and dental practice.

The city’s agreement with Rauseos company Interchange Development includes the construction of two roundabouts, the larger of which is at the intersection of Route 4 and Whitney Road, as well as changes to Exit 1-93 southbound road improvements in Canterbury, and Concord will pay its $ 4.3 million stake by expanding the Penacook TIF District.

The city selected Pembroke construction company FL Merrill, which placed the lowest bid of $ 3.79 million, to complete the road improvements.

“We’ve used it before,” said Walsh. “You did a great job for us.”

Work is expected to commence in late July after FL Merill completes some administrative steps, including obtaining permits from the NH Department of Transportation and the NH Department of Environmental Services. The car traffic roundabout should be operational by mid-December.

At a July 12 meeting, the city council approved minor changes to the development agreement, including providing an easement for a public bus stop on the property for the Belknap-Merrimack Counties, Inc Community Action Program’s upcoming condominium owners and clarifying that Interchange is an irrigation system will install at Whitney Road roundabout, although the city will pay for an aqueduct.

Readers can find out about the construction work on the Facebook page of the supermarket at Exit 17.



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