Infrastructure development took center stage at the Hooksett TIF Advisory Committee meeting on July 23, 2025, as officials emphasized the urgent need to secure a tenant for the newly approved half-million square feet of commercial space. The committee discussed the importance of enhancing infrastructure, particularly around Exit 10, to attract businesses and stimulate economic growth.

Despite previous efforts, a proposed bond to upgrade critical infrastructure, including a force main and pump stations, failed to pass at last year's town meeting. This setback has prompted committee members to focus on educating the community about the Tax Increment Financing (TIF) district's potential benefits. The TIF mechanism allows for captured tax revenue from increased property values to fund infrastructure improvements without impacting local taxpayers.

Committee members highlighted the significant potential for economic development in the area, which is home to major retailers like Walmart and Target, currently relying on septic systems. Upgrading to municipal water and sewer services could unlock further commercial opportunities. With over $2 million already collected within the TIF district, officials believe they could leverage this into a bond of $10 to $12 million for infrastructure projects.

The meeting also revealed plans for two subcommittees aimed at engaging local business owners to foster enthusiasm for the infrastructure upgrades. The committee is optimistic about the area's future, citing interest from companies like Old Dominion Trucking and Harley Davidson, which recently relocated from Manchester.

As the committee prepares for another attempt to pass the bond, they are committed to clarifying the TIF district's advantages to residents, hoping to replicate the success seen in other towns that have effectively utilized similar funding strategies. The outcome of these efforts could significantly impact Hooksett's economic landscape and community development in the coming years.