Funding & Investments

Construction Budget

$11.9 million
Architectural & Engineering: .................................. $547,182
Site work: ............................................................................. $1,120,590
Corrective Action Plan: .............................................. $45,648
Yellow Barn rehabilitation: ...................................... $1,095,105
Accelerator construction: ........................................ $4,464,248
Tenant improvements: ............................................... $2,200,000
Construction lending interest & fees: ............. $275,321
Contingencies: ................................................................. $472,621
Gen. conditions/GM Fee/Bond: ........................ $1,137,376
Project administration: .............................................. $174,350

Timeline

Achievements to date

Phase I and II Brownfield Assessment & Corrective Action Plan

Wetland Permits

Erosion Control Permit

VTrans Highway Access (Letter of Intent)

Geo-technical Investigation & Report

Determination of Eligibility for National Register & Section 106 Review

Schematic Site and Building Design

Construction Cost Estimate

Finding of No Significant Impact and Request for Release of Funds

Site Acquisition

Zoning Permit Issued

Railroad Right-of-Way Lease & Cross Agreement

Stormwater Permit

Going forward…

All funding secured (01/21)

Leases with anchor tenants signed (01/21)

Construction Documents (5/2021)

Building Permits (7/2021)

Bidding (8/2021)

Groundbreaking (9/2021)

Construction (10/2021- 10/2022)

Ready for Occupancy (10/2022)