Main, St. Paul, Pine & King Streets Burlington, VT
Redstone was selected as developer of the Banknorth Block (bounded by Main, St. Paul, Pine and King Streets) as a result of an RFP process initiated by Banknorth, N.A. The development partners are pursuing a mixed use redevelopment into an exciting housing and workplace community. The first two phases of project are complete. The Hinds Lofts, the adaptive reuse of a historic building at 161 St. Paul Street, is a wildy successful 15 unit luxury residential condominium project completed in 2008 with 90% of the units sold within 4 months of completion. King Street Housing is a mixed-use 42,000 square foot new construction project developed by Redstone’s non-profit partners, Champlain Housing Trust and Housing Vermont. The final phases of the project are in the conceptual stage including the rehabilitation of Woodbury’s Armory at 101 Main Street, an underground parking structure and up to 140,000 square feet of mixed use space.