THE SQUAMSCOTT BLOCK
130 Water Street
(corner of Water and Front Streets)
Exeter, NH
The Squamscott Block is The Szanton Company's first project outside of Maine. Its purposes are: 1) to address the severe lack of affordable rental housing in Seacoast New Hampshire; 2) to add vibrancy to Exeter's downtown retail district; 3) to fill a "gap" in the streetscape of one of Exeter's most important and beautiful streets; and 4) to promote "smart growth" by adding density where there is already development and public infrastructure.
Previously a surface parking lot next to Exeter's historic Town Hall (1856), the Squamscott Block is on the site of two historic structures torn down in the mid-20th century to make way for parking. Both structures provided housing on their upper floors and retail space at street level, as does The Squamscott Block. Opened in September 2007, the four-story building features 30 one and two-bedroom apartments and 2,600 square feet of retail space along busy Water Street. Sixteen of the apartments rent to households with incomes below 60% of the area median. The other 14 rent at market rates. Two levels of parking which provide 36 spaces for the 30 apartments, are almost entirely hidden from public view.
The building features 20 one-bedroom and 10 two-bedroom apartments. Each bedroom has a walk-in closet, as does each unit's front hall. All two-bedroom units feature two full bathrooms. The building includes on-site laundry facilities, an elevator and dedicated inside bicycle storage.
Designed by Archetype, P.A., Portland, ME, and built by North Branch Construction, Concord, NH, the project was financed by New Hampshire Housing, the town of Exeter, NH, the New Hampshire Community Development Finance Authority, TD Banknorth, Unitil, and HUD.
For detailed rental information, please call MB Management Company at 603-580-2518 and ask to speak to a member of The Squamscott Block leasing team.
Or visit:
http://www.mbmanagement.com/squamscott/