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Demolition Underway on Vt. Mall, Ahead of Redevelopment

This week marked the most visible progress yet in the complicated work to reimagine a tired, 40-year-old mall in the heart of downtown Burlington, Vermont. Demolition crews ... said Don Sinex, the real estate developer leading the $225-million job.

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Vermont Mall Demolition Making Huge ProgressLinkEmbedCopyClose Link to this video // Embed this video Replay More videos (1 of 9)«» nbc.tbNextVideoIsSafe = false; The downtown Burlington landmark is going away to make way for new housing, offices, retail, and dining (Published Friday, Dec15, 2017) nbc.tbNextVideoIsSafe = true; This week marked the most visible progress yet in the complicated work to reimagine a tired, 40-year-old mall in the heart of downtown Burlington, Vermont.Demolition crews chewed apart exterior walls on part of the Burlington Town Center mall, carting off debris and recycling as much of it as possible."I never had any doubts that a project of this magnitude in the town would be transformative," said Don Sinex, the real estate developer leading the $225-million job.Sinex plans, by fall 2019, to open CityPlace Burlington’s 1.25-million square feet of retail, dining, offices, and 274 housing units—some of them, affordable.Improve Your Holiday Travel With These TipsThe federal Transportation Security Administration said it expects a 15 percent spike in air travel at some airports in the days leading up to Christmas, including Vermont’s Burlington International Airport.(Published Thursday, Dec14, 2017)Opponents at first blasted the concept, arguing its 14-story reach would be too tall for a small cityBut voters approved it, as well as the changes to traffic patterns to come.Recently, there have been concerns raised about impacts to city sidewalks during construction, and the eventual loss of this parking garageSome merchants worried the parking would go offline during the critical holiday shopping season.The developer agreed to spare the garage from the wrecking ball until after Burlington’s big New Year’s Eve party, to minimize impacts on the community.TSA Aims to Smooth Holiday Travel With These Tips"The fact he very kindly has agreed to keep his parking garage open–400 additional spaces–is tremendous news for the city and all of us," said Becky Cassidy of the Church Street Marketplace."You do everything you can to build the project in a manner where the least number of citizens are inconvenienced," Sinex told necn"That’s why we kept the garage open when we heard some complaints—that’s why we phased it the way we did."Cassidy said the Church Street Marketplace is eager for a new injection of spending from the renters and office workers expected to fill City Place Burlington.New Report Card on Financial EducationThe Center for Financial Literacy at Champlain College in Vermont has found that American high schools are not doing enough to help teach students about personal finance.(Published Wednesday, Dec13, 2017)The developer predicted he’ll have signed leases for much of his new retail units by the time the framing starts going up this spring. Get the latest from necn anywhere, anytimeDownload the App Available for IOS and AndroidFollow necn

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