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Issue · Claremont, NH

17 Water Street mill conversion and tax relief

11-year tax relief and conversion of historic mill to 25 residential units affects historic preservation, parking, and tax base.

Overview

Both the Planning Board and City Council approved the conversion of Monadnock Mill Number One into 25 multifamily units along with an 11-year community revitalization tax relief incentive.

Arguments against
11-year tax relief term is significantly longer than historical standards for the program
city-council 2026-06-10
Against
What's next

Proceed with site plan and historic compliance conditions

17 Water StreetMonadnock Milltax reliefmulti-family