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January 1, 2021

Another new hotel proposed for Burlington

first_imgThe Burlington Harbor Hotel Group has obtained preliminary permits for a new hotel, to be built at 41 Cherry Street in the last remaining lot in Burlington’s 40-year urban renewal. Construction of the 121-room hotel could begin in September, pending final zoning approval from Burlington regulators. The development plan also includes a 31-room expansion to the adjacent Courtyard by Marriott. Mayor Bob Kiss and developer Jay Canning of the Hotel Group have said the project will bring jobs and eventually income to the city.In a 2004 development proposal, affordable housing was to be built in the empty lot, but developers said that component of the plan would be too costly. Instead, the city agreed to lease the land to the developers for a total of 400,000 over the next 10 years.Chittenden Bank will be financing the project, and Pizzagalli Construction will build it, said Canning. According to city officials, the hotel could add roughly $2 million to city coffers in the coming years from gross receipts and local option taxes.Though Canning declined to say which hotel chain was involved in the dealings, he said it will be unique and cater to a relatively younger, more affluent demographic.last_img read more

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