The City of Burlington is considering a partnership with local developers Eric Farrell and Joe Larkin to revitalize the Gateway Block, a prime downtown 3.81-acre area that includes the dilapidated Memorial Auditorium and other landmarks. The developers' vision, as described in a letter of intent, includes building 200 or more housing units, a 100-room hotel with underground parking, and a vibrant pedestrian streetscape. Some city councilors raised concerns about the hotel proposal and emphasized the importance of public feedback in the planning process. The fate of Memorial Auditorium is uncertain, and discussions with developers will determine the feasibility of redeveloping the block, with a formal agreement possible as early as late March.
For more information on this story check out the article “Burlington Takes Initial Steps to Redevelop Memorial Auditorium and Surrounding Properties” on the Seven Days Vermont website. The Lipkin Audette Team has helped thousands of clients buy, sell, and invest in Northwest Vermont real estate. As the top selling Team in Vermont, our goal is to provide you with deep local insight, up-to-the-minute information, and relevant resources necessary to make your purchase or sale an informed, profitable and rewarding experience.