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Montpelier’s Flooded Building Gets New Life | Montpelier News
Montpelier’s long-vacant, flood-damaged Federal Building has a new owner: the 87 State Street Local Development Corporation, which won it in auction. With 70,000 square feet and a history dating back 70 years, the nonprofit plans to transform it into a vibrant mix of shops and housing — a major shot at revitalizing downtown. But challenges loom: PCB contamination (cleanup could cost $1.8M–$3M) and flood resilience are top priorities. They’re eyeing environmental grants to help shoulder the burden — and aim to make this landmark last for another century. Listen in comfort:Get a discount on a…
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