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Funding & Investments


Construction Budget
$8.6 million
Soft costs: ................................................. $521,774
Site work: ................................................... $590,864
Yellow Barn rehabilitation: ............ $979,310
Accelerator construction: .............. $4,615,375
Tenant improvements: ..................... $1,994,514

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 (Pending)
Going forward…
  • Leases with anchor tenants signed (Spring 2020)
  • Construction Documents (Spring 2020)
  • Building Permits (June 2020)
  • Bidding (June-July 2020)
  • Groundbreaking (August-September 2020)
  • Construction (Sept. 2020 – Sept. 2021)
  • Ready for Occupancy (September 2021)