The deal guarantees city streets around the project will be constructed within two years and either paid for directly by the developers or through the city’s tax increment financing bonds.
Burlington Mayor Miro Weinberger announced Monday night that developers have agreed to state-sanctioned fair wage rates for its construction workers.
Councilors vote decided they needed another week to work through the “complex” contract. The AFL-CIO wants a guarantee unionized labor will be used in construction.
The new CityPlace development agreement, up for Burlington City Council approval Tuesday night, might crumble over concerns that it doesn’t require unionized construction labor.
Is the planned development “free” to taxpayers, as the mayor’s press release states? No.
This week’s podcast: Can the developers of the long-delayed downtown Burlington project restore trust with the city?
After years of delays, how will one of Burlington’s most ambitious development projects move forward? And why did things go so wrong? It depends on who you ask.
If construction doesn’t begin within two years, the developers won’t be reimbursed for rebuilding the streets surrounding the major downtown project.
At Thursday’s debate, mayor hopefuls Max Tracy and Ali Dieng presented divergent visions for a path forward in Burlington, as incumbent Mayor Miro Weinberger defended his nine-year tenure.
Attorneys reported on the suit to the City Council, which also heard possible plans for the high school relocation and voted down a proposal to allow outdoor fire pits.
A huge open piece of valuable real estate in the center of Burlington cries out to meet the needs of the citizenry.
After the Burlington City Council endorsed legal action against CityPlace in a vote Monday night, Mayor Miro Weinberger announced a new measure to compel developers into construction.
Public records obtained by VTDigger show that concerns about market conditions and investment returns have led CityPlace Burlington developer Brookfield to seek to abandon the project.
Brookfield’s decision to step away from the downtown project followed months of limited communication with city officials.