Burlington Area News

CityPlace Burlington Construction to Restart in May

Photo by Alexandre Silberman/VTDigger

UPDATE:  The developer behind the CityPlace Burlington project now says they are back on track thanks to a proposed financing agreement with a new lender.  According to the latest update from majority partner Brookfield Asset Management, construction is set to begin again around May 6th, with an initial occupancy timeline of March-May, 2021.

Elected officials in Burlington have responded with a mixed reaction to this new development (pun intended), but are encouraged by the naming of a specific date that construction will begin once again. Developer Don Sinex indicated in an email that once construction begins again this coming May, he fully expects that “the project will run smoothly to a full completion.”

READ THE FULL ARTICLE ON VTDIGGER.COM HERE

Once completed, CityPlace Burlington will feature a mix of retail, commercial and residential offerings in the space that used to be occupied by the downtown Burlington Town Center. What is still unclear, however, is what kind of housing will be included in the $220 million project.   

Let’s open up discussion below about what kind of housing you’d like to see in the new CityPlace development.  Be specific in terms of details like square footage, rental vs. purchase, monthly rent, sale price, HOA dues, amenities, etc…

Funding of UVM Multi-Purpose Athletic Complex

Photo: UVM Athletics

The UVM Board of Trustees approved a unanimous resolution in October regarding how the proposed Multipurpose athletic facility will be funded. The payment strategies mentioned by the proposal include gifts, bonds, credit, and student fees. UVM is reported as having secured $21.8M from donors so far with a goal of $30M by Feb 1.

The project itself includes construction of a new basketball arena, expanded fitness center, expanded health and wellness spaces, renovations to Gutterson arena, and complex-wide renovations. Read the full article in the Vermont Cynic HERE!

-Alec, LipVT

North Hero Neighbors Clash Over Private Airstrip

We all know the line, “good fences make good neighbors,” but what if your neighbors are flying over the fence as they take-off and land their aircraft on a private runway… on their side of the fence? In North Hero, neighbors are clashing over the construction and permitting of a half-built grass runway to be used by small, recreational aircraft. The pilots and their attorney have been working with local and state officials to form a proposal that lays out how many flights a day the pilots can operate from the airstrip, how much fuel should be kept on site, a provision to allow emergency use of the runway in the event of a crisis, and other conditions that are aimed to ensure the pilots remain considerate of their neighbors when using the site.

However, as with many of the homes situated on Lake Champlain, residents (seasonal and year-round alike) invest in the area for its natural beauty and serenity. Homeowners are understandably concerned with how the added noise and presence of the airstrip will affect their own property value – an issue Chittenden County residents are familiar with given the context of the heated battle over the incoming F-35 jets at Burlington International Airport in South Burlington.

The current status is that the runway owners have until February 7 to complete their application with the Vermont Transportation Board. North Hero Select Board Chair Eileen Mitchell is quoted to have written that the town “has no zoning bylaws or ordinances prohibiting” the landing area.        Read the full article in Seven Days HERE!

 

-Alec Murphy, LipVT

 

Hardware Store Coming Soon Across from City Hall Park

 

Photo from www.sevendaysvt.com

Gordon Winters, owner of five other existing Ace Hardware stores in Vermont and New York, is in the process of opening another Ace Hardware on College Street in Burlington. The location, directly across from City Hall Park, abuts a Northfield Savings Bank branch. Winters and others say the store is filling a void left by the closing of Hagar Hardware on Church Street in the 90’s. The store would stock typical hardware store products in addition to specialty items targeting “college students, specialty plumbing for the city’s older buildings, and a marine section for boaters.” A hardware store is a step towards having more downtown retailers that serve residents’ daily needs in addition to the many restaurants and boutique stores. In this Seven Days article, the author cites Bibens Ace in the New North End as the next closest hardware store at 3 miles away from downtown. In the comments section, folks have mentioned that Curtis Lumber, while closer, is a building supply store, catering especially towards contractors in their stock and hours. Read the full article from Seven Days HERE!

Greater Burlington YMCA: Bigger, Better, Breaking Ground on College Street

 

Photo courtesy of Greater Burlington YMCA

With a proposed completion date of early 2020, construction has begun on the new building for the Greater Burlington YMCA. If you’re headed up College Street, check out the newest big hole in the ground between South Union St. and Hungerford Terrace. S.D. Ireland has been hard at work on the foundation of this $15M project. The building will house two pools, a gym, running/walking track, fitness studios, workout space, and expanded drop-in child care space. The footprint of the building will eclipse that of the old Ethan Allen Club which has been demolished to make space for the new Y. The Y states that membership rates will go up, but expected increases in membership numbers will help keep these price increases moderate. 

Photo courtesy of Greater Burlington YMCA

 

Read the full article from the Burlington Free Press HERE!

 

Proposed Bove's Burlington Apartment Building

In December of 2015, Bove's, the iconic Italian restaurant of Burlington,Vermont, closed its doors to hungry locals to move North to Milton, Vermont and focus on their spaghetti sauce business. The closing sparked discussion on what would come to the 1940s building. While some suggested it be moved to Shelburne Museum, others argued it needed to stay put being on the Vermont State Register of Historic Places. The owner, however has a much different idea for the iconic piece of little Italy in mind. He is proposing a $14 million apartment complex for 64 Pearl Street which would turn the 1940s restaurant as well as two 19th century apartment buildings to rubble. In their places would be 50 new apartment units to Pearl Street. This plan is still in the beginning stages and it’s unclear what barriers Bove will have to break through to go forward but the news have historians and the Burlington Apartment Market buzzing.

For the full article click here. https://www.sevendaysvt.com/OffMessage/archives/2016/09/12/former-boves-cafe-could-meet-the-wrecking-ball

For more info about the Burlington, Vermont apartment or housing market, visit www.LipVT.com.