Category: Owners Developers & Managers

Chittenden County has experienced a flurry of development and change in the last two years and the market is one to watch.  A low point was the closing of Burlington College, which offered an alternative to larger, more expensive, traditional schools such as the University of Vermont. Due to overwhelming debt they sold 27.5 acres of waterfront property in 2015, closed their doors in May of 2016 and then sold an additional 32 acres and their 77,000 s/f  headquarters building. Developer Eric Farrell has purchased the Burlington College property and is proposing a 675 unit development containing a mix of multi-story condos and rental apartments.