Montpelier’s Flooded Building Gets New Life | Montpelier News

Montpelier’s long-vacant, flood-damaged Federal Building has a new owner: the 87 State Street Local Development Corporation, which won it in auction. With 70,000 square feet and a history dating back 70 years, the nonprofit plans to transform it into a vibrant mix of shops and housing — a major shot at revitalizing downtown. But challenges loom: PCB contamination (cleanup could cost $1.8M–$3M) and flood resilience are top priorities. They’re eyeing environmental grants to help shoulder the burden — and aim to make this landmark last for another century. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/4ca93c825e81aea6