Redstone Receives Housing Endorsement for Banknorth Block
When you combine renovation of historic buildings into housing, infill of a city block and use of a brownfield site in the heart of downtown Burlington, you have a winning project. Redstone Commercial Group has received Housing Endorsement from the Vermont Smart Growth Collaborative for the final phase of their project, which will include a 125-room, hotel, 36-unit apartment building, and 238 space parking garage in the mid-block. Smart Growth Vermont is a founding member of the Collaborative.
The first phase of the project, which received a Smart Growth Award from Smart Growth Vermont in September, includes the completed Champlain Housing building with 20 affordable and market rate apartments and office space, condos in the historic Hinds Lofts and apartments in two renovated historic homes. This mix of housing and commercial space in downtown Burlington will give residents access to transportation options as well as and easy walk to shops, city services and recreation.