Gift will help rehabilitate 1867 depot building

Salem NH, March 24, 2009 – The Depot Revitalization Committee and the Historic District Commission of Salem NH announced that Mosaic Technology of Salem NH has donated $10,000 to the Depot Station Project. The donation will contribute to the continued rehabilitation of the 142 year-old depot building. The donation was presented by Tom Desmet, Mosaic’s President and CEO at the recent Chamber of Commerce Business After Hours Meeting, held at Mosaic’s corporate headquarters March 18th 2009.

“We would like to thank Mosaic and especially Tom Desmet for his generous contribution,” said Donna Velt, Senior Branch Manager of Pentucket Bank and Coordinator of fundraising. “It’s a good example of the business community’s commitment and active participation in growth activities in Salem.”

“I’ve been a lifelong resident of Salem,” said Tom Desmet. I’ve had an active business here for over 25 years. From a business perspective this is a project that can have a positive impact of the future of Salem and the people who live and work here. We are happy to be a position where we can make this kind of a contribution.”

The Depot Station project is a three‐phase revitalization program. Structural and building envelope improvements are near completion; and building finish work , fixtures, tenant fit‐up and completion are scheduled over spring. The Town has provided the building, the property, and $65,000 toward a successful hazardous materials removal and partial historically inappropriate addition demolition. The Historic Commission, through the Depot Station Committee has raised sufficient funds to make structural and building envelope improvements, which are nearing completion. This donation will be earmarked towards completing the finishing touches, those improvements that make all the difference.

The Salem Historic District Commission, in planning rehabilitation of the depot building, intends to restore an integral corner stone in the Town’s past. The rehabbed depot represents the beginning of commercial activity centered on the Depot intersection. As work proceeds on planning for the intersection, a rail trail, and the land use in the area, the Depot Station will stand as a symbol of a renewed commercial future.

The Depot Project is the center of a transportation and economic development redevelopment plan. The Town is establishing: redevelopment zoning in the Route 28/97 intersection, physical traffic improvements, the creation of a fixed route transit system for the region, and the development of a pedestrian corridor. The Depot area represents the epicenter of 6 million square feet of retail employing over 8,000. The Depot station presents an opportunity to provide facilities that link transit and pedestrian systems to provide transportation options.

For more information see “Depot Train Station” at: http://townofsalem.org/