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Merchants Way Phase II Receives Planning Board Approval

TFMoran worked with Interchange Development, LLC to design and permit Merchants Way, a 200,000sf multi-phase mixed-use development on Whitney Road at I 93 Exit 17. TFMoran’s services included master planning, civil/site engineering, traffic engineering, permitting, and landscape architecture.

The Union Leader recently published a story about the project. Check it out here or continue reading below.


Merchants Way Buildings OK’d

By Jonathan Phelps, Union Leader August 26, 2023

A new development in Concord has gained a lot of attention since a New Hampshire Liquor & Wine Outlet and a Market Basket opened there. But that’s all just part of the project’s first phase.

The second phase of Merchants Way will include an urgent care center operated by Concord Hospital and a mixed-use medical/retail building. The planning board approved the plans on July 19.

“We’ve come a long way in the past couple of years. It’s amazing how much this area has changed,” developer Laurie Rauseo told the planning board last week.

Laurie Rauseo, Interchange Development

No tenants have been announced for the mixed-use building.

Two additional buildings will be considered in the future as part of phase “2C,” and phase three will include an industrial building in the rear of the property.

Service Credit Union and Jersey Mike’s Subs recently opened in the plaza.

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TFMoran Project Featured in ASCE-NH Newsletter

TFMoran’s recent project, Concord Entertainment Venue, is featured on the cover of the ASCE-NH July newsletter. The TFMoran team is providing Civil Engineering, Permitting, Land Surveying, and Landscape Design Services for the proposed Charitable Gaming Hall in Concord, NH. Phase one of the project includes 26,000 sq ft of gaming floor with 450 electronic games, 21 table games, poker rooms, dining options, and space for live music.

TFM is a proud sponsor of The American Society of Civil Engineers, NH Section (ASCE-NH). Many of our civil engineers appreciate the networking and continuing education opportunities it provides.

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NEREJ New Hampshire Seacoast Commercial RE Growth Conference

TFMoran president Bob Duval participated in New England Real Estate Journal‘s New Hampshire Seacoast Commercial Real Estate Growth Summit on Thursday June 8th. Attendees enjoyed a breakfast buffet and networking before two panel discussions about the tremendous growth along the NH coastline. Bob sat on a panel to discuss new developments, exciting projects, housing, changes in zoning, financing and much more! TFMoran also sponsored the event.

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NEREJ Project of the Month: Merchants Way

TFMoran engineers worked with Interchange Development, LLC to design and permit Merchants Way, a 200,000sf multi-phase mixed-use development on Whitney Road at I 93 Exit 17. TFMoran’s services included master planning, civil/site engineering, traffic engineering, permitting, and landscape architecture.

With phase I recently completed, the project is featured as Project of the Month in New England Real Estate Journal‘s February 2023 issue. See the full article on NEREJ or continue reading below.

Project of the Month: Interchange Development LLC Completes Phase I Construction of Merchants Way in Concord, NH

Published February 17, 2023 by New England Real Estate Journal

Interchange Development LLC has completed the first phase of Merchants Way, a new Market Basket anchored shopping center located adjacent to I-93 at Exit 17 in the Penacook area of the city. Phase 1 of the 43 acre Merchants Way development includes a new 81,000 s/f Market Basket supermarket, 22,000 s/f attached HomeGoods retail space, a 13,500 s/f New Hampshire Liquor & Wine Outlet, and a 2,200 s/f Wendy’s Restaurant. The buildings were constructed in 2021 and 2022 along with two private roads, Merchants Way and Interchange Dr., which connect to Whitney Rd. and Rte. 4 next to I-93. The Merchants Way development complements the previously constructed Xtramart/Mobil convenience store with Dunkins and drive thru at Exit 17. 

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Dylan Cruess Featured in NHBR Ask the Experts

Dylan Cruess participated in New Hampshire Business Review‘s Ask the Experts: “Engineering Tech Enhances Project Design in NH”. The article takes a deep dive into recent development projects and the innovative engineering that makes the industry so exciting.

Dylan and other industry experts discuss some of the most interesting engineering projects happening in New Hampshire this year, as well as state-of-the-art design trends, energy efficiency, sustainability, and much more!

Continue reading below, or check out the full section on NHBR!


Ask the Experts: Engineering Tech Enhances Project Design in NH

What are some of the most interesting engineering projects happening in New Hampshire this year?

