Mayor James J. Fiorentini > Press Release

January 30, 2008
FOR IMMEDIATE RELEASE:

Mayor Kicks Off Grand Opening of Lowe’s Saturday

On Saturday, Mayor James J. Fiorentini performed “the first cut” at the Grand Opening of Lowe’s Home Improvement Center at 25 Computer Dr. in Haverhill.

Lowe’s Home Improvement Center is the largest retail store ever to open in the City of Haverhill.  Lowe’s will provide 100 jobs to the City and approximately $150,000 in new property taxes.

Fiorentini said that bringing new stores to the City is part of the plan to expand the City’s tax base:

“For two years in a row, single family residents of the City of Haverhill have had the lowest tax increase in the area. 

“One of the reasons for this is that Haverhill has gone out of the way to bring in new retail stores and to improve its quality of life.

“Improving our quality of life, bringing in new retail stores makes Haverhill more attractive and a better place to live and do business.“

BJ’s, Target and Lowe’s together are the three largest retailers ever to open in the City.  Together they bring with them 450 new jobs and $450,000 in new tax revenue.