Economic Development

The Belmont Business Community is a primary, integral partner in our community’s success, health and well-being.

Belmont provides an excellent environment for commercial and industrial development and the Town is committed to the expansion of its commercial and industrial bases. Officials and staff of the Town work closely with prospective commercial and industrial developers and tenants through the planning, approval, construction and operational phases.

Municipal water and sewer facilities are provided in the Village area as well as portions of Laconia Road (Route 106) and Daniel Webster Highway (Route 3). Municipal sewer is also provided in the Winnisquam area as well as portions of the Depot Street & Gilmanton Road (Route 140) areas. The Town Property Tax Maps have recently been updated with both digital based and aerial mapping features. This, along with computerization of the assessing records, enhances services provided for future development within the Town. The Planning Board meets monthly and has a detailed but streamlined review and approval process to address the timing needs of property owners and developers.

Belmont currently has three retail malls (spaces available), two commercial parks (spaces and lots available) and four industrial parks (lots available). Financial services are provided by one local and many regional banks. The Belmont Mill Revitalization Project is completed. This complete renovation of a four-story, 10,773 square foot mill, originally constructed in 1833, provides the Village area with a much needed community service center. A second site, adjacent to the Mill, is available for future commercial development. A Belmont Village Revitalization Committee is assisting in the development of the Village area.

Tax Relief for Renovations – RSA 79:E

Comments and questions should be directed to the Belmont Town Administrator’s Office.

Please let us know other resources that may be appropriate to share on this site by emailing landuse@belmontnh.gov
If there are other resources that may be appropriate to share on this site.
We would also appreciate hearing of your experiences with any of the resources listed here.

Links

Check out these important links to valuable business assistance:

USDA Rural Development NH Portal
The USDA Rural Development offer loans, grants and loan guarantees to help create jobs and support economic development and essential services such as housing, health care, first responder services and equipment, and water, electric and communications infrastructure.

They promote economic development by supporting loans to businesses through banks, credit units and community-managed lending pools. They offer technical assistance and information to help agricultural producers and cooperatives get started and improve the effectiveness of their operations.

They provide technical assistance to help communities undertake community empowerment programs. They help rural residents buy or rent safe, affordable housing and make health and safety repairs to their homes.

The Town of Belmont has partnered with Rural Development on both the Rte 3 municipal water line relocation and Fire & Police Departments heating plant projects.

Be sure to consider this important partner for your project.