We are seeing many redevelopment and expansion projects throughout the State for the coming year.  The inventory of previously undeveloped land, especially in Southern New Hampshire, continues to shrink, so many of our larger projects for 2023 are on redevelopment sites where previous buildings will either be removed, renovated, or expanded to create something new.  Redevelopment and expansion projects are particularly interesting because it is necessary to incorporate the existing site conditions and utility connections into the design.

Are you seeing a change in project design as companies downsize, streamline, or expand their capabilities?

Our project design processes are constantly adapting and changing based on the AutoCAD software that we use and the requirements of our clients.  Since the COVID pandemic, working remotely outside of the office has become the norm for our company and in the broader construction industry, so we have expanded our utilization of different online file-sharing and collaboration tools to make working remotely more efficient and most importantly more accurate.

What are the latest state-of-the-art design trends that you’re seeing?

The increasing use of Building Information Modeling (BIM) is the most state-of-the-art design trend that we are seeing.  With high construction costs and supply chain delays, we are seeing more clients utilize BIM to virtually see the future construction of their projects.  Our primary design software, AutoCAD, can merge the designs for different aspects of a project, such as the underground utility connections with the architect’s building design model. The project team can virtually see a 3D model of the future project and determine if any conflicts will arise during construction.

How much emphasis do you see on incorporating energy efficiency and sustainability in upcoming projects?

We see a very large emphasis on incorporating energy efficiency and sustainability in just about all of our projects.  Firstly, over the last 10 years, the international building codes have been updated to include many energy efficiency requirements and standards that were previously thought to be “above and beyond. Also, with energy costs at historically high rates, our Clients are asking us to look into every possible option during the design process to increase efficiency and sustainability in an effort to reduce construction and future maintenance costs.

What are some of the best things a construction firm can do to achieve a healthy bottom line in 2023?

There is a lot of uncertainty in the economic outlook for 2023, but the industry has remained resilient and I don’t foresee any change going into the Spring construction season. As a professional service firm, I think the best thing to maintain a healthy bottom line in 2023 is to continue to focus on providing value and practical solutions to clients.

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COO Dylan Cruess in New England Real Estate Journal’s “2023 Forecast Spotlight”

TFMoran COO Dylan Cruess shared his point of view on recent industry trends in The New England Real Estate Journal‘s “2023 Forecast Spotlight“. The January 27 issue features 17 professionals in Construction and Real Estate, giving their predictions on what the upcoming year may bring for the industry.

It seems that our geographic area is in a positive economic cycle.  There is an influx of manufacturing and other businesses looking to locate to New Hampshire and Northern Massachusetts.

Dylan Cruess

To read Dylan’s full forecast article, click here or continue reading below.


New England Real Estate Journal 2023 Forecast Spotlight

Cautiously Optimistic for 2023 Despite Economic Headwinds

By Dylan Cruess

Forecasting the future is always difficult, but trying to predict how the real estate, construction, and engineering industries will perform in 2023 seems like a coin flip.  On the negative side, there are many economic headwinds, including inflation, rising interest rates, supply chain delays, and unpredictable permitting schedules, that logically should slow down demand for new construction and development projects.  On the positive side, there is still a fundamental shortage of housing options and a growing demand for manufacturing and industrial space that continues to propel the construction and engineering industry forward.  How these negative and positive factors interact will determine the direction of our industries in the year ahead.

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Nick Golon Reflects on the Year in NEREJ’s Review Spotlight

New England Real Estate Journal‘s December 30 issue features a Year in Review Spotlight, with input from numerous professionals across the Real Estate industry. Principal and Civil Department Manager Nick Golon gave his thoughts on the year with insight into his accomplishments and career in 2022.

What was your most important professional accomplishment or most notable project, deal, or transaction in 2022?
After over a year and a half to secure permits, the Granite Woods Commerce Center adjacent to exit 11 on I-93 in Hooksett, N.H. broke ground in the fall of 2022. This state-of-the-art 500,000 s/f class A warehouse required us to solve immensely complicated permitting and infrastructure challenges. As a result of this project, essential municipal water and sewer services are being extended, over 400 acres of permanent conservation land was secured, and much-needed industrial space will be delivered to the Southern N.H. market.

How has your career path changed in 2022?
After being welcomed in to the TFMoran ownership team in 2020, at the end of 2022, I transitioned to the role of civil department manager with Jeff Kevan’s retirement after nearly 30 years of service with TFM. Having the opportunity to play an integral role in the direction of a company with a successful track record of providing outstanding engineering services in our industry for over 50 years is exactly where I want to be in my career!

See Nick’s full Q&A here!

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Union Leader Features New Market & Main Tenant

REI Co-op has officially been announced as the next tenant for Market & Main. An ongoing TFM project, Market & Main entered its next phase after construction began in July. REI is expected to open next fall.

The Union Leader covered the story, continue reading the article below, or click here.

REI Officially Coming to Market & Main in Bedford

By Jonathan Phelps, Union Leader

REI Co-op is the first store to formally announce it will open at the newest phase of Market and Main in Bedford.

The specialty outdoor retailer expects to open at 125 S. River Road next fall. The name stands for Recreational Equipment Inc.

The 22,000-square-foot store will feature a full-service bike shop staffed by certified mechanics and a ski and snowboard shop with professional tuning, waxing and repairs, according to a news release. In addition to discounts at the bike and ski shop, REI Co-op members receive unlimited free machine waxes and free flat-tire repair (labor only).

Right now, Market and Main is home to Trader Joe’s, Friendly Toast and a Carrabba’s Italian Grill that predates the development, which was a former Macy’s.

REI shoppers can order online and pick up at the store. Curbside pickup also will be available.

REI has 78,900 members in New Hampshire, including 3,400 members in Bedford and Manchester. You don’t need to be a member to make purchases at REI, but members get dividends on their purchases.

The new store will also offer programs and gear rentals.

In 2019, REI opened its first New Hampshire location in North Conway at the Settlers Green shopping center. Since then, REI has donated $24,000 in New Hampshire to Granite Outdoor Alliance, Mount Washington Valley Adaptive Sports and Mount Washington Valley Trails Association.

The closest store to Bedford presently is in Reading, Mass., about 43 miles away.

REI, headquartered near Seattle, has 178 locations in 42 states and the District of Columbia. The company expects to hire approximately 50 employees in Bedford.

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Catholic Medical Center Expansion Project Featured in Business NH Magazine article: “Building Stronger Health Care”

TFMoran provided surveying, civil engineering, landscape architecture and permitting services for the the Catholic Medical Center expansion project, recently featured in Business NH Magazine.

CMC broke ground in 2019 on this multi-year project adding a new building at its McGregor Street campus to create a home for the New England Heart & Vascular Institute, up to 90 private patient rooms, additional operating suites, and a larger, upgraded Emergency Department.


The plan also involved acquiring a nearby retail parcel that once belonged to the hospital, relocating the Rite Aid on that site to a new building closer to the street, and removing the remaining vacant strip mall.

“This project is going to transform not just this campus and CMC, but that entire parcel of land to then serve as a gateway to the West Side of Manchester,” says Alex Walker, president, and CEO of CMC. “In a sense, it’s an economic development project as well.”

CMC is bringing its New England Heart & Vascular Institute under one roof, says Walker, “We have 50-plus providers in the Institute. It’s a big group that provides world-class heart and vascular care, but it’s a hodgepodge of spaces and locations throughout the organization. For example, our cath labs are on level A, the main clinical spaces are on level B, and our EP labs are up on level C. To get that all under one space as a true heart vascular institute is an important strategic imperative for us,” he says.

Check out the full article here.

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TFMoran Featured in Business NH Magazine Student Housing Article

Business NH Magazine featured TFMoran President Bob Duval in a recent article “Meeting Demand for Student Housing”. Bob goes into detail about recent TFMoran projects for Southern New Hampshire University.

“Robert Duval, president, chief engineer and principal at TFMoran in Bedford and Portsmouth, which has completed projects at SNHU and St. Anselm College, agrees the needs and wants are changing.
TFMoran provided survey, permitting, civil/site engineering and landscape architecture for a four-story dormitory at SNHU that opened in 2017. It had amenities not typical for a college dorm at that time, such as a full kitchen, a living room and separate shower from the bathroom. The building also had a fitness center, a game room and many common areas.
‘The trend is toward individual baths,’ says Duval. ‘They are expecting maid service and kitchenettes, with the overall feel trending more toward the look of multifamily housing.’
Such changes in amenities would also make it easier to convert student housing into general apartment rentals should student enrollment decline to the point that institutions do not require as much student housing.”