Over the past decade, the Authority has teamed up with other City agencies to make remarkable progress in redeveloping or restoring the character of Portsmouth’s neighborhoods. As property values have increased and crime has been reduced, quality of life in these areas has improved dramatically. Over 460 acres have been developed, including 76 commercial units and 2,147 residential units. An additional 70 acres will be developed over the next two years. The developments described below have raised the City’s annual real estate tax revenue from $480,836 to $4,217,400 – a 777% Increase. PRHA strives to utilize the resources available in this landlocked City to the highest and best use possible.

FORT NELSON (bounded by Effingham, London north to Naval Hospital, Fort Lane)

• Acquired and redeveloped 22.5 acres
• Real estate taxes have increased from $10,145 to $215,706 (of 2,026% increase)
• Major developments (total of 7, assessed at $15.2 million)

Best Western
First Hospital Corp.
Fort Nelson Towers (now The Heights)
Patio Plaza (51 Units)
Two Office Complexes

WEAVER (just east of Westbury – bounded by South, Effingham and County Streets)

• Acquired and developed six acres
• Real estate taxes increased from $4,080 to $12,788 (213% increase)
• Major developments – 12 Single Family Structures Assessed at $900,000
  
  

NORTHSIDE (north of London Blvd bounded by Effingham and Peninsula)

• Acquired and developed 31 acres
• Real estate taxes increased from $23,357 to $233,052 (increase of 897%)
• Major developments (total of 15, assessed at $16.4 million)

AAAA Mini Storage
Beverly Manor Nursing Home
Charlie Falk Auto
Complex III Office Bldg.
Downtown Medical Offices
Gambro Medical Offices
Glasgow Townhouses (8)
London Blvd Warehouse
London Plaza
Old Town Exxon
Olde Towne Square Townhome
Portsmouth Electric
Portsmouth Floral

PARK VIEW (bounded by Peninsula, London, Harrell and Fort Lane)

• 11 acres developed; 22 acres to be developed
• $52,360 real estate taxes after redevelopment (870% increase)
• Major developments (total development assessed at $35.8 million)

The Myrtles at Olde Towne, a 246-unit luxury apartment complex
158 single-family homes (restored and new construction)

MOUNT HERMON (bounded by Mt. Vernon, Turnpike and Hamilton)

• Acquired 63 acres; developed 61 acres
• Real estate taxes increased from $69,186 to $432,542 (525% increase)
• Major Developments (total development assessed at $30.5 million)

Portsmouth Orthopedic
Cherry Rug
Precision Tune
Portland Warehouse
Mt. Hermon Village (91 Units)
London Oaks (296 units)
SEVAC Offices
230 Single-Family Homes

EFFINGHAM (bounded by Effingham, Seventh and Brighton)

• Acquired and developed 42 acres
• Real estate taxes increased from $77,897 to $253,237 (225% increase)
• Major Developments (total development assessed at $17.8 million

Effingham Plaza (178 Units)
180 single-family homes

HATTONSVILLE (bounded by Airline - east of Hodges Ferry)

• Acquired 94 acres; developed 92 acres
• Real estate taxes increased from $23,050 to $339,496 (1,372% increase)
• Major Developments (7 developments assessed at $67.2 million)

35 single-family units
Airline Business Park
Regional Jail

TWIN PINES (east of Twin Pines Road, northwest area)

• Acquired 6 acres; developed 5.3 acres
• Real estate taxes increased from $11,220 to $35,145 (213% increase)
• Major developments

33 single-family homes assessed at $2.5 million

CRADOCK CONSERVATION AND REDEVELOPMENT PLAN (bounded by Paradise Creek, City limits and encompassing a small area to the west of George Washington Highway)

The Authority created this plan using the findings and recommendations of the Urban Design Associates (UDA) team that researched the Cradock community, held community meetings, and created a plan for the area based on the needs of the whole community. Funding to begin implementing some of the Plan recommendations are funded in the FY2007 CDBG Program. For more information on UDA please visit Urban Design Associates. For more information on the City Planning for Cradock, click here.