Episode Details

Montpelier’s historic Post Office building, damaged in last year’s flood and long a downtown staple, has just been acquired for just $540K — a fraction of its original $2.4M asking price. Backed by the Foundation for a Resilient Montpelier and a local development coalition of ten groups including insurers and economic developers, the new owners are eyeing a bold future: adaptive reuse with flood-resilient housing on the parking lot and office space inside. After pulling back from an earlier failed bid due to environmental contamination (PCBs), they’re now moving forward with a grant-supported deep dive to assess the site — and could be poised to solve both city housing shortages and downtown revitalization.

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