Ritchie Bros. Auctioneers broke ground on its new regional auction site in Manchester (Hooksett), N.H. on May 29, 2013. The new 54-acre property will serve as the company's first regional auction site in the state of New Hampshire and as a replacement auction site for Ritchie Bros.' 15-acre regional auction site near Hartford, Conn. The first phase of construction is officially underway with the ground breaking. Ritchie Bros. officials were joined by project consultants, developers as well as local representatives from the Town of Hooksett, N.H., including Hooksett Town Administrator, Dr. Dean E. Shankle.
"The Town has been working with Ritchie Bros. for nearly two years to get to this ground breaking, so it is an exciting day for all of us," said Dr. Shankle. "Their business is international in scope, they have an excellent reputation in their field and we are very pleased to have them become part of the Hooksett business community."
Ritchie Bros. has been searching for a central and easily accessible property in the New England area for close to 10 years. A lease and development agreement was finalized on the 54-acre property located at 39 Hackett Hill Road in the township of Hooksett in early May of this year.
"The new regional auction site in Manchester, N.H. is conveniently located for our buying and selling customers," said Stephen O'Duggan, regional sales manager, Ritchie Bros. Auctioneers. "It is directly off of Interstate 93, just 15 miles from the Manchester-Boston Regional Airport and 58 miles north of downtown Boston, allowing for easy access from a transportation perspective."
"The first phase of construction is expected to be completed later in 2013 and it will include substantial earthwork improvements to develop the property into a working auction site of 25 acres," said O'Duggan. Approximately 18 of the 25 acres will be used for displaying equipment prior to an auction. The remaining acreage is engineered to allow for future expansion which will include more display space and the construction of new auction facilities and services.
Auction facilities planned as part of the first phase of construction will include a temporary large auction tent with full in-person and online bidding capabilities and seating capacity for 300± people, an equipment check-in building, equipment washing facilities with closed loop water recycling technology, and a paved parking area for customers.
Ritchie Bros. will continue to conduct unreserved public auctions at its Hartford (Stafford Springs), Conn. auction site until the new auction site is ready later this year. The next auction at Ritchie Bros.' site in Hartford, CT is June 18, 2013.