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Montpelier’s Flooded Building Finds New Life | Burlington News

Montpelier’s flood-damaged federal building has found a buyer — the 87 State Street Local Development Corporation snagged it for $540K — and locals are buzzing with hope. Plans call for 70-80 new housing units, possibly even redeveloping the parking lot behind it, marking a major step in the city’s recovery. Residents and businesses alike welcome the move, seeing it as a key to attracting and retaining workers. Before construction begins, the group must assess structural damage and environmental hazards — and ensure future flood resilience. Federal approval is still pending, but the community…

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