Development Overview

Featured Property

Redstone Lofts

View Our Development Portfolio

Proven experience in an increasingly complex development process

Redstone currently utilizes more than 60 years of development experience in the acquisition and development of Vermont properties. We focus on under-performing properties in Vermont that have significant upside potential. This added value can be realized through a prudent capital improvement program, professional leasing, and property management.

Our commercial and residential development services include site selection, planning, permit acquisition, design development, construction, marketing, and obtaining favorable financing.

Our project portfolio includes:

  • Award-winning historic rehabilitation of The Shelburne Inn in Shelburne, VT
  • Award-winning renovation of The Hall Block at 210 College Street in Burlington, VT
  • Creative infill such as the Marble Works Residences condominium complex in Middlebury, VT (recipient of a 2007 Smart Growth Award from Smart Growth Vermont)
  • Adaptive re-use of the O.L. Hinds building in downtown Burlington which now houses 15 residential loft condominiums
  • Repositioning industrial properties such as the former Specialty Filaments building at Pine & Howard Streets in Burlington, now home to Lake Champlain Chocolates and Dealer.com; the former Gardeners Supply warehouse in Winooski, now known as Riverworks; the former Bouyea-Fassetts bakery in South Burlington, now home to Country Home Products

Development Team

Larry Williams
Principal, Brokerage, Development
Office:
802-658-7400 x12
Cell:
802-343-4648
BIO

Larry Williams has been active in commercial real estate since he graduated from the University of Vermont in 1982 with a degree in civil engineering. Between 1982 and 1991, Larry worked with a local development company specializing in the rehabilitation of historic buildings. In 1992, Redstone Commercial Group was formed. As the company has grown, Larry has focused his efforts on development opportunities, involving both new construction and the redevelopment of historic buildings. Currently, Larry is actively involved in the management of Bolton Valley Resort, General Management of Redstone and a number of Development projects which include the Riverhouse luxury apartments in Winooski, a 139 room Hilton Garden Inn in downtown Burlington and many others. Larry also devotes time to community organizations and initiatives. He is a long-time supporter and past Campaign Chair of the Chittenden County United Way. He is a founding and current member of Board of Directors of Mobius, the Mentoring Movement. He is also a member of the UVM Alumni Council. Larry resides in South Burlington with his wife Leslie where their four children stop in occasionally.


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Erik J. Hoekstra
Managing Partner
Cell:
802-363-5165
BIO

Erik Hoekstra joined Redstone as Development Manager in 2006. At Redstone, Erik has completed several historic rehab projects in Burlington including 10 in the Old North End and 2 downtown. He has additionally participated in a number of acquisition and disposition transactions along with new construction projects. He is currently managing a major redevelopment effort on the TD Bank Block including a 139 room hotel, a parking structure, and retail space.

Preceding Redstone, Erik held the position of Development Manager at Housing Vermont, a nonprofit syndication and development company founded in 1988 that creates permanently affordable rental housing for Vermonters through partnerships with local organizations, public agencies and the private sector. At Housing Vermont, Erik participated in the development of 40 units of LEED certified mixed-income housing on a lakefront brownfield site in the city of Burlington in addition to a number of other projects scattered across the green mountain state.

Erik earned a Masters degree in Real Estate Development from Columbia University in the City of New York and served as Class President. Erik is also a graduate of the University of Wisconsin – Madison where he earned dual Bachelor of Business degrees in Real Estate & Urban Land Economics and Finance, Investment & Banking. Civic engagement has always been an important facet of Erik's life. He is a founding member and on the advisory board of the Vermont Green Building Network. Erik is also a founding member of the Old North End Arts & Business Network in Burlington and active in other neighborhood efforts. He is a founding member of the Emerging Professionals subcommittee of the U.S. Green Building Council, a member of the Wisconsin Real Estate Alumni Association, a Cathedral Square Corporation Board Member, Co-Chair of the Columbia University Real Estate Alumni Association Council. In addition to community organizing, in his spare time Erik also enjoys outdoor pursuits including biking, running, skiing, hiking, canoeing, and kickball. Along these lines he is the Treasurer of the nonprofit Wilderness Classroom Organization, a group that he's participated with in education-based expeditions to Costa Rica and Brazil. He's also interested in exploring urban environments, spending time in nearby Montreal and New York City. Erik resides in the Old North End of Burlington where he is slowly rehabilitating a duplex.


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Justin Dextradeur
Development Manager
Cell:
802-734-9217
BIO

Justin joined Redstone in October 2013, with over 12 years of solid experience in project planning, financing and construction of mix use and senior and special needs housing working previously for The Hartland Group Community Developers & Consultants & Catherdaral Square Corporation. He is a past Chair of the Chittenden County Regional Planning Commission, where he has served as the county's at-large Socioeconomic-Housing representative since 2005. His prior work experience in Vermont also includes affordable housing research and outreach for the UVM/HUD Community Outreach Partnership Center, conducting sewer capacity and build-out analyses and mapping for the Town of Williston, mapping for the USDA's Natural Resource Conservation Service, and researching preferential open land taxation programs for Forest Watch.

Originally from Connecticut, Justin received a BS in Environmental Science from the University of Connecticut, where he developed land cover mapping for a 90 square-mile watershed and adapted it for use in non-point source pollution modeling through an individualized program of study as a University Scholar. He earned his Masters in Natural Resource Planning at the University of Vermont, researching residential development patterns and preferences in Chittenden County.

Justin lives in Burlington with his dog Gus and enjoys live music, mountain biking, telemark skiing, hiking and paddling in his free time.


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Dan Goltzman
Project Manager
Office:
802-658-7400 x 20
BIO

Daniel joined Redstone as a project manager after ten years as a practicing architect in New York City, Colorado and Vermont. He has worked on a wide variety of building types including new construction, major and minor additions and historic restoration. He spent several years in New York City working at an architecture-development firm planning and designing multifamily projects. Daniel is a board member of the Vermont Chapter of the American Institute of Architects and a board member of the local preservation association, Preservation Burlington.
Daniel was born and raised in Montreal and did all of his schooling in Canada. He moved to Vermont with his wife and two boys to be perfectly situated between his family in Montreal, hers outside New York City and their camp in the Adirondack Mountains. They live in the south end of Burlington and can be found at the rink in the park at the end of their street most evenings after work.


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Joe Engelken
Associate
Cell:
802-578-5139
BIO

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