Wednesday, June 17, 2009

MVP Series - Dover Edition #1

What are the Most Valuable Properties in towns and cities near you?

According to the City of Dover's  2008 Property Assessment Report, Liberty Mutual Group, an insurance company at 100 Liberty Way, owns the most valuable property in Dover, NH.

The Liberty Mutual campus actually consists of three buildings, the oldest was built in 1996 and the newest in 2007.

Here are some quick facts about Liberty Mutual's Dover campus:
>  2008 property tax assessment is $74 million - over $1.5 million in taxes paid
>  225 acre campus with 3 buildings
>  newest building is 350,000 sq ft and cost over $50 million to construct
>  3500 people employed at facility

With 3500 workers at the Dover campus alone, Liberty Mutual is the largest employer in the city.  The next largest employers are the City of Dover, employing 1139 people, and Wentworth-Douglass Hospital, employing 1048.

Quick facts about Liberty Mutual Group (LMG)
>  $28.855 billion in 2008 revenue
>  5th largest property casualty insurer in the US
>  Ranks 86th on the Fortune 500 list of largest US corporations
>  Company type: Private Mutual (not publicly traded)
>  Headquarters in Boston, MA

Google map of the campus (unfortunately it doesn't show the newest building)

View Larger Map


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