Economy
Stowe Mountain seeks expansion of paid parking lots
This would mean a jump from 287 to 373 spaces, all of which would be included in the resort’s policy of requiring its non-carpooling skiers and riders to pay for parking on weekends and holidays.
Millions of dollars have been raised for Vermont flood recovery. Where has the money gone?
Flood donations have been scattered across at least 100 Vermont groups, enabling locals to work closely with people in need on the ground. But some say the process has also led to disparities between well-off communities and less privileged ones.
For downtown business owners, perception of Burlington doesn’t always match reality
While one merchant described having some concerning interactions with people on and around Church Street, he said it generally isn’t true that these issues have made downtown a less safe place to shop and dine.
‘Heroes of resiliency’: Shut out from federal funding, an immigrant-owned Montpelier restaurant struggles to return after the floods
While he has received some local monies, the owner of KSherpa Dinner House does not qualify for federal disaster funds because of his citizenship status, putting him at a significant disadvantage as he works to bring his business back online.
More Economy
Beta Technologies lands $169M federal loan to build its electric planes
The loan from the U.S. Export-Import Bank will support 400 jobs at the company’s new production facility in South Burlington, according to the company.
Short-term rentals are on the rise in Vermont. So are debates over how to regulate them.
In September, Vermont saw the highest number of active short-term rentals out of any month on record: 11,747.
Fall foliage season drives record hotel occupancy in Stowe
A flurry of last-minute bookings — mostly in September and even more in October — pushed occupancy rates far past initial expectations to a record high.
Competing needs: Copley Hospital seeks to convert senior apartments to worker housing
“It’s a good financial situation for them,” said tenant Sandy Harris. “But it would be sad to lose this for the seniors in this area.”
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