The City of Manchester Economic Development Office (MEDO) is pleased to
announce a substantial redevelopment opportunity of the former Jac-Pac food
processing facility. This seventeen (17) +/- acre Site warrants significant
mixed-use development that may include a primary campus for corporate client or
multi-tenant users. Located at the southern gateway to Manchester's Central
Business District, the parcel includes frontage along the Merrimack River,
possible rail access on-site, and easy access to US Route 3 and I-293
interchanges.

The highly visible Site abuts land owned by City of Manchester agencies or
other private parties which may be available for assemblage to create a more
ambitious development project. Further discussions on this topic will be held
at the Developers Conference.

MEDO believes redevelopment of the Jac-Pac site provides the possible
opportunity to secure public funds through sources such as: New Markets Tax
Credits (NMTC); Section 108 Loans; Brownfield Economic Development Initiative
(BEDI) Grants; NH Community Reinvestment Opportunity (CROP) Zone tax
incentives, as well as energy efficiency funds through the US Department of
Energy; and other sources. MEDO and the selected development team can, and
will, create a world-class development at this Site that will help to showcase
Manchester as the commercial center of Northern New England. MEDO will act as
the lead City agency on the Jac-Pac Redevelopment process and anticipates
playing a facilitator role in fast-track permitting and review to complete a
timely project for the City and the selected developer/development team.

According to a December 2005 Economic Strategies report by Angelou Economics,
the Jac-Pac Site's redevelopment as a business-focused asset is a key
component of securing Manchester's economic future. For this reason,
redevelopment should accomplish a number of key objectives including: Create a
mixed-use development to support economic vitality at the gateway to
Manchester's Central Business District that generates 24/7 activity.
Expand the City tax base.  Recoup the City's purchase price and maintenance
fees of three and one half million dollars ($3,500,000).  Develop new economic
engines focused on knowledge-based, medical, and technology industries that
will act as major employment generators for Manchester and surrounding
communities. See Appendix A for Target Industry Identification and Analysis.
Enhance and expand the Riverwalk system already in place to encourage
recreational visitors into Downtown.  Aesthetically enhance the southern
gateway to the Central Business District.  Demonstrate Green Building
techniques aimed at reducing operating costs of the completed project.

Following these primary objectives for proposal review, the City will sell or
lease the Site to the most qualified developer or development team that
proposes best and highest utilization of the Site. MEDO (and the City) is
willing to consider a public-private venture to ensure infrastructure
improvements and additional Site assemblage to support the first-class
development it envisions for this parcel.

Proposals should clearly demonstrate how development benefits accrue to the
community in terms of job creation (both construction and permanent), open
space/riverwalk establishment, community serving retail, housing, and other
items of significance.

Interested parties are encouraged to attend the Developers Conference and Site
Tour to be held at the Site, December 6, 2006 11AM at 168 Hancock Street.