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Goal: The startup and expansion of businesses is nurtured, including the
support of a readily accessible core of centrally located business services.
Five-Year Focus:
- Support the redevelopment efforts of Gilbane Properties' Innovation Center
of Vermont.
- Develop more incubator space on Pine Street.
- Provide technical and other support to existing business in the Enterprise
Zone.
- Support the South End Arts & Business Association's "South End
Art Hop".
- Support the efforts of the South End Arts & Business Association to
link the arts and technology-based businesses in the south end of
Burlington.
- Implement the Smart Growth District initiative.
The City will fund the following projects and programs with CDBG funds in program year 2007 to further the
priority of the South End Arts & Business District:
| Project Title
|
Relation to Consolidated Plan |
CDBG Funds Budgeted |
Other Funds Budgeted |
Projected Accomplishments |
| Brownfields Redevelopment Initiatives |
Redevelop unused/underutilized sites stigmatized by
real or perceived environmental contamination |
$37,000 |
$95,000 |
Remediate site
at 345 Pine St. for commercial reuse |
| Consultant
hired to craft plan for Davis Property on Pine St. |
| Predevelopment
borings for South End Transit Center |
| Burlington Sustainable Economic Development Strategies |
General financial and technical assistance to small and large
businesses; targeted assistance to employers with livable wage jobs
and to businesses playing a key role to downtown vitality;
development of affordable space for small and micro businesses;
waterfront development; and redevelopment of vacant or abandoned
property |
$100,000 |
$34,185,000 |
Help to plan Phase III of
General Dynamics redevelopment |
| Work with the South End Arts & Business
Association to foster South End innovation |
Page last updated
April 30, 2007
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