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Commercial Growth
| There is relatively
little commercial activity in this primarily rural
and residential town. As of 1995, there were a total
of 510 people employed within the city limits of
Exeter. There are two commercial developments planned
for Exeter, the Ladd School
and the Dorset Mill Area. |
Click
image to enlarge.
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As a part of Exeter's Comprehensive Plan
in 1994, a commercial buildout was undertaken to analyze the
potential development of commercial properties. There are
262 total acres of commercial-zoned land in Exeter. 135 acres
of that is already developed or undevelopable as of 1994.
According to past rates of commercial growth, it was assumed
that 1.6 acres per year would be developed, thereby it would
be 79 years before Exeter had a dearth of developable commercial
land. It was thereby assumed that Exeter's potential for commercial
growth was not a hot issue for this town.
For a step-by-step analysis of how
to conduct a buildout, Brown student, Matthew Amengual
'02 did an excellent one for the city of Charlestown.
According to Exeter's Comprehensive Plan,
the little economic activity in this community can be possibly
attributed to the following:
- Lack of demand for expanded
services (slow economy)
- Inappropriately zoned
or accessible land available for development
- Competition from neighboring
communities
- Lack of adequate utilities
or services
- Price of land and general
cost of development
- Unwillingness of owners
to develop their land
- Local opposition to development
or overly restrictive controls on development
- Large tracts of undevelopable
land
The challenges for Exeter relates to where
and what type of growth, if any, the town wishes to see in
the future. Currently, the location of commercial zones in
Exeter encourages strip-mall type development along Rt. 3
and Rt. 2 and the character of most of the existing commercial
development is unattractive and detracts from the image of
the town.
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