This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting.
Link to Full Meeting
At the Milford NH Economic Development Advisory Committee meeting on March 12, 2025, Todd Workman shared his transformative experience in revitalizing Downtown Franklin, sparking interest in similar initiatives for Milford's riverfront. Workman, a Milford resident and real estate investor, recounted his journey from developing a large tract of land near Webster Lake to advocating for community-driven improvements in Franklin.
Workman highlighted the challenges he faced when trying to sell property in Franklin, noting that potential buyers were deterred by the town's neglected downtown area. "I started calling it the village at Webster Lake," he explained, emphasizing the need for a more appealing entrance to attract visitors. His perspective shifted after engaging with local residents, leading him to appreciate the town's unique character and potential.
He described Downtown Franklin as a compact, walkable area with a rich history, yet burdened by absentee landlords and deteriorating buildings. Workman pointed out that property owners were reluctant to invest in repairs due to the economic risks involved, creating a cycle of decline. "If I put a dollar of improvements in, the property goes up 50. So it doesn't make economic sense," he stated, underscoring the need for strategic planning and support to revitalize the area.
The discussion resonated with committee members, who expressed interest in exploring similar strategies for Milford's riverfront development. The meeting underscored the importance of community engagement and innovative thinking in addressing local economic challenges. As Milford looks to its future, the insights from Workman's experience may pave the way for revitalization efforts that enhance the town's appeal and economic viability.
Converted from Milford NH Economic Development Advisory Committee - March 12, 2025 meeting on March 12, 2025
Link to Full Meeting