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Article: Manchester landmark faces uncertain future; what's in store for Pandora building following developer's withdrawal?(REAL ESTATE)
- Article from:
- New Hampshire Business Review
- Article date:
- July 18, 2008
- Author:
CopyrightCOPYRIGHT 2008 Business Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Many longtime Manchester residents and historic preservation enthusiasts have a sentimental attachment to the Pandora building at 88 Commercial St., once a part of Amoskeag Industries and later the home of Pandora Industries, a company that manufactured and sold sweaters and other knitted goods worldwide from 1940 to 1990. But will anyone sink into the mid-19th century, building the millions needed to renovate it for residential use?
"It's all up in the air," said Manchester developer Dick Anagnost, who made a preliminary inquiry about the building after College Street Management of New Haven, Conn., abandoned plans to spend $8.7 million to renovate the ...