Back on the Market! 217 Acres in the Beautiful Lakes Region of New Hampshire

Concord, NH - Today, the Department of Administrative Services announces that the 217 Lakes Region acres that comprise the former Laconia State School property is now back on the market. After much work over the last few years by the State, city, and interested developers who have pored over the property, the site is poised to become perhaps the premierwww.217acresforsalelaconianh.com.

"The opportunity to redevelop the Laconia State School property into a vibrant economic and community center is immense," said Governor Chris Sununu. "The hard work has already been done to prepare the property for sale. I remain optimistic that another buyer will see the opportunity, and when they come knocking, we stand ready to move quickly."

The state has been actively moving toward redevelopment of the property following years of work by the Lakeshore Redevelopment Commission. A promising development had done more than a year's worth of work and coordination with the state and city before the previous buyer was unable to fulfill the terms of the sales agreement.

"The possibility of this unique property in this amazing location being back on the market has generated a remarkable amount of interest," said Charlie Arlinghaus, Commissioner of the Department of Administrative Services. "I think the next chapter of this story promises to be something good for the State and Great for Laconia. I'm excited about the possibilities."

Interested parties are being encouraged to visit the website and engage through the deal room. A copy of the formal offering memorandum can be found here or on the offer website.

A final deadline for proposals has not yet been announced. Questions regarding the project can be directed to Charlie Arlinghaus, Commissioner of the Department of Administrative Services, at [email protected].