PRESS CONFERENCE: SUPPORT IS STRONG FOR CITY CENTER PHASE I

PRESS CONFERENCE: SUPPORT IS STRONG FOR CITY CENTER PHASE I

The City of South Burlington has been working toward the development of a downtown—City Center—for decades. Over the last few years, new development has occurred in the district including Trader Joe’s, Pier One, Black Bay Housing (at the east end of Market Street), and most recently the new CVS Pharmacy. A critical component to move forward in making further development a reality includes investment in public infrastructure. The City has state legislative approval to implement a Tax Increment Financing (TIF) District in a portion of City Center. Some of the…

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