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Liquor Commission authorized to proceed with Hampton welcome-center land sale; seeks minimum $15 million
Summary
The committee approved the New Hampshire Liquor Commission's request to pursue sale and redevelopment of two Hampton welcome-center parcels via an RFP, with the commission retaining the land beneath new store buildings and ramps and seeking no less than $15,000,000 to apply toward retiring bond debt.
Andrew Davis, chief administrator for real estate leasing and development at the New Hampshire Liquor Commission, told the Long Range Capital Planning & Utilization Committee that the commission ran an RFP (RFP 2024-001) to redevelop two state-owned Hampton properties that currently contain northbound and southbound liquor stores on Interstate 95. Davis said the commission received four proposals and is seeking authority to complete negotiations and execute a purchase-and-sale agreement and master development agreement with a minimum price "not to be less than 15,000,000."
Davis said the commission intends to retain ownership of the land directly under the new liquor store buildings and ownership of the ramps and on/off access, while conveying…
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