85 Elm Street

89 Elm Street Somersworth, NH 03878
85 Elm Street
85 Elm Street

Developer:Tidemark

Location: 85 Elm Street & 20 Green Street, Somersworth, NH

Unit Count: 135 apartments

Unit Mix: Studios, 1-, 2-, and 3-bedroom units

Completion Date: Expected Spring 2026

Amenities: Surface parking, fitness center, package room, leasing office

Situated on a site formerly occupied by a vacant garage and an old General Electric plant overflow parking area, this development is set to revitalize a key area of downtown Somersworth. The project targets the "missing middle" housing market, aiming to provide affordable options for shipyard employees, nurses, and local business workers.

Developer Profile: Tidemark

Tidemark is a commercial real estate development firm with over 30 years of combined experience in the industry. The company has developed, managed, or owned more than 2 million square feet of commercial real estate across New Hampshire, Maine, and Massachusetts. Tidemark focuses on industrial, multifamily, and mixed-use developments, striving to build thoughtful, purposeful communities that enrich the lives of their members. 

Design-Build Partner: PROCON

PROCON is a fully integrated design-build firm based in Hooksett, New Hampshire, with a history dating back to 1935. As a fourth-generation, family-owned company, PROCON offers architecture, engineering, and construction management services under one roof. John Stebbins, the current CEO, holds a Master of Architecture from Virginia Tech and has been instrumental in leading the firm's innovative projects throughout the Northeast. 

Market Insights

Somersworth is experiencing a growing demand for multifamily housing, particularly in the affordable and workforce housing segments. The city's strategic location near the Portsmouth Naval Shipyard and other employment centers makes it an attractive option for workers seeking quality housing options. This development aligns with broader efforts to address the critical housing shortage in New Hampshire. 

Nearby Local Gems

  • Noble Pines Park: An 11.9-acre community park offering a splash pad, playgrounds, basketball and baseball facilities, and a covered pavilion, making it a popular spot for family outings and seasonal events. 
  • Somersworth Riverwalk: A scenic 9.8-acre trail along the Salmon Falls River, ideal for leisurely walks, dog walking, and nature observation.

  • Hilltop Fun Center: A family-run entertainment venue featuring go-karts, laser tag, mini-golf, batting cages, arcade games, and more, catering to all ages for fun-filled experiences.

  • Summersworth Historical Museum: A museum dedicated to preserving Somersworth's rich heritage, showcasing artifacts and exhibits that tell the story of the city's past.

  • Tri-City Plaza: A bustling shopping center anchored by Market Basket and T.J. Maxx, offering a variety of retail and dining options for residents and visitors.

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Project Details

Developer

Tidemark and BOD Holdings LLC

Type

Multifamily

Unit Count

135

Financing

Not Specified

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