Memorial Block Gateway Pre-Development Agreement unanimously passes at Burlington City Council
The city can now move forward with a public-private partnership with two developers.
Source: mynbc5.com
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The city can now move forward with a public-private partnership with two developers.
Burlington city councilors on Monday night unanimously approved two preliminary agreements with developers that, if eventually enacted, could transform the city's South End and downtown...
The majority of councilors shared their approval of the pre-development agreement.
Rents at the highest-end buildings have fallen, and the rate of leasing is slowing.
The 39,000 square foot relocation comes amid the highest vacancy rate in decades.