Controversial Pennichuck land sales triggered economic, tax base growth in Nashua, officials say

EDITOR’S NOTE: This is another in an occasional series of stories examining 50 years of Nashua business. Stories and multimedia pieces will focus on Milestones, Hidden Assets, and Economic Engines in the city’s business community. NASHUA – Two votes by the Board of Aldermen last month to secure a city field and a conservation easement on north Nashua land called “Parcel F” may close the book – once and for all – on a rocky history of Pennichuck Corp. land development in the city. For decades, the water company cashed in by making deals with area developers, turning raw land into real estate. Those deals yielded commercial properties that added to the tax base and high-end homes